Bon Aqua Junction, TN is a small town located in Middle Tennessee with a cost of living that is lower than the United States average. Rent for a two-bedroom apartment is significantly lower compared to the US average at 750 dollars and grocery costs are even more affordable with an index score of 93 versus 100 in the US. The town features many local businesses such as Bon Aqua Post Office, Harrison's Grocery Store, Power Plus Paint & Body Shop, Tom’s Tires and Dugger Auto Sales. As such, residents can enjoy all amenities available without having to drive too far away.
Bon Aqua Junction has an unemployment rate of 4.3%. The US average is 6.0%.
Bon Aqua Junction has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 44.7%, which is higher than the US average of 33.5%.
Tax Rates for Bon Aqua Junction
- The Sales Tax Rate for Bon Aqua Junction is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Bon Aqua Junction 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 Bon Aqua Junction
- The average income of a Bon Aqua Junction resident is $17,841 a year. The US average is $28,555 a year.
- The Median household income of a Bon Aqua Junction resident is $35,294 a year. The US average is $69,021 a year.