Luttrell, TN is a small city located in the heart of Tennessee. This small town offers great housing options for those looking to live in the area, with the average two bedroom rent costing only $920 compared to $1,430 nationally. The cost of living is also lower than the US average, with a Grocery Cost Index of 93 versus 100. Local companies based in Luttrell include O’Reilly Auto Parts, First South Farm Credit and Campbell Properties Inc., just to name a few. With its reasonable cost of living and high quality services provided by local companies, Luttrell is an ideal place to call home!
Luttrell has an unemployment rate of 5.3%. The US average is 6.0%.
Luttrell has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.
Tax Rates for Luttrell
- The Sales Tax Rate for Luttrell is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Luttrell 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 Luttrell
- The average income of a Luttrell resident is $16,407 a year. The US average is $28,555 a year.
- The Median household income of a Luttrell resident is $36,786 a year. The US average is $69,021 a year.