Monteagle, TN is a small town located in Marion County. It has a population of approximately 1,300 people and offers its residents an excellent quality of life. There are a variety of local businesses to choose from, including restaurants, cafes, and stores. In terms of housing costs, the average 2 bedroom rent is $860 per month, which is much lower than the US average of $1,430. Additionally, the grocery cost index in Monteagle is 96 compared to the US average of 100. Therefore, those looking for an affordable living space will find that Monteagle provides an attractive option.
Monteagle has an unemployment rate of 6.6%. The US average is 6.0%.
Monteagle has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Monteagle
- The Sales Tax Rate for Monteagle is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Monteagle 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 Monteagle
- The average income of a Monteagle resident is $21,028 a year. The US average is $37,638 a year.
- The Median household income of a Monteagle resident is $47,372 a year. The US average is $69,021 a year.