Erwin, Tennessee is a great place to live, with a population of just over 7,000 people. It is located in Unicoi County and is close to the state capital of Nashville. The cost of living in Erwin is below the national average, making it an attractive option for families seeking an affordable place to live. The average two bedroom rent in Erwin is $740, which is significantly lower than the national average of $1,430 per month. Additionally, grocery costs are approximately 94 compared to 100 nationally. These low costs can be attributed to local businesses such as Food City and Dollar General that provide competitive pricing on daily necessities. Overall, living in Erwin provides a cost-efficient option for those looking for a small town feel close to the city.
Erwin (zip 37650) has an unemployment rate of 7.1%. The US average is 6.0%.
Erwin (zip 37650) 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 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Erwin (zip 37650)
- The Sales Tax Rate for Erwin (zip 37650) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Erwin (zip 37650) 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 Erwin (zip 37650)
- The average income of a Erwin (zip 37650) resident is $18,276 a year. The US average is $28,555 a year.
- The Median household income of a Erwin (zip 37650) resident is $48,795 a year. The US average is $69,021 a year.