Polk, TN County is an attractive place to live due to its affordable cost of living. The average two-bedroom rental rate in Polk County is $930, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Polk County is 94 compared to 100 in the US. This makes groceries more affordable for families and individuals living in the county. When it comes to local businesses, Polk County has a range of establishments from restaurants to retail stores. Notable local companies include Dollar General Store, First Tennessee Bank, Hardee's and Pizza Hut Express.
Polk County has an unemployment rate of 5.2%. The US average is 6.0%.
Polk County has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.
Tax Rates for Polk County
- The Sales Tax Rate for Polk County is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Polk 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 Polk County
- The average income of a Polk County resident is $28,838 a year. The US average is $37,638 a year.
- The Median household income of a Polk County resident is $49,446 a year. The US average is $69,021 a year.