Spurgeon, TN Economy


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Spurgeon, Tennessee is a small rural town in the northeast part of Tennessee. It is home to a variety of local companies such as Spurgeon Automotive Services, Spurgeon HVAC, and Spurgeon Trucking Service. The cost of living in this area is quite reasonable, with an average two-bedroom rent being around $890 compared to the US average of $1,430. Additionally, the grocery cost index in Spurgeon is 98 versus 100 in the US on average. This makes Spurgeon an attractive and affordable place to live for those looking for a more laid back lifestyle.

Spurgeon has an unemployment rate of 4.6%. The US average is 6.0%.

Spurgeon has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.

Tax Rates for Spurgeon
- The Sales Tax Rate for Spurgeon is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Spurgeon 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 Spurgeon
- The average income of a Spurgeon resident is $24,385 a year. The US average is $28,555 a year.
- The Median household income of a Spurgeon resident is $67,836 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpurgeon, TennesseeUnited States
  4.66
  -4.9%-6.2%
  35.0%33.5%
  9.5%6.2%
  0.0%4.6%
  $33,847$37,638
  $67,836$69,021
  $77,348$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.5%6.8%
  14.9%10.0%
  0.7%2.5%
  8.1%11.0%
  3.3%4.8%
  0.0%0.8%
  2.1%1.9%
  8.1%4.7%
  1.3%1.9%
  4.7%7.6%
  0.0%0.1%
  4.1%4.2%
  4.5%9.3%
  27.5%14.0%
  1.9%2.1%
  3.1%7.0%
  5.4%4.8%
  6.6%4.7%
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