Roan Mountain, TN is an ideal place to settle down with its affordable living costs and ample job opportunities. The average two-bedroom rent in the area is $750, much lower than the US average of $1,430. Similarly, the Grocery Cost Index in Roan Mountain is 95 versus 100 in the US. There are several notable businesses located in Roan Mountain including Roan Mountain State Park which offers hiking trails, camping sites, and more for visitors and locals alike. Additionally, High Country Outfitters has been offering outdoor equipment rentals since 2007. For those looking for employment opportunities, there are several employers that provide quality jobs to local residents including Roan Mountain Construction Company, Tri-County Industries Inc., and Tennessee Valley Authority.
Roan Mountain has an unemployment rate of 5.7%. The US average is 6.0%.
Roan Mountain has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Roan Mountain
- The Sales Tax Rate for Roan Mountain is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Roan Mountain 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 Roan Mountain
- The average income of a Roan Mountain resident is $11,298 a year. The US average is $28,555 a year.
- The Median household income of a Roan Mountain resident is $55,769 a year. The US average is $69,021 a year.