Calhoun, TN (37309) is a small town located in Bradley County. Given the content above, it is clear that rent for a two-bedroom apartment in this area is quite affordable at only $1,040 per month. This makes Calhoun a great place to live for those looking for a lower cost of living. Additionally, the Grocery Cost Index in Calhoun is 94 compared to the national average of 100. This could be an indication that food also costs comparatively less here.
Some local companies that offer employment opportunities in the area include McKee Foods Corporation, Habanero Mexican Grill & Cantina, Mars Hill Farm Store and Ironhorse Hauling Services LLC. The median salary in Calhoun is around $34,800 which means that while salaries are relatively lower compared to other areas, they are still competitive with the cost of living.
Calhoun (zip 37309) has an unemployment rate of 5.3%. The US average is 6.0%.
Calhoun (zip 37309) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Calhoun (zip 37309)
- The Sales Tax Rate for Calhoun (zip 37309) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Calhoun (zip 37309) 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 Calhoun (zip 37309)
- The average income of a Calhoun (zip 37309) resident is $26,428 a year. The US average is $28,555 a year.
- The Median household income of a Calhoun (zip 37309) resident is $48,719 a year. The US average is $69,021 a year.