Collegedale, TN is an attractive city for many people. It offers a lower cost of living than the national average with an 2 bedroom rent of $1,270 compared to the US average of $1,430. Additionally, its grocery cost index is 101 versus 100 in the US which makes groceries more affordable than in other parts of the country. The city also has a variety of local businesses such as Fazoli's Italian restaurant, Greenlife Grocery store and Volkswagon Chattanooga car dealership that add to its appeal. With all these factors considered, Collegedale, TN provides an affordable option for those looking for a place to call home.
Collegedale has an unemployment rate of 4.8%. The US average is 6.0%.
Collegedale has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 46.0%, which is higher than the US average of 33.5%.
Tax Rates for Collegedale
- The Sales Tax Rate for Collegedale is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Collegedale 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 Collegedale
- The average income of a Collegedale resident is $25,137 a year. The US average is $28,555 a year.
- The Median household income of a Collegedale resident is $64,042 a year. The US average is $69,021 a year.