Saltillo, TN is a quiet town with a population of about 3,400. It offers affordable housing and living options such as two bedroom rent for $740 which is much lower than the US average of $1,430. The grocery cost index in Saltillo is also lower than the US average at 90 compared to 100.
The town has many local businesses such as Saltillo Structural Steel, Hillbilly Stitches and Fleece Boutique, and Cowan Family Pharmacy to name a few. There are plenty of places to explore in the area including historic sites and walking trails around the lake. With its low costs and close proximity to other cities like Jackson and Memphis, Saltillo can be an ideal place for people looking to escape the hustle and bustle of city life.
Saltillo has an unemployment rate of 5.9%. The US average is 6.0%.
Saltillo has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Saltillo
- The Sales Tax Rate for Saltillo is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Saltillo 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 Saltillo
- The average income of a Saltillo resident is $16,631 a year. The US average is $28,555 a year.
- The Median household income of a Saltillo resident is $55,189 a year. The US average is $69,021 a year.