Parrottsville, TN is a small rural town in the northeastern corner of Tennessee. This quaint town has a low cost of living, with two bedroom rents averaging around $720, which is significantly lower than the US average of $1430. Grocery cost index in Parrottsville is also quite favorable to residents, with an index of 94 compared to 100 in the US. Local businesses include Anderson's Grocery Store, Johnson's Auto Repair and Cox's Plumbing Supply. Additionally, there are several restaurants and cafes adding to the unique character of this charming town.
Parrottsville has an unemployment rate of 6.8%. The US average is 6.0%.
Parrottsville has seen the job market decrease by -7.9% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Parrottsville
- The Sales Tax Rate for Parrottsville is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Parrottsville 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 Parrottsville
- The average income of a Parrottsville resident is $21,433 a year. The US average is $37,638 a year.
- The Median household income of a Parrottsville resident is $41,786 a year. The US average is $69,021 a year.