Ducktown, TN is a small town with a population of approximately 10,000 people. It offers a low cost of living with two bedroom rent just $720 per month compared to the national average of $1,430. The grocery cost index in Ducktown is 93 versus 100 in the US, making it one of the most affordable places to live in the region. There are several local businesses such as Johnson's Grocery Store, Roscoe's Cafe, and Jones Pharmacy that make up the commercial base for Ducktown and provide employment opportunities for local residents. With it's natural surroundings including mountains, rivers and lakes it also boasts beautiful outdoor recreation activities for visitors and locals alike. With its low cost of living and access to outdoor activities, Ducktown is an attractive place to live.
Ducktown has an unemployment rate of 5.2%. The US average is 6.0%.
Ducktown has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.
Tax Rates for Ducktown
- The Sales Tax Rate for Ducktown is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Ducktown 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 Ducktown
- The average income of a Ducktown resident is $20,843 a year. The US average is $37,638 a year.
- The Median household income of a Ducktown resident is $0 a year. The US average is $69,021 a year.