Calhoun, TN is a small town located in Tennessee with a population of 4,700. The cost of living is cheaper than the national average and 2 bedroom rents are $1,040 compared to the national average of $1,430. Grocery costs are also lower in Calhoun with an index of 94 versus the national index of 100. Local companies include Amazon Distribution Center, Home Depot Distribution Center, and Pet Products Manufacturer. Calhoun has a rural atmosphere which gives residents a peaceful and simple lifestyle surrounded by nature. There's plenty to do for outdoor activities such as fishing at nearby lakes or hiking in the nearby Cherokee National Forest. Residents can find all their needs within the city with convenience stores, sports centers, and other local shops.
Calhoun has an unemployment rate of 5.3%. The US average is 6.0%.
Calhoun has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Calhoun
- The Sales Tax Rate for Calhoun is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Calhoun 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 Calhoun
- The average income of a Calhoun resident is $27,358 a year. The US average is $37,638 a year.
- The Median household income of a Calhoun resident is $39,583 a year. The US average is $69,021 a year.