Signal Mountain, TN is a great place to live due to its affordable housing prices. With 2 bedroom rent averaging at $1,360 per month, it is considerably lower than the US average of $1,430. The grocery cost index in Signal Mountain is also slightly higher than the US rate, with an index of 104 versus 100. This is beneficial as it gives residents more options when it comes to groceries and other products. There are many local companies located in Signal Mountain such as Red Bank Supermarket, Signal Pharmacy, and Northshore Fitness Center that offer quality services and products for the community.
Signal Mountain has an unemployment rate of 4.8%. The US average is 6.0%.
Signal Mountain 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 Signal Mountain
- The Sales Tax Rate for Signal Mountain is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Signal Mountain 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 Signal Mountain
- The average income of a Signal Mountain resident is $53,217 a year. The US average is $28,555 a year.
- The Median household income of a Signal Mountain resident is $114,464 a year. The US average is $69,021 a year.