Jacksboro, TN is a small town in East Tennessee filled with charm and personality. The cost of living here is quite low compared to the national average. For instance, 2 bedroom rent is $830 compared to the US average of $1,430. Similarly, the grocery cost index in Jacksboro is 96 versus 100 in the US. This makes it an attractive place for people looking for a more budget-friendly lifestyle.
The town has plenty of local businesses and attractions that make it a great place to live. There are several restaurants including the popular Jack's Drive-Inn, as well as unique stores such as Carrolton's Antiques & Gifts and The Peddler's Mall that offer everything from vintage items to handmade crafts. Additionally, there are some lovely parks like Campbell Cove Park where you can take a stroll or take part in fishing and swimming activities.
Jacksboro has an unemployment rate of 6.4%. The US average is 6.0%.
Jacksboro 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 Jacksboro
- The Sales Tax Rate for Jacksboro is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Jacksboro 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 Jacksboro
- The average income of a Jacksboro resident is $25,319 a year. The US average is $37,638 a year.
- The Median household income of a Jacksboro resident is $49,490 a year. The US average is $69,021 a year.