Spurgeon, Tennessee is a small rural town in the northeast part of Tennessee. It is home to a variety of local companies such as Spurgeon Automotive Services, Spurgeon HVAC, and Spurgeon Trucking Service. The cost of living in this area is quite reasonable, with an average two-bedroom rent being around $890 compared to the US average of $1,430. Additionally, the grocery cost index in Spurgeon is 98 versus 100 in the US on average. This makes Spurgeon an attractive and affordable place to live for those looking for a more laid back lifestyle.
Spurgeon has an unemployment rate of 4.6%. The US average is 6.0%.
Spurgeon has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Spurgeon
- The Sales Tax Rate for Spurgeon is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Spurgeon 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 Spurgeon
- The average income of a Spurgeon resident is $33,847 a year. The US average is $37,638 a year.
- The Median household income of a Spurgeon resident is $67,836 a year. The US average is $69,021 a year.