Clarksburg, TN is a small but vibrant city located in Montgomery County. It is home to numerous local businesses and attractions such as the Clarksburg Premium Outlets, Tennessee River Theaters, and Jumpin' Joe's Family Fun Center. The cost of living in Clarksburg is very affordable with rent for a two-bedroom apartment being approximately $750 compared to the US average of $1,430. Furthermore, the grocery cost index in Clarksburg is 92 compared to 100 in the US, making groceries even more accessible and economical for local residents. With its low rental costs and abundance of amenities, Clarksburg is an attractive place for both families and individuals who are looking for affordability without sacrificing quality of life.
Clarksburg has an unemployment rate of 5.7%. The US average is 6.0%.
Clarksburg has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for Clarksburg
- The Sales Tax Rate for Clarksburg is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Clarksburg 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 Clarksburg
- The average income of a Clarksburg resident is $22,258 a year. The US average is $37,638 a year.
- The Median household income of a Clarksburg resident is $66,875 a year. The US average is $69,021 a year.