Chester, TN County is a great place to live with lower than average rent prices. According to recent data, 2 bedroom rent in Chester costs on average $940 dollars which is significantly lower than the US's average price of $1,430. Additionally, grocery cost index is 93 versus 100 in the US. This low cost of living makes Chester an affordable option for anyone looking to settle down. The local economy contains a variety of companies such as Southeastern Container Inc., Powell Valley Electric Cooperative and Pro Metal Mfg. Inc. There are plenty of job opportunities available in these industries making it easy for people to find work and start building their lives in Chester, TN County.
Chester County has an unemployment rate of 4.4%. The US average is 6.0%.
Chester County has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.
Tax Rates for Chester County
- The Sales Tax Rate for Chester County is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Chester County 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 Chester County
- The average income of a Chester County resident is $19,059 a year. The US average is $28,555 a year.
- The Median household income of a Chester County resident is $52,692 a year. The US average is $69,021 a year.