The small town of Coalmont, TN (zip code 37313) is a great place to live. It offers many opportunities for businesses, making it the perfect place to start or relocate. Some of the local companies include Coalmont Oil, Middle Tennessee Logging, and Valley View Transport. The cost of living in Coalmont is quite affordable compared to other places in the US. For instance, the average 2 bedroom rent in this zip code area is $870 per month versus the US average which is $1,430 per month. Additionally, the Grocery Cost Index in Coalmont is 94 versus 100 in the US. This means that residents can enjoy lower prices when shopping for groceries in this area as compared to elsewhere.
Coalmont (zip 37313) has an unemployment rate of 6.6%. The US average is 6.0%.
Coalmont (zip 37313) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Coalmont (zip 37313)
- The Sales Tax Rate for Coalmont (zip 37313) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Coalmont (zip 37313) 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 Coalmont (zip 37313)
- The average income of a Coalmont (zip 37313) resident is $17,458 a year. The US average is $28,555 a year.
- The Median household income of a Coalmont (zip 37313) resident is $36,299 a year. The US average is $69,021 a year.