La Follette, TN is a small city located in Tennessee. It is known for its beautiful scenery and low cost of living. According to the given information, rent for a two bedroom apartment in La Follette costs $870 while the average two bedroom rent in the US is $1,430; this makes La Follette an affordable place to live. Furthermore, grocery cost index in La Follette is 94, which is lower than the US index with 100. This suggests that groceries are also inexpensive in comparison to other cities. There are many local businesses located in La Follette such as Smoky Mountain Pharmacy, Ace Hardware, and Walmart Supercenter. In conclusion, individuals looking for an affordable place to live should look into La Follette due to its low rent costs and grocery prices.
La Follette has an unemployment rate of 6.4%. The US average is 6.0%.
La Follette has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for La Follette
- The Sales Tax Rate for La Follette is 9.3%. The US average is 7.3%.
- The Income Tax Rate for La Follette 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 La Follette
- The average income of a La Follette resident is $13,832 a year. The US average is $28,555 a year.
- The Median household income of a La Follette resident is $38,577 a year. The US average is $69,021 a year.