Baxter, TN is an attractive place to live for many reasons. The rent for a two bedroom apartment in Baxter is $830, which is significantly lower than the national average of $1,430. Grocery cost index in Baxter is 96 compared to 100 in the US, so groceries are relatively cheap compared to other places. Not only does Baxter have a lower cost of living, but it is also home to some great companies such as the Baxter Auto Parts and Checkers Drive-Thru restaurants. In conclusion, Baxter offers residents excellent value for their money with a low cost of living compared to the US average and local businesses that provide quality products and services.
Baxter has an unemployment rate of 4.9%. The US average is 6.0%.
Baxter has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 43.3%, which is higher than the US average of 33.5%.
Tax Rates for Baxter
- The Sales Tax Rate for Baxter is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Baxter 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 Baxter
- The average income of a Baxter resident is $15,892 a year. The US average is $28,555 a year.
- The Median household income of a Baxter resident is $46,815 a year. The US average is $69,021 a year.