Belvidere, TN is an attractive place to live due to its low rental costs. The average two bedroom rent in the area is only $780 per month compared to the US average of $1,430. There are a number of local businesses that offer products and services for residents of Belvidere and the surrounding areas. For example, there are several grocery stores that have a Grocery Cost Index of 94 versus 100 in the US. This makes it easier to shop on a budget. In addition, there are medical practices, banks, hair salons, auto repair shops and other services available in Belvidere to meet the needs of its residents. Whether you're looking for low-cost living or convenient access to services and amenities Belvidere TN is worth considering as your next home.
Belvidere (zip 37306) has an unemployment rate of 4.6%. The US average is 6.0%.
Belvidere (zip 37306) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.
Tax Rates for Belvidere (zip 37306)
- The Sales Tax Rate for Belvidere (zip 37306) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Belvidere (zip 37306) 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 Belvidere (zip 37306)
- The average income of a Belvidere (zip 37306) resident is $27,120 a year. The US average is $37,638 a year.
- The Median household income of a Belvidere (zip 37306) resident is $56,286 a year. The US average is $69,021 a year.