Cookeville, TN Metro Area is an affordable place to live with a 2 Bedroom Rent of only $820 versus $1,430 in the US. There is also a low Grocery Cost Index in Cookeville of 94 compared to 100 in the US. This makes Cookeville an attractive destination for those looking for a lower cost of living. Local companies including Whirlpool Corporation, Agero, and Pruett Air Services employ many in the area and help contribute to the local economy. With its laid-back atmosphere and reasonable prices, Cookeville is a great place to call home.
Cookeville Metro Area has an unemployment rate of 5.1%. The US average is 6.0%.
Cookeville Metro Area has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 43.1%, which is higher than the US average of 33.5%.
Tax Rates for Cookeville Metro Area
- The Sales Tax Rate for Cookeville Metro Area is 9.7%. The US average is 7.3%.
- The Income Tax Rate for Cookeville Metro Area 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 Cookeville Metro Area
- The average income of a Cookeville Metro Area resident is $25,850 a year. The US average is $37,638 a year.
- The Median household income of a Cookeville Metro Area resident is $46,922 a year. The US average is $69,021 a year.