Fall Branch, TN is a quiet town located in the state of Tennessee. It offers affordable living with 2 bedroom rents available for only $810, compared to the US average of $1,430. The cost of living in Fall Branch is also lower than other places, with the Grocery Cost Index being at 95 versus 100 in the US. \nLocal businesses around Fall Branch include: Greenway Ford, which provides new and used vehicles for sale; Big John's Auto Parts, which offers automotive parts and accessories; and Dowell’s Family Restaurant & Bakery, which serves delicious homestyle dishes.
Fall Branch has an unemployment rate of 4.6%. The US average is 6.0%.
Fall Branch 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 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Fall Branch
- The Sales Tax Rate for Fall Branch is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Fall Branch 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 Fall Branch
- The average income of a Fall Branch resident is $37,244 a year. The US average is $37,638 a year.
- The Median household income of a Fall Branch resident is $39,956 a year. The US average is $69,021 a year.