Zip 37708 (Bean Station, TN) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Bean Station, TN (zip code 37708) is a small city of approximately 2,500 people located in Grainger County. The average rent for a 2 bedroom apartment here is $750 which is significantly lower than the US average rent of $1,430. Living expenses are also lower as compared to the national average as the Grocery Cost Index in Bean Station is 95 versus 100 in the US. Those looking to live and work in Bean Station have plenty of options for employment. Local companies offering jobs include Wal-Mart, Dollar General, Bush Brothers & Company, White Cap Industries and North American Pallet Services Inc.

Bean Station (zip 37708) has an unemployment rate of 5.6%. The US average is 6.0%.

Bean Station (zip 37708) 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 37.5%, which is higher than the US average of 33.5%.

Tax Rates for Bean Station (zip 37708)
- The Sales Tax Rate for Bean Station (zip 37708) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Bean Station (zip 37708) 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 Bean Station (zip 37708)
- The average income of a Bean Station (zip 37708) resident is $24,636 a year. The US average is $37,638 a year.
- The Median household income of a Bean Station (zip 37708) resident is $43,240 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBean Station, TennesseeUnited States
  5.66
  -4.1%-6.2%
  37.5%33.5%
  9.8%6.2%
  0.0%4.6%
  $24,636$37,638
  $43,240$69,021
  $54,205$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  8.2%6.8%
  14.7%10.0%
  0.6%2.5%
  13.5%11.0%
  7.8%4.8%
  1.8%0.8%
  0.0%1.9%
  2.6%4.7%
  2.7%1.9%
  2.5%7.6%
  0.0%0.1%
  2.5%4.2%
  5.9%9.3%
  17.8%14.0%
  0.0%2.1%
  4.9%7.0%
  5.3%4.8%
  8.3%4.7%
Health