Byrdstown, TN is a small town in Fentress County with an estimated population of around 1,100 people. It is situated near the banks of Lake Cumberland and its economy is mainly sustained by tourism due to its location in the scenic mountains of Tennessee. There are several local companies in Byrdstown such as Eagle One Pizza, Byrdstown Drug Store and Byrdstown IGA. The average 2 bedroom rent in Byrdstown is $770 which is lower than the national rate of $1,430 for two bedrooms. Additionally, grocery cost index in Byrdstown is 95 compared to 100 in the US.
Byrdstown has an unemployment rate of 5.6%. The US average is 6.0%.
Byrdstown has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.
Tax Rates for Byrdstown
- The Sales Tax Rate for Byrdstown is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Byrdstown 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 Byrdstown
- The average income of a Byrdstown resident is $15,780 a year. The US average is $28,555 a year.
- The Median household income of a Byrdstown resident is $28,816 a year. The US average is $69,021 a year.