Johnson City, TN Metro Area is an affordable place to live compared to the rest of the United States. With a 2 bedroom rent of $880 versus the US average of $1,430, it's easy to see why many people are attracted to this area. Additionally, the Grocery Cost Index in Johnson City is 96 versus 100 in the US, making it even more attractive for budget-minded individuals. The area has several prominent companies that help drive the local economy such as Eastman Chemical Company, Mountain Empire Oil Corporation and Johnson City Medical Center. All of these businesses provide jobs and resources that make Johnson City a great place to work and visit. It is clear that this area offers much more than just affordability; it is an amazing location with plenty of amenities and opportunities for all types of people.
Johnson City Metro Area has an unemployment rate of 5.1%. The US average is 6.0%.
Johnson City Metro Area has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Johnson City Metro Area
- The Sales Tax Rate for Johnson City Metro Area is 9.6%. The US average is 7.3%.
- The Income Tax Rate for Johnson City Metro Area 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 Johnson City Metro Area
- The average income of a Johnson City Metro Area resident is $23,720 a year. The US average is $28,555 a year.
- The Median household income of a Johnson City Metro Area resident is $49,278 a year. The US average is $69,021 a year.