Philadelphia, TN is a small town located in the state of Tennessee. It is known for its charming downtown area and stunning natural beauty. The cost of living in Philadelphia, TN is quite affordable with 2 bedroom rent averaging around $880 compared to the US average which stands at $1,430. Additionally, grocery costs in Philadelphia are slightly lower than the nationwide average.
The town offers plenty of things to do for its residents and visitors alike. Popular local attractions include Cedars of Lebanon State Park and Big Barren Creek Campground. There are also several businesses based in Philadelphia, such as Marmitt Trucking and Union Bank & Trust Company, that provide employment opportunities for the community. Whether you’re looking to explore nature or find a job, Philadelphia is an excellent place to visit or settle down!
Philadelphia has an unemployment rate of 4.6%. The US average is 6.0%.
Philadelphia has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.
Tax Rates for Philadelphia
- The Sales Tax Rate for Philadelphia is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Philadelphia 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 Philadelphia
- The average income of a Philadelphia resident is $15,204 a year. The US average is $28,555 a year.
- The Median household income of a Philadelphia resident is $63,882 a year. The US average is $69,021 a year.