Lake Tansi is a small town located in Tennessee that offers many amenities to its residents. The cost of 2 bedroom rent is quite affordable at $780 compared to the US average of $1,430. Local grocery costs are also lower with a grocery cost index of 96 versus 100 in the US.
Businesses located in Lake Tansi include Ace Hardware, Kum & Go Gas Station, Home Federal Bank and Dollar General Store. Each business provides services and goods for the residents of Lake Tansi.
Overall, Lake Tansi has many advantages that make it an ideal place to call home. With low housing costs and low grocery costs, this quaint town offers excellent value for money. Additionally, local businesses provide convenient access to everyday necessities like groceries and banking services. All these factors make Lake Tansi an attractive option for people looking to relocate or purchase a second home.
Lake Tansi has an unemployment rate of 6.6%. The US average is 6.0%.
Lake Tansi 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 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Lake Tansi
- The Sales Tax Rate for Lake Tansi is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Lake Tansi 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 Lake Tansi
- The average income of a Lake Tansi resident is $21,523 a year. The US average is $28,555 a year.
- The Median household income of a Lake Tansi resident is $51,018 a year. The US average is $69,021 a year.