The small town of Decatur, Tennessee is an attractive location for relocating or visiting. With its population of about 1,800 people, Decatur offers a cozy atmosphere with access to nearby attractions like the Tennessee River. In terms of housing options, the median 2 bedroom rent in Decatur is $810 per month which is significantly lower than the US median rent of $1,430 per month. The grocery cost index in Decatur stands at 95 versus 100 in the US; this means that groceries are much more affordable in Decatur than elsewhere in the country.
In addition to more affordable living costs, Decatur also offers plenty of businesses and amenities for locals and visitors alike. Shopping can be done at stores like Dollar General and Family Dollar while eating out can be done at places like The Hot Fish House Diner or Rocky Top BBQ & Grill. There are also other local establishments including beauty salons, auto repair shops, gas stations, and banks that contribute to overall convenience within the city limits.
Decatur (zip 37322) has an unemployment rate of 6.2%. The US average is 6.0%.
Decatur (zip 37322) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.
Tax Rates for Decatur (zip 37322)
- The Sales Tax Rate for Decatur (zip 37322) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Decatur (zip 37322) 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 Decatur (zip 37322)
- The average income of a Decatur (zip 37322) resident is $17,865 a year. The US average is $28,555 a year.
- The Median household income of a Decatur (zip 37322) resident is $53,986 a year. The US average is $69,021 a year.