Farragut, TN is a great place to live with its two bedroom rental rate of $1,720 per month. It also has a grocery cost index of 104 compared to the US which is 100. This makes Farragut an attractive place for people who want to save money on groceries. Local stores such as Kroger, Publix and Walmart are popular places for residents to shop for food and other goods. These stores offer convenience and competitive prices that make them a favorite among locals. In addition, Farragut has many local restaurants that serve delicious food at affordable prices. Locals enjoy shopping at these establishments because they offer unique flavors as well as friendly service that can be hard to find in big chain stores.
Farragut (zip 37934) has an unemployment rate of 4.1%. The US average is 6.0%.
Farragut (zip 37934) 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 39.0%, which is higher than the US average of 33.5%.
Tax Rates for Farragut (zip 37934)
- The Sales Tax Rate for Farragut (zip 37934) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Farragut (zip 37934) 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 Farragut (zip 37934)
- The average income of a Farragut (zip 37934) resident is $43,283 a year. The US average is $28,555 a year.
- The Median household income of a Farragut (zip 37934) resident is $109,727 a year. The US average is $69,021 a year.