Chattanooga, TN, (zip code 37351) is an affordable city to live in with the two bedroom rent costing $1,460 compared to the two bedroom rent in the US at $1,430. The grocery cost index is also even with the US at 100. It is a great place to work as well; top local companies located in Chattanooga include Unum Group, Cigna Corporation, Komatsu America Corp., and Astec Industries Inc., all of which are major employers in this area. With its low cost of living and multitude of job opportunities, it's no surprise that Chattanooga has become a hot spot for business and leisure alike.
Chattanooga (zip 37351) has an unemployment rate of 5.6%. The US average is 6.0%.
Chattanooga (zip 37351) has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 44.5%, which is higher than the US average of 33.5%.
Tax Rates for Chattanooga (zip 37351)
- The Sales Tax Rate for Chattanooga (zip 37351) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Chattanooga (zip 37351) 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 Chattanooga (zip 37351)
- The average income of a Chattanooga (zip 37351) resident is $18,876 a year. The US average is $28,555 a year.
- The Median household income of a Chattanooga (zip 37351) resident is $33,929 a year. The US average is $69,021 a year.