38221 Big Sandy, TN is a wonderful place to call home. It is a small town with a population of just over 1,200 people. The cost of living here is relatively low and the two bedroom rent in the area is $920 per month. This is considerably lower than the US average of $1,430 per month for a two bedroom rental. Additionally, the grocery cost index in this area is 92, which is 8% lower than the national average of 100. Local businesses in 38221 Big Sandy include Big Sandy Pharmacy and Medical Supplies, Big Sandy Hardware & Supply Inc., and J&M Country Store LLC. These local establishments provide residents with various goods and services such as medical supplies, hardware supplies, and grocery items respectively.
Big Sandy (zip 38221) has an unemployment rate of 6.3%. The US average is 6.0%.
Big Sandy (zip 38221) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Big Sandy (zip 38221)
- The Sales Tax Rate for Big Sandy (zip 38221) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Big Sandy (zip 38221) 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 Big Sandy (zip 38221)
- The average income of a Big Sandy (zip 38221) resident is $17,350 a year. The US average is $28,555 a year.
- The Median household income of a Big Sandy (zip 38221) resident is $44,798 a year. The US average is $69,021 a year.