Tullahoma, TN is a thriving city located in the southern part of Tennessee. It has an affordable cost of living and is known for its friendly people and culture. The average 2 bedroom rent in Tullahoma is $1,110 which is significantly lower than the US 2 bedroom rent at $1,430. Additionally, the Grocery Cost Index in Tullahoma is 95 versus 100 in the US. This makes it easy to buy groceries for less while still having access to all of your favorite brands. Some popular local companies include Golden Rule Meats and Tullahoma Footwear as well as many smaller businesses located downtown. With so much to offer at a low price point, it's no wonder why so many people choose to live in Tullahoma!
Tullahoma has an unemployment rate of 4.9%. The US average is 6.0%.
Tullahoma 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 40.2%, which is higher than the US average of 33.5%.
Tax Rates for Tullahoma
- The Sales Tax Rate for Tullahoma is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Tullahoma 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 Tullahoma
- The average income of a Tullahoma resident is $23,334 a year. The US average is $28,555 a year.
- The Median household income of a Tullahoma resident is $52,411 a year. The US average is $69,021 a year.