Beersheba Springs, Tennessee (37305) is an idyllic small town nestled in the foothills of the Appalachian Mountains. The population is just over 400 people and it's a great place to call home with its quaint countryside charm and affordability. The average two-bedroom rent is $750 compared to $1,430 nationwide, making it an attractive choice for budget-minded individuals looking for a peaceful retreat. Grocery cost index in Beersheba Springs is 91 versus 100 in the US. There are several local companies in the area including Beersheba Gas & Grill, K&K Hardware store, Brookstone Inn Bed & Breakfast and Donahue's Country Store. These businesses provide employment for many of residents and contribute to the unique character of this small town nestled between mountains and rivers.
Beersheba Springs (zip 37305) has an unemployment rate of 6.6%. The US average is 6.0%.
Beersheba Springs (zip 37305) 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 Beersheba Springs (zip 37305)
- The Sales Tax Rate for Beersheba Springs (zip 37305) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Beersheba Springs (zip 37305) 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 Beersheba Springs (zip 37305)
- The average income of a Beersheba Springs (zip 37305) resident is $20,815 a year. The US average is $37,638 a year.
- The Median household income of a Beersheba Springs (zip 37305) resident is $60,938 a year. The US average is $69,021 a year.