38553 Clarkrange, TN is an idyllic small town situated in Fentress County. It has a population of 873 people according to the latest census data. The city offers a low cost of living, with 2 bedroom rent priced at only $740 compared to the US average of $1,430. Additionally, groceries are far more affordable with a grocery cost index of 94 versus the US average of 100. This makes 38553 Clarkrange a great option for those looking for a small-town atmosphere without sacrificing affordability. There are plenty of local companies that contribute to this rural area's economy including Bruce Farms Inc., Dr Graham Grocery & Meats and Clouse's Custom Cabinets & Woodworking LLC. All in all, 38553 Clarkrange is an ideal spot for those who prefer living in a close-knit community while enjoying great value for their money.
Clarkrange (zip 38553) has an unemployment rate of 5.3%. The US average is 6.0%.
Clarkrange (zip 38553) has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 33.6%, which is higher than the US average of 33.5%.
Tax Rates for Clarkrange (zip 38553)
- The Sales Tax Rate for Clarkrange (zip 38553) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Clarkrange (zip 38553) 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 Clarkrange (zip 38553)
- The average income of a Clarkrange (zip 38553) resident is $23,886 a year. The US average is $37,638 a year.
- The Median household income of a Clarkrange (zip 38553) resident is $48,528 a year. The US average is $69,021 a year.