Chattanooga, TN with zip code 37403 has an average two bedroom rent of $1,240 which is lower than the US average of $1,430. Additionally, it has a Grocery Cost Index of 102 which is higher than the US average of 100. Chattanooga is home to many big and small companies such as Volkswagen Group of America Chattanooga Operations LLC, Echlin Inc., BlueCross BlueShield of Tennessee Health Plan Inc., McKee Foods Corporation and US Xpress Enterprises Inc.
Chattanooga (zip 37403) has an unemployment rate of 5.6%. The US average is 6.0%.
Chattanooga (zip 37403) has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 44.5%, which is higher than the US average of 33.5%.
Tax Rates for Chattanooga (zip 37403)
- The Sales Tax Rate for Chattanooga (zip 37403) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Chattanooga (zip 37403) 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 Chattanooga (zip 37403)
- The average income of a Chattanooga (zip 37403) resident is $13,099 a year. The US average is $28,555 a year.
- The Median household income of a Chattanooga (zip 37403) resident is $54,358 a year. The US average is $69,021 a year.