Chattanooga, TN (zip code 37415) is a great place to live for those looking to save some money. The average 2 bedroom rent in Chattanooga is $1,250 compared to the US average of $1,430. Additionally, grocery costs are also lower in Chattanooga with an index of 98 compared to 100 in the US. There are plenty of job opportunities in the local area as well with large employers such as Volkswagen Chattanooga and Erlanger Health System offering employment. With more affordable costs than the national average coupled with ample job opportunities, Chattanooga is a great city for someone looking for a place to call home.
Chattanooga (zip 37415) has an unemployment rate of 5.6%. The US average is 6.0%.
Chattanooga (zip 37415) 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 37415)
- The Sales Tax Rate for Chattanooga (zip 37415) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Chattanooga (zip 37415) 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 37415)
- The average income of a Chattanooga (zip 37415) resident is $29,489 a year. The US average is $28,555 a year.
- The Median household income of a Chattanooga (zip 37415) resident is $59,124 a year. The US average is $69,021 a year.