Dowelltown, TN is a small town located outside of Nashville. Despite its small size, the town offers many unique amenities. The cost of living is lower than the national average with a 2 bedroom rent in Dowelltown at $730 compared to $1,430 across the US. Grocery costs are also lower with a grocery cost index of 94 in Dowelltown versus 100 in the US. As a result, many families and businesses have chosen to relocate to Dowelltown for its quality of life and affordability. Companies located in Dowelltown include Allensville Animal Clinic, Tri-County Landscaping and Masonry, and Old Mill Tire Company.
Dowelltown has an unemployment rate of 6.0%. The US average is 6.0%.
Dowelltown has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 43.1%, which is higher than the US average of 33.5%.
Tax Rates for Dowelltown
- The Sales Tax Rate for Dowelltown is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Dowelltown 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 Dowelltown
- The average income of a Dowelltown resident is $26,098 a year. The US average is $37,638 a year.
- The Median household income of a Dowelltown resident is $36,500 a year. The US average is $69,021 a year.