Baneberry, TN is a charming small town located in the foothills of the Smoky Mountains. It's known for its friendly community and low cost of living. Rent for 2 bedroom apartments averages around $730 per month, making it far more affordable than the national average of $1,430. Additionally, the Grocery Cost Index in Baneberry is 95 compared to 100 in the US, indicating that groceries are even cheaper here!
There are several local businesses that make Baneberry a great place to live and visit. The Baneberry Bakery is known for its bakery goods while Dolly's Country Store serves as one of the best places to find quality home goods at an unbeatable price. For those looking for outdoor activities, popular attractions include Panther Creek State Park and Rock Island State Park for camping and swimming or golfing at Fairways Golf Course.
Baneberry has an unemployment rate of 5.0%. The US average is 6.0%.
Baneberry has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 39.1%, which is higher than the US average of 33.5%.
Tax Rates for Baneberry
- The Sales Tax Rate for Baneberry is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Baneberry 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 Baneberry
- The average income of a Baneberry resident is $44,043 a year. The US average is $37,638 a year.
- The Median household income of a Baneberry resident is $92,500 a year. The US average is $69,021 a year.