Zip 37779 (Luttrell, TN) Economy


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37779 Luttrell, TN is a small community located in Blount County with a population of about 4,000 people. The average 2 bedroom rent in Luttrell is $910 which is significantly lower than the US average of $1,430. This makes living in Luttrell an attractive option to those looking for a more affordable lifestyle. Also, the grocery cost index in Luttrell is 93 compared to 100 on the national average making food cost slightly more affordable than other areas around the country.
If you're looking to move to 37779 Luttrell, TN there are several local companies you may want to consider for employment or services such as: Bales Grocery and Feed Store, Crossen’s Barbeque and Catering Service, Blakely's Auto Repair or even Donaldson Farms Dairy Products. All these local business offer great services and provide job opportunities for the community.
Overall, 37779 Luttrell has a low cost of living mainly due to its low rental rates compared with other places across the country and its relatively low grocery index score as well. These two affordability factors make it a great destination for those looking to live comfortably while spending less money on their everyday needs.

Luttrell (zip 37779) has an unemployment rate of 5.3%. The US average is 6.0%.

Luttrell (zip 37779) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.

Tax Rates for Luttrell (zip 37779)
- The Sales Tax Rate for Luttrell (zip 37779) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Luttrell (zip 37779) 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 Luttrell (zip 37779)
- The average income of a Luttrell (zip 37779) resident is $20,195 a year. The US average is $28,555 a year.
- The Median household income of a Luttrell (zip 37779) resident is $45,381 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLuttrell, TennesseeUnited States
  5.36
  -4.1%-6.2%
  35.5%33.5%
  9.3%6.2%
  0.0%4.6%
  $29,211$37,638
  $45,381$69,021
  $47,875$85,028
  Population by Occupation
  0.0%1.2%
  0.6%0.5%
  21.0%6.8%
  12.9%10.0%
  1.8%2.5%
  12.6%11.0%
  5.1%4.8%
  0.0%0.8%
  0.0%1.9%
  3.9%4.7%
  2.3%1.9%
  1.2%7.6%
  0.0%0.1%
  1.1%4.2%
  10.0%9.3%
  10.8%14.0%
  0.8%2.1%
  8.7%7.0%
  3.5%4.8%
  3.6%4.7%
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