Pikeville, TN is a small city located in Bledsoe County with a population of around 2,400 people. It is home to several local businesses, such as the Pikeville Family Diner, Bledsoe County Hospital, and the First Tennessee Bank. The cost of living in Pikeville is quite affordable compared to other cities. For example, the average rent for a two-bedroom apartment is $810 per month while it averages around $1,430 per month in the United States. Additionally, the Grocery Cost Index in Pikeville is 96 versus 100 in the US. This shows that grocery shopping in Pikeville costs slightly less than than in other places. Overall, with its low living expenses and convenient location near Chattanooga and Knoxville, Pikeville makes an attractive option for those looking for an affordable place to live.
Pikeville has an unemployment rate of 7.4%. The US average is 6.0%.
Pikeville has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Pikeville
- The Sales Tax Rate for Pikeville is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Pikeville 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 Pikeville
- The average income of a Pikeville resident is $16,088 a year. The US average is $28,555 a year.
- The Median household income of a Pikeville resident is $29,813 a year. The US average is $69,021 a year.