Niota, TN is a small town located in McMinn County with a population of about 1,800 according to recent census data. It is known for its low cost of living compared to most major cities in the United States. The average rent for two bedroom apartments in Niota is $840 which is significantly lower than the national average of $1,430. Additionally, groceries in Niota are approximately four percent cheaper than the national average with an index score of 96 versus 100.
Niota is home to several notable companies such as Trinity Valley Builders, WKH Contracting Group, and J&D Remodeling & Construction Inc., all providing employment opportunities within the community. With low rental rates and food costs compared to other parts of the country, Niota offers an affordable place for residents to call home.
Niota has an unemployment rate of 5.3%. The US average is 6.0%.
Niota has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Niota
- The Sales Tax Rate for Niota is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Niota 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 Niota
- The average income of a Niota resident is $21,912 a year. The US average is $28,555 a year.
- The Median household income of a Niota resident is $36,652 a year. The US average is $69,021 a year.