37825 New Tazewell, TN is a beautiful town located in Claiborne County. It is a popular destination for people looking to move to an area that has a lower cost of living than the rest of the country. Many local businesses operate in the area including The General Store, Blain's Grocery, and Walker's Hardware & Supply Co. The two bedroom rent for this area is $900 which is much lower than the US average of $1,430. Additionally, groceries typically have a cost index of 94 versus 100 in the US, making it one of the most affordable places to live in Tennessee.
New Tazewell (zip 37825) has an unemployment rate of 5.8%. The US average is 6.0%.
New Tazewell (zip 37825) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for New Tazewell (zip 37825)
- The Sales Tax Rate for New Tazewell (zip 37825) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for New Tazewell (zip 37825) 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 New Tazewell (zip 37825)
- The average income of a New Tazewell (zip 37825) resident is $21,067 a year. The US average is $28,555 a year.
- The Median household income of a New Tazewell (zip 37825) resident is $46,911 a year. The US average is $69,021 a year.