Decatur, TN is a small town with a population of just over 1,000 people. With its comfortable atmosphere, Decatur is a great place for those looking for an escape from the hustle and bustle of larger cities. The cost of living in Decatur is lower than the US average. For example, 2 bedroom rent in Decatur is $810 compared to the national average of $1,430. Additionally, the grocery cost index in Decatur is 95 as opposed to 100 nationally. Some local stores include Stuckey's Grocery Store and Two Rivers Hardware & Supply. Residents can also find plenty of restaurants such as TNT Bar & Grill and Dees Family Restaurant. Altogether, Decatur offers residents affordable living with all the amenities one needs for a comfortable lifestyle.
Decatur has an unemployment rate of 6.2%. The US average is 6.0%.
Decatur 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
- The Sales Tax Rate for Decatur is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Decatur 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
- The average income of a Decatur resident is $16,801 a year. The US average is $28,555 a year.
- The Median household income of a Decatur resident is $45,259 a year. The US average is $69,021 a year.