Putnam County in Tennessee is a great place to live for people who are looking for an affordable lifestyle. The average cost of renting a two bedroom apartment in Putnam County is $840, much lower than the US average of $1,430 - making it an attractive option for those on a budget. The Grocery Cost Index in Putnam County is also 96, compared to 100 in the US as a whole.
The county also boasts numerous local businesses and attractions. Popular attractions include Burgess Falls State Park, Indian Creek Recreation Area and Edgar Evins State Park. Shopping opportunities abound with plenty of small businesses such as Crossville Farm & Garden Supply, Countryside Flea Market & Consignment, and Jiffy Mart Food Stores. There are also several popular restaurants in the area like Sam’s Pizzeria and Grill, The Hut Burger Stop and El Paraiso Mexican Restaurant.
Putnam County has an unemployment rate of 4.9%. The US average is 6.0%.
Putnam County has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 43.3%, which is higher than the US average of 33.5%.
Tax Rates for Putnam County
- The Sales Tax Rate for Putnam County is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Putnam 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 Putnam County
- The average income of a Putnam County resident is $26,602 a year. The US average is $37,638 a year.
- The Median household income of a Putnam County resident is $49,228 a year. The US average is $69,021 a year.