Newbern, TN is a small city located in Dyer County with an estimated population of 38059. The 2 bedroom rent in the area is $810, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Newbern is 93 compared to 100 for the US as a whole.
Newbern has several local companies that provide goods and services to its residents. Local businesses such as Sam's Country Store, Newbern Motors, and Newbern Ace Hardware are popular shopping stops for locals and visitors alike. Other businesses include banks like First Citizens National Bank, restaurants such as Luigi's Pizzeria & Deli, and other stores like Southern Belle Boutique. With these businesses providing essential needs to the community, Newbern remains an attractive place to live for both locals and visitors.
Newbern (zip 38059) has an unemployment rate of 5.8%. The US average is 6.0%.
Newbern (zip 38059) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Newbern (zip 38059)
- The Sales Tax Rate for Newbern (zip 38059) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Newbern (zip 38059) 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 Newbern (zip 38059)
- The average income of a Newbern (zip 38059) resident is $21,713 a year. The US average is $28,555 a year.
- The Median household income of a Newbern (zip 38059) resident is $51,159 a year. The US average is $69,021 a year.