New Union, TN is a city located in the south of the United States. Its living costs are much more affordable than the national average, with two-bedroom rental prices at $1,040 a month and a grocery cost index of 96 compared to the US average of 100. The city has access to all necessary amenities and boasts a number of well known companies such as Walmart, Target and Home Depot. There are also several local establishments that offer unique experiences such as restaurants, art galleries, and an array of outdoor activities. With its low cost of living and strong local businesses, New Union is an ideal location for those looking to experience all life has to offer while keeping their expenses low.
New Union has an unemployment rate of 4.9%. The US average is 6.0%.
New Union has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 40.2%, which is higher than the US average of 33.5%.
Tax Rates for New Union
- The Sales Tax Rate for New Union is 9.8%. The US average is 7.3%.
- The Income Tax Rate for New Union 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 New Union
- The average income of a New Union resident is $30,072 a year. The US average is $28,555 a year.
- The Median household income of a New Union resident is $58,884 a year. The US average is $69,021 a year.