Dayton, TN is a small city located in Rhea County, with an approximate population of 7,700 people. It is known for its low cost of living and many businesses such as Walmart Supercenter, Zaxby's Chicken Fingers & Buffalo Wings, Publix Super Market, and Lowe's Home Improvement. The average rent for a two-bedroom apartment in Dayton is $730 which is significantly cheaper than the national average of $1,430. The grocery cost index in Dayton is 95 compared to 100 at the national level. This shows that despite being a small city, Dayton offers excellent value for money when it comes to everyday living costs.
Dayton has an unemployment rate of 6.6%. The US average is 6.0%.
Dayton has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 27.9%, which is lower than the US average of 33.5%.
Tax Rates for Dayton
- The Sales Tax Rate for Dayton is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Dayton 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 Dayton
- The average income of a Dayton resident is $15,817 a year. The US average is $28,555 a year.
- The Median household income of a Dayton resident is $40,148 a year. The US average is $69,021 a year.