Tusculum, TN is a small town located in Greene County known for its affordability and easy access to the many amenities of nearby cities. The rent for two-bedroom apartments is $710 per month, which is well below the national average of $1,430. Similarly, the Grocery Cost Index in Tusculum is 94 compared to 100 in the US. In addition to its economic advantages, Tusculum offers a variety of attractions and local businesses for residents to enjoy. Some notable places include the Nolichucky River where visitors can go fishing or kayaking; Eastman Credit Union – a community financial institution; Crockett Tavern Museum – a museum dedicated to preserving Tennessee's pioneer history; and Greene Valley Marketplace – an outdoor shopping emporium featuring a verity of stores and restaurants. With its lower cost of living and many activities, Tusculum provides an ideal place for families or individuals looking for an affordable place to live while enjoying the benefits of city life nearby.
Tusculum has an unemployment rate of 5.6%. The US average is 6.0%.
Tusculum has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Tusculum
- The Sales Tax Rate for Tusculum is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Tusculum 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 Tusculum
- The average income of a Tusculum resident is $21,236 a year. The US average is $28,555 a year.
- The Median household income of a Tusculum resident is $64,779 a year. The US average is $69,021 a year.