Atoka, Tennessee is a rural town located near Memphis. Its population size allows for a laid-back atmosphere while still offering access to basic amenities. For those looking for housing, rent for two-bedroom homes is relatively affordable at $1,260 compared to the US average of $1,430. Additionally, grocery costs are slightly lower than the nationwide average with an index rating of 99 as opposed to 100.
For local businesses, Atoka is home to several restaurants like All Star Drive Inn & BBQ and Village Cafe & Bakery as well as retail stores like Southern Home Medical Equipment and Cash Saver Grocery. There are also banks such as First Farmers Bank & Trust and Regions Bank that offer financial services.
Living in Atoka gives one the best of both worlds with access to small-town charm and big city amenities nearby. With its affordable housing options and low cost of living, it is no surprise that more people have been considering making the move to Atoka.
Atoka has an unemployment rate of 5.2%. The US average is 6.0%.
Atoka has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Atoka
- The Sales Tax Rate for Atoka is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Atoka 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 Atoka
- The average income of a Atoka resident is $29,781 a year. The US average is $28,555 a year.
- The Median household income of a Atoka resident is $84,489 a year. The US average is $69,021 a year.