Fall Branch, TN is a small town located in Washington County. With a population of just over 3,000 people, it is an idyllic and peaceful place to live. The average cost of rent for a two bedroom home is around $790 per month, which is significantly lower than the US average at $1,430. This makes it an ideal choice for those looking for an affordable place to live. Not only are housing costs low in Fall Branch but groceries also come at a discounted rate with the Grocery Cost Index being 95 as opposed to 100 in the US.
The town of Fall Branch has several locally-owned businesses such as Blackberry Creek Park where visitors can enjoy fishing and picnicking throughout the year. Other local stores include B&B Country Store, D&D Convenience Store and Fall Branch Grocery Market – giving locals plenty of options for their food and shopping needs. For recreation there is also Colboch Harley-Davidson offering motorcycle enthusiasts a variety of services from parts to custom builds.
Fall Branch (zip 37656) has an unemployment rate of 4.6%. The US average is 6.0%.
Fall Branch (zip 37656) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Fall Branch (zip 37656)
- The Sales Tax Rate for Fall Branch (zip 37656) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Fall Branch (zip 37656) 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 Fall Branch (zip 37656)
- The average income of a Fall Branch (zip 37656) resident is $23,654 a year. The US average is $28,555 a year.
- The Median household income of a Fall Branch (zip 37656) resident is $52,353 a year. The US average is $69,021 a year.