Fincastle, TN is a small town located in the state of Tennessee. It is an attractive place to live due to its reasonably priced rent and low cost of living. The average rent for a two bedroom apartment is $870 per month, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Fincastle stands at 94 compared to the US index of 100, indicating another area where residents can save money. \nThe town has a mix of businesses including retail stores like Lion's Den Florist and Marcum & Co., professional services such as Chancey Law Firm, and dining options like Los Primos Mexican Restaurant. Fincastle also boasts many outdoor attractions such as Bill Bouldin Park and Buffalo Mountain Park where visitors can enjoy beautiful scenery and take part in activities like hiking and fishing. Overall, Fincastle has much to offer residents and visitors alike with its affordable cost of living and variety of recreational options.
Fincastle has an unemployment rate of 6.4%. The US average is 6.0%.
Fincastle has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Fincastle
- The Sales Tax Rate for Fincastle is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Fincastle 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 Fincastle
- The average income of a Fincastle resident is $21,399 a year. The US average is $28,555 a year.
- The Median household income of a Fincastle resident is $38,125 a year. The US average is $69,021 a year.