Lookout Mountain, TN is a small town located in the Chattanooga Valley of Tennessee. It's a charming and safe community with lots of outdoor activities to enjoy, including camping and hiking in the nearby Lookout Mountain National Park. For those looking for comfortable living at an affordable price, Lookout Mountain is the perfect place to call home. The average two bedroom rent here is $1,160 - much more affordable than the US average of $1,430. Moreover, its Grocery Cost Index is 108 compared to 100 in the US!
For shopping and dining options, Lookout Mountain has plenty to offer. Popular local businesses include Outdoor Chattanooga, which provides leading outdoor recreation services such as guided tours and mountain biking trails; Dixie Dairy Bar, which serves up classic American comfort food; and Rock City Gardens, a beloved gardens attraction with stunning rock formations and gardens full of wildflowers.
Lookout Mountain has an unemployment rate of 4.8%. The US average is 6.0%.
Lookout Mountain has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 46.0%, which is higher than the US average of 33.5%.
Tax Rates for Lookout Mountain
- The Sales Tax Rate for Lookout Mountain is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Lookout Mountain 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 Lookout Mountain
- The average income of a Lookout Mountain resident is $79,344 a year. The US average is $28,555 a year.
- The Median household income of a Lookout Mountain resident is $152,143 a year. The US average is $69,021 a year.