Zip 37663 (Colonial Heights, TN) Economy


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37663 Colonial Heights, TN is an excellent location for those looking to experience the Southern charm of Tennessee. It has a population of 880 and offers some great amenities such as 2 bedroom rent at just $790, making it one of the most affordable cities in the state. The Grocery Cost Index here is 98 versus 100 in the US, making it an economical place to live.
The area is served by businesses such as Kroger grocery store, Walmart Supercenter, and Walgreens Pharmacy. There are several restaurants nearby including Nicky’s Italian Restaurant and The Place Bar-B-Que & Grill. Local attractions include Bays Mountain Park & Planetarium and Warriors' Path State Park where visitors can enjoy biking, hiking and swimming. With its low cost of living and rich cultural offerings, 37663 Colonial Heights is an ideal town for those looking to make Tennessee their home.

Colonial Heights (zip 37663) has an unemployment rate of 6.1%. The US average is 6.0%.

Colonial Heights (zip 37663) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 33.5%, which is higher than the US average of 33.5%.

Tax Rates for Colonial Heights (zip 37663)
- The Sales Tax Rate for Colonial Heights (zip 37663) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Colonial Heights (zip 37663) 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 Colonial Heights (zip 37663)
- The average income of a Colonial Heights (zip 37663) resident is $30,091 a year. The US average is $28,555 a year.
- The Median household income of a Colonial Heights (zip 37663) resident is $69,503 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColonial Heights, TennesseeUnited States
  6.16
  -5.5%-6.2%
  33.5%33.5%
  9.3%6.2%
  0.0%4.6%
  $36,153$37,638
  $69,503$69,021
  $82,286$85,028
  Population by Occupation
  0.6%1.2%
  0.3%0.5%
  2.9%6.8%
  14.9%10.0%
  3.1%2.5%
  11.1%11.0%
  4.3%4.8%
  0.3%0.8%
  3.4%1.9%
  5.5%4.7%
  2.4%1.9%
  3.6%7.6%
  0.0%0.1%
  3.2%4.2%
  7.6%9.3%
  19.0%14.0%
  1.0%2.1%
  7.8%7.0%
  5.7%4.8%
  3.2%4.7%
Health