Obion, TN is a small town located in northwest Tennessee. It is known for its family-friendly atmosphere and rural charm, yet it still offers a variety of activities and amenities that make it an attractive place to live. The rent for two bedrooms in Obion is $740 per month, which is significantly lower than the U.S. national average of $1,430 per month. The grocery cost index in Obion is also 88 versus 100 in the U.S., making basic necessities much more affordable here than elsewhere in America. Some local companies that call Obion home include B&C Foods Inc., A&A Industries, and Obion County Library System. All in all, with its low housing costs and relatively inexpensive groceries compared to other places throughout the United States, combined with its friendly community feel, Obion makes for an ideal place to settle down and start a new life.
Obion has an unemployment rate of 6.1%. The US average is 6.0%.
Obion has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Obion
- The Sales Tax Rate for Obion is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Obion 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 Obion
- The average income of a Obion resident is $23,547 a year. The US average is $37,638 a year.
- The Median household income of a Obion resident is $46,429 a year. The US average is $69,021 a year.