East Ridge, TN is a city located in Hamilton County and it is part of the Chattanooga Metropolitan Area. It has been named as one of the most affordable places to live in Tennessee due to its low cost of living. The average two bedroom rent in East Ridge is $1,190 which is much lower than the national average of $1,430. The Grocery Cost Index for East Ridge is 96 versus 100 nationally making groceries relatively more affordable compared to other cities. Some popular companies in East Ridge are Life Care Centers Of America, Erlanger Health System, Volkswagen Group Of America, Whirlpool Corporation and US Xpress Enterprises Inc., all providing jobs to local residents. All in all, East Ridge offers excellent opportunities for those looking for an affordable place to live with a good job market.
East Ridge has an unemployment rate of 4.8%. The US average is 6.0%.
East Ridge 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 East Ridge
- The Sales Tax Rate for East Ridge is 9.3%. The US average is 7.3%.
- The Income Tax Rate for East Ridge 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 East Ridge
- The average income of a East Ridge resident is $20,465 a year. The US average is $28,555 a year.
- The Median household income of a East Ridge resident is $49,517 a year. The US average is $69,021 a year.