Whitwell, TN is a small town located in Marion County, TN. It has a population of just over 1,500 people and is close to Chattanooga and Nashville. The cost of living in Whitwell is significantly lower than the US Average; 2 bedroom rent is only $950 compared to the national average of $1,430. Additionally, the grocery cost index is 94 compared to the US' 100 which shows how much cheaper groceries are here. Local companies and businesses include Hilltop Restaurant & Bakery, Bluebird Cafe & Store, Whitwell Hardware & Lumber Co., Little Church on the Hill Coffee Shop & Bakery, and Ocoee River Outfitters. These local businesses provide goods ranging from food to hardware materials within the area making it easier for citizens to get what they need without having to travel far away or online shopping.
Whitwell has an unemployment rate of 5.5%. The US average is 6.0%.
Whitwell has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 41.4%, which is higher than the US average of 33.5%.
Tax Rates for Whitwell
- The Sales Tax Rate for Whitwell is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Whitwell is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Whitwell
- The average income of a Whitwell resident is $14,353 a year. The US average is $28,555 a year.
- The Median household income of a Whitwell resident is $62,500 a year. The US average is $69,021 a year.