equestId":"32314bc9-878b-4e3c-9092-8e90df599d52","resource":"content","data":[{"id":"txt_0ce1cb3897264742afa7d5f9a8b1ae94","text":"\nNewbern, TN is an attractive city to live in due to its affordability. The average rent for a two bedroom apartment in Newbern is $810 while the US average is $1,430. Additionally, the Grocery Cost Index in Newbern is 93 versus 100 in the US; this means groceries are even more affordable than other parts of the country. Newbern also offers plenty of opportunities for employment and entertainment. Some of the local companies include Thackeray Farms, Big Creek Outfitters, and Stewart's Automotive Repair. These businesses provide a range of job opportunities as well as activities for locals like farming, outdoor recreation, and automotive maintenance services.
Newbern has an unemployment rate of 5.8%. The US average is 6.0%.
Newbern has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Newbern
- The Sales Tax Rate for Newbern is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Newbern 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 Newbern
- The average income of a Newbern resident is $21,020 a year. The US average is $28,555 a year.
- The Median household income of a Newbern resident is $39,719 a year. The US average is $69,021 a year.