Lincoln, TN County is an affordable place to live with 2 bedroom apartment rental prices at $750 per month. This is significantly lower than the national average of $1,430 per month. The cost of groceries in Lincoln County is also below the national average with a Grocery Cost Index of 93 compared to 100 in the US. There are several local businesses that make up this small community, including Lincoln Pharmacy, Barley's Farm & Produce Market, and L&M Automotive Repair. Residents here enjoy low living costs while taking advantage of the natural beauty provided by nearby lakes and parks. With plenty of opportunities for outdoor recreation and shopping, Lincoln County is a great place to call home.
Lincoln County has an unemployment rate of 5.1%. The US average is 6.0%.
Lincoln County 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 46.4%, which is higher than the US average of 33.5%.
Tax Rates for Lincoln County
- The Sales Tax Rate for Lincoln County is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Lincoln 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 Lincoln County
- The average income of a Lincoln County resident is $21,686 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln County resident is $57,455 a year. The US average is $69,021 a year.