Vonore, TN is a small town located in Monroe County with a population of 2,205. It is known for its peaceful atmosphere and strong local community. The cost of living is relatively low with average two bedroom rental prices at $920 - much lower than the US average of $1,430. Grocery costs are also below the national average index score of 100 versus 100 in the US.
Vonore has several popular companies that contribute to the local economy such as Vonco Products which manufactures parts for boats; Townsend Machine Company provides precision machining services; Tellico Marine specializes in boat repairs; and lastly Rhea Medical Center provides medical care to residents. Vonco Products manufactures parts for boats, Townsend Machine Company offers precision machining services, Tellico Marine specializes in boat repairs, and Rhea Medical Center provides medical care to residents. All these businesses provide great opportunities for Vonore's citizens to find employment or shop locally.
Vonore has an unemployment rate of 5.1%. The US average is 6.0%.
Vonore has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 41.1%, which is higher than the US average of 33.5%.
Tax Rates for Vonore
- The Sales Tax Rate for Vonore is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Vonore 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 Vonore
- The average income of a Vonore resident is $21,521 a year. The US average is $28,555 a year.
- The Median household income of a Vonore resident is $46,250 a year. The US average is $69,021 a year.