Mosheim, TN is a small town located in the eastern part of the state, with a population of around 500 people. It is known for its affordability and low cost of living. The average rent for a two bedroom apartment is $760, much less than the national average of $1,430. The Grocery Cost Index for Mosheim is 93 compared to 100 nationally. There are several local businesses in Mosheim including Mosheim Gas & Oil Co., Hensley & Sons Auto Repair, and Terry's Market & Deli. These local companies provide essential services to the community and support its economic growth.
Mosheim has an unemployment rate of 5.6%. The US average is 6.0%.
Mosheim has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Mosheim
- The Sales Tax Rate for Mosheim is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Mosheim 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 Mosheim
- The average income of a Mosheim resident is $16,177 a year. The US average is $28,555 a year.
- The Median household income of a Mosheim resident is $41,545 a year. The US average is $69,021 a year.