Oliver Springs, TN is a small town located in East Tennessee with an array of activities to explore. It provides affordable housing options, which is evidenced by the 2 bedroom rent at $950 compared to the US average of $1,430. Additionally, Oliver Springs offers a low cost of living as seen through its Grocery Cost Index of 95 versus the US average 100. Within Oliver Springs there are local businesses such as Sprint Mart convenience store and Alley Cat Pizza for a night out with friends. With its lower cost of living and housing prices, Oliver Springs makes it easy to enjoy life without breaking the bank.
Oliver Springs has an unemployment rate of 4.9%. The US average is 6.0%.
Oliver Springs 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 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Oliver Springs
- The Sales Tax Rate for Oliver Springs is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Oliver Springs 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 Oliver Springs
- The average income of a Oliver Springs resident is $21,056 a year. The US average is $28,555 a year.
- The Median household income of a Oliver Springs resident is $44,468 a year. The US average is $69,021 a year.