Altamont, TN (37301) is a small town located in Dunn County with an estimated population of 1,350 people. It offers affordable living with 2 bedroom rent averaging $720 compared to the US average of $1,430. Grocery costs in Altamont are also lower than the national average with a grocery cost index of 93 versus 100 in the US. It is a great place for those wanting to save money on daily expenses without sacrificing services and amenities. Locals can find all their everyday needs at businesses such as H&G Foods Grocery Store, Don’s Market & Deli, and The White Horse Inn Bar & Grill. Other shops to explore include My Sister's Closet Boutique and Steensons Discount Store for furniture and appliances. Altamont is an ideal location for those who want to save money on living expenses while still having access to necessary goods and services in town.
Altamont (zip 37301) has an unemployment rate of 6.6%. The US average is 6.0%.
Altamont (zip 37301) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Altamont (zip 37301)
- The Sales Tax Rate for Altamont (zip 37301) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Altamont (zip 37301) 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 Altamont (zip 37301)
- The average income of a Altamont (zip 37301) resident is $24,803 a year. The US average is $37,638 a year.
- The Median household income of a Altamont (zip 37301) resident is $35,385 a year. The US average is $69,021 a year.