Carroll, TN County is a great place to live for those looking for an affordable lifestyle. The average rent for a two-bedroom home is only $750 compared to the US average of $1,430. This makes it more affordable for those on a tight budget. In addition to this, the Grocery Cost Index in Carroll, TN County is 91 versus 100 in the US. This further helps to keep costs down when shopping for groceries.
The economy in Carroll, TN County has grown over time and there are many local companies that offer employment opportunities such as Walmart, Tyson Foods Inc., Dixie Machine Products Inc., and Crossville Metal Industries Inc.. Residents have access to excellent services and amenities, making life cheaper and more comfortable. Overall, Carroll, TN County offers a low cost of living that can be beneficial to those seeking an affordable lifestyle.
Carroll County has an unemployment rate of 5.7%. The US average is 6.0%.
Carroll County has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for Carroll County
- The Sales Tax Rate for Carroll County is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Carroll County 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 Carroll County
- The average income of a Carroll County resident is $19,461 a year. The US average is $28,555 a year.
- The Median household income of a Carroll County resident is $44,794 a year. The US average is $69,021 a year.