Baileyton, TN is a small town situated in the US state of Tennessee. It is an affordable place to live as rental prices for two bedroom apartments are only $710 per month compared to the national average of $1430. Additionally, the cost of living in Baileyton is lower than the US with its Grocery Cost Index set at 94 versus the 100 national index. Therefore, if you want to save money while living comfortably, choose Baileyton, TN. There are many local companies such as Baileyton Feed & Seed Co., Baileyton Construction Company and Reed's Family Farm that provide great services to residents in the area.
Baileyton has an unemployment rate of 5.6%. The US average is 6.0%.
Baileyton has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Baileyton
- The Sales Tax Rate for Baileyton is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Baileyton 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 Baileyton
- The average income of a Baileyton resident is $17,037 a year. The US average is $28,555 a year.
- The Median household income of a Baileyton resident is $36,875 a year. The US average is $69,021 a year.