The Tullahoma-Manchester, TN Metro Area is a great place to live with lots of local amenities. The cost of living in the area is relatively low, with two bedroom rentals averaging $780 compared to a US average of $1,430. The Grocery Cost Index in the area is also lower than the national average at 95. Many large companies are based here such as Amazon Fulfillment Center, Eastman Chemical Company and Beechcraft Corporation. There are also a number of small business opportunities for those looking to start their own ventures. All in all, living in the Tullahoma-Manchester area can be an affordable and rewarding experience.
Tullahoma-Manchester Metro Area has an unemployment rate of 4.7%. The US average is 6.0%.
Tullahoma-Manchester Metro Area has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Tullahoma-Manchester Metro Area
- The Sales Tax Rate for Tullahoma-Manchester Metro Area is 9.6%. The US average is 7.3%.
- The Income Tax Rate for Tullahoma-Manchester 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 Tullahoma-Manchester Metro Area
- The average income of a Tullahoma-Manchester Metro Area resident is $22,218 a year. The US average is $28,555 a year.
- The Median household income of a Tullahoma-Manchester Metro Area resident is $53,337 a year. The US average is $69,021 a year.