37771 Lenoir City, TN is a thriving city in East Tennessee. The two bedroom rent in Lenoir City is around $1,090 which is much lower than the national average of $1,430. The grocery cost index for Lenoir City is 96 compared to the US average of 100. This makes Lenoir City an attractive place to live due to its low cost of living. Local businesses that are based in Lenoir city include McCloud's Gourmet Grill, Riverwalk Coffee Company, and Fox Brothers Bar-B-Q. These businesses provide great food for the people who live in this area at an affordable price. With its low cost of living and local businesses, Lenoir City is a great place to live.
Lenoir City (zip 37771) has an unemployment rate of 4.6%. The US average is 6.0%.
Lenoir City (zip 37771) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.
Tax Rates for Lenoir City (zip 37771)
- The Sales Tax Rate for Lenoir City (zip 37771) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Lenoir City (zip 37771) 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 Lenoir City (zip 37771)
- The average income of a Lenoir City (zip 37771) resident is $20,674 a year. The US average is $28,555 a year.
- The Median household income of a Lenoir City (zip 37771) resident is $49,101 a year. The US average is $69,021 a year.