Soddy-Daisy, TN is a small city located in the state of Tennessee. It is home to several well-known companies such as Ooltewah Nursery & Landscaping, Ray Varner Ford, and Soddy Daisy Pharmacy. This area offers its residents and visitors a unique experience of being able to enjoy a small town atmosphere with big city amenities. The cost of living in Soddy-Daisy is relatively low, as evidenced by the fact that two bedroom rental costs only $970 compared to $1,430 nationally. Furthermore, the Grocery Cost Index in Soddy-Daisy is 98 versus 100 in the US which further proves how affordable it is to live here. Overall, Soddy-Daisy offers an excellent quality of life for its residents at an affordable price.
Soddy-Daisy has an unemployment rate of 4.8%. The US average is 6.0%.
Soddy-Daisy has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 46.0%, which is higher than the US average of 33.5%.
Tax Rates for Soddy-Daisy
- The Sales Tax Rate for Soddy-Daisy is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Soddy-Daisy 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 Soddy-Daisy
- The average income of a Soddy-Daisy resident is $22,971 a year. The US average is $28,555 a year.
- The Median household income of a Soddy-Daisy resident is $54,191 a year. The US average is $69,021 a year.