Chattanooga, TN, is a great city to live in with its population of 37408. It has an affordable 2 bedroom rent at $1,130 per month and a grocery cost index of 102 versus 100 in the US. Not only that, but it offers plenty of lucrative employment opportunities for its residents. Major local companies include Alstom Schweitzer Engineering Laboratories, McKee Foods Corporation, Amazon Fulfillment Center, Rock City Gardens and Volkswagen Group of America. The city also boasts an abundance of outdoor activities with access to the nearby Appalachian Mountains and Tennessee River. With its rich culture and scenic views, Chattanooga is sure to be an ideal place for anyone looking for a good quality life.
Chattanooga (zip 37408) has an unemployment rate of 5.6%. The US average is 6.0%.
Chattanooga (zip 37408) has seen the job market decrease by -5.5% 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 37408)
- The Sales Tax Rate for Chattanooga (zip 37408) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Chattanooga (zip 37408) 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 37408)
- The average income of a Chattanooga (zip 37408) resident is $67,177 a year. The US average is $37,638 a year.
- The Median household income of a Chattanooga (zip 37408) resident is $63,846 a year. The US average is $69,021 a year.