Zip 37306 (Belvidere, TN) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
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.

Income by Population Percent

  EconomyBelvidere, TennesseeUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.