Zip 37410 (Chattanooga, TN) Economy


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Chattanooga, TN 37410 is a great place to call home. The average 2 bedroom rent is only $880, which is significantly lower than the national average of $1,430. Groceries also cost less in Chattanooga as well since it has a grocery cost index of 93 compared to the US average of 100.
The city of Chattanooga has many local companies and resources that make it an attractive place to live. Locals can find employment at some of the biggest employers such as Amazon, BlueCross BlueShield, Erlanger Health Systems, Unum, Volkswagen AG Chattanooga Assembly Plant and CBL Properties. There are also many smaller businesses offering unique goods and services such as Logan’s Roadhouse Barbeque Restaurant, The Beer Haus Craft Brewery & Taproom, Clumpies Ice Cream Company and Hill City Pizza Co.
Chattanooga also offers many recreational opportunities with its popular Tennessee Riverwalk path system that connects Downtown Chattanooga to other areas like St Elmo and Lookout Mountain Park. There are also plenty of museums to explore including the Hunter Museum of American Art and the Creative Discovery Museum for families to enjoy together. For those looking for more outdoor activities there are several state parks located nearby with plenty of hiking trails and picnic spots.

Chattanooga (zip 37410) has an unemployment rate of 5.6%. The US average is 6.0%.

Chattanooga (zip 37410) 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 37410)
- The Sales Tax Rate for Chattanooga (zip 37410) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Chattanooga (zip 37410) 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 37410)
- The average income of a Chattanooga (zip 37410) resident is $8,393 a year. The US average is $28,555 a year.
- The Median household income of a Chattanooga (zip 37410) resident is $23,088 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChattanooga, TennesseeUnited States
  5.66
  -5.5%-6.2%
  44.5%33.5%
  9.3%6.2%
  0.0%4.6%
  $17,363$37,638
  $23,088$69,021
  $27,344$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  11.6%6.8%
  15.2%10.0%
  0.0%2.5%
  15.2%11.0%
  2.8%4.8%
  0.0%0.8%
  0.7%1.9%
  0.6%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  8.2%4.2%
  4.6%9.3%
  8.6%14.0%
  1.4%2.1%
  24.4%7.0%
  4.0%4.8%
  2.6%4.7%
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