38488 Taft, TN is a small town located in the foothills of the Appalachian Mountains. The area is known for its natural beauty, with plenty of opportunities for outdoor recreation and exploring nature. The cost of living in 38488 Taft, TN is quite affordable; 2 bedroom rent is $650, which is much lower than the US average of $1,430. Additionally, grocery costs are also more reasonable than the rest of the country with an index score of 94 compared to 100 in the US. Businesses within this charming little town include Taft Country Store, Chick-fil-A restaurant and retail store D&D Grocery & Supply Co., all providing local residents with daily necessities and entertainment.
Taft (zip 38488) has an unemployment rate of 5.1%. The US average is 6.0%.
Taft (zip 38488) 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 46.4%, which is higher than the US average of 33.5%.
Tax Rates for Taft (zip 38488)
- The Sales Tax Rate for Taft (zip 38488) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Taft (zip 38488) 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 Taft (zip 38488)
- The average income of a Taft (zip 38488) resident is $21,871 a year. The US average is $28,555 a year.
- The Median household income of a Taft (zip 38488) resident is $70,167 a year. The US average is $69,021 a year.