Clay, TN County is a great place to live in. With an average two bedroom rent of $750 it is much more affordable than the US average of $1,430. Living expenses are also very affordable as the grocery cost index in Clay, TN County is 94 compared to 100 in the US. There are many local businesses that residents can support such as Big T Grocery Store, Clay Animal Hospital, and Ace Hardware Store. These companies provide quality goods and services for residents of Clay, TN County and have been around for many years.
Clay County has an unemployment rate of 7.0%. The US average is 6.0%.
Clay County has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Clay County
- The Sales Tax Rate for Clay County is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Clay 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 Clay County
- The average income of a Clay County resident is $21,602 a year. The US average is $37,638 a year.
- The Median household income of a Clay County resident is $38,709 a year. The US average is $69,021 a year.