Loudon, TN is a great city to live in if you're looking for an affordable option. With rent of a 2 bedroom apartment costing only $1,000 compared to the US average of $1,430, it's easy to see why so many people are flocking to this area. The grocery cost index in Loudon is also lower than the US average, making it easier and cheaper to fill your pantry. Popular local companies include ExxonMobil, Pilot Flying J, and Eastman Chemical Company. All three of these organizations provide countless jobs and economic growth in the area.
Loudon has an unemployment rate of 4.6%. The US average is 6.0%.
Loudon has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.
Tax Rates for Loudon
- The Sales Tax Rate for Loudon is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Loudon 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 Loudon
- The average income of a Loudon resident is $18,206 a year. The US average is $28,555 a year.
- The Median household income of a Loudon resident is $52,794 a year. The US average is $69,021 a year.