Cumberland Furnace, Tennessee is a small town located in Stewart County. It has a population of 37051 and is considered to be an ideal place for those looking for affordable living. The two bedroom rent in Cumberland Furnace costs $1,130 while the US average costs $1,430. In terms of groceries, the cost index in CumberlandFurnace is 96 versus 100in the US.
The town is home to a few local companies including TEC Logistics, Diversified Manufacturing Inc., and Shell Point Golf Course that provide jobs to many residents. TEC Logistics specializes in transportation, distribution and warehousing while Diversified Manufacturing focuses on custom-engineered solutions. Finally, Shell Point Golf Course offers an 18 hole championship golf course perfect for those looking to enjoy some outdoor activities.
Cumberland Furnace (zip 37051) has an unemployment rate of 4.3%. The US average is 6.0%.
Cumberland Furnace (zip 37051) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 48.7%, which is higher than the US average of 33.5%.
Tax Rates for Cumberland Furnace (zip 37051)
- The Sales Tax Rate for Cumberland Furnace (zip 37051) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Cumberland Furnace (zip 37051) 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 Cumberland Furnace (zip 37051)
- The average income of a Cumberland Furnace (zip 37051) resident is $20,094 a year. The US average is $28,555 a year.
- The Median household income of a Cumberland Furnace (zip 37051) resident is $56,399 a year. The US average is $69,021 a year.