Centertown, TN is a small town located in the state of Tennessee. It has a population of around 2,000 people and is known for its friendly locals and peaceful atmosphere. The cost of rent for a two bedroom apartment in Centertown is $1,130 which is less than that of the US average at $1,430. Additionally, the grocery cost index in Centertown is 93 compared to 100 in the US.
Centertown offers a variety of local work opportunities with industries such as manufacturing, health care services, hospitality and tourism. The town also provides recreational activities such as hiking trails and campgrounds as well as a local farmers market. Popular attractions include historic sites like Union Square Park and the William Dickinson Mansion both of which are open to visitors all year round. For those looking for unique shopping experiences, there are several boutiques offering handmade items such as jewelry and pottery.
Centertown has an unemployment rate of 5.7%. The US average is 6.0%.
Centertown has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 15.0%, which is lower than the US average of 33.5%.
Tax Rates for Centertown
- The Sales Tax Rate for Centertown is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Centertown 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 Centertown
- The average income of a Centertown resident is $20,382 a year. The US average is $28,555 a year.
- The Median household income of a Centertown resident is $56,094 a year. The US average is $69,021 a year.