Decaturville, TN is a small yet vibrant town located in central Tennessee. It has a low cost of living compared to the national average, with two-bedroom rent costing only $730 and a grocery cost index of 92. The community is home to several local businesses including Decaturville True Value Hardware Store, Decaturville Drug Store, and the Decaturville Family Restaurant. All these businesses work to create a strong sense of community for the local residents of Decaturville.
Decaturville has an unemployment rate of 6.9%. The US average is 6.0%.
Decaturville has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 26.9%, which is lower than the US average of 33.5%.
Tax Rates for Decaturville
- The Sales Tax Rate for Decaturville is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Decaturville 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 Decaturville
- The average income of a Decaturville resident is $15,640 a year. The US average is $28,555 a year.
- The Median household income of a Decaturville resident is $40,455 a year. The US average is $69,021 a year.