Wildwood, TN is an up-and-coming city with a very affordable cost of living. It is a good place to start or expand a business as rental costs are significantly lower than the national average at $1,150 for two bedroom apartments. The grocery cost index in Wildwood is also lower than the US average at 98 versus 100. There are many local businesses in Wildwood such as restaurants, retail stores, small businesses and more. These businesses not only provide jobs for local residents but also bring economic activity and tax revenue into the city which helps support important civic services such as parks, libraries and public transportation. By doing business in Wildwood, these companies help give back to the community while contributing to its overall growth.
Wildwood has an unemployment rate of 4.7%. The US average is 6.0%.
Wildwood has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Wildwood
- The Sales Tax Rate for Wildwood is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Wildwood 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 Wildwood
- The average income of a Wildwood resident is $21,634 a year. The US average is $28,555 a year.
- The Median household income of a Wildwood resident is $77,829 a year. The US average is $69,021 a year.