South Carthage, TN is located in Smith County and is known as a quiet rural community. It has a friendly atmosphere and a population of around 4,500 people. The cost of living in South Carthage is quite affordable with 2 bedroom rent averaging at $750 per month. Grocery costs are also lower than the national average with an index of 95 as opposed to 100 in the US. The city is home to local businesses such as J&R Auto Sales, Keiths Fish Fry, and South Carthage Church of Christ among others. All together South Carthage offers its citizens a comfortable lifestyle without having to sacrifice quality for affordability.
South Carthage has an unemployment rate of 4.6%. The US average is 6.0%.
South Carthage has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 47.4%, which is higher than the US average of 33.5%.
Tax Rates for South Carthage
- The Sales Tax Rate for South Carthage is 9.8%. The US average is 7.3%.
- The Income Tax Rate for South Carthage 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 South Carthage
- The average income of a South Carthage resident is $20,069 a year. The US average is $28,555 a year.
- The Median household income of a South Carthage resident is $48,333 a year. The US average is $69,021 a year.