Lobelville, TN is a small town located in Perry County with an estimated population of just over 500 people. Despite its size, the town offers plenty of amenities for its residents. The average two bedroom rent in Lobelville is $740, which is significantly less than the US average of $1,430. Additionally, the Grocery Cost Index in Lobelville is 92 compared to 100 in the US. This makes it very affordable to live in Lobelville despite its small size. There are also several local businesses including Maple Hill Farm Equipment Company, Big Oak Produce Market and Convenience Store and Perry Veterinary Service Inc. With its affordability and local businesses, Lobelville is an ideal place for those looking for a peaceful town with plenty of amenities.
Lobelville has an unemployment rate of 7.5%. The US average is 6.0%.
Lobelville has seen the job market decrease by -8.6% over the last year. Future job growth over the next ten years is predicted to be 41.5%, which is higher than the US average of 33.5%.
Tax Rates for Lobelville
- The Sales Tax Rate for Lobelville is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Lobelville 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 Lobelville
- The average income of a Lobelville resident is $29,762 a year. The US average is $37,638 a year.
- The Median household income of a Lobelville resident is $48,397 a year. The US average is $69,021 a year.