Alcoa, Tennessee (37705) is a small city located in Blount County with an estimated population of 8,000 people. The city is a great place to live for those who are looking for affordable housing options, as the average two bedroom rent costs $1,100 - well below the national average of $1,430. Aside from its affordability, Alcoa also boasts one of the lowes grocery cost indexes in the US at 96 compared to a national average of 100.
In terms of local businesses, Alcoa has several popular companies including Airborne Systems Inc., Alcoa Inc., and Denso Manufacturing Tennessee Inc.. Additionally there are plenty of recreational activities available such as hiking, fishing and camping at nearby parks like Little River Park & Marina or Bandy Creek Campground & Recreational Area. All in all, Alcoa is a great place to live due to its low cost of living and abundance of local attractions.
Alcoa (zip 37701) has an unemployment rate of 4.7%. The US average is 6.0%.
Alcoa (zip 37701) 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 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Alcoa (zip 37701)
- The Sales Tax Rate for Alcoa (zip 37701) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Alcoa (zip 37701) 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 Alcoa (zip 37701)
- The average income of a Alcoa (zip 37701) resident is $20,690 a year. The US average is $28,555 a year.
- The Median household income of a Alcoa (zip 37701) resident is $55,962 a year. The US average is $69,021 a year.