Cleveland, TN (37311) is a wonderful place to live with a relatively low cost of living. The average 2 bedroom rent in Cleveland is $960, which is significantly lower than the national average, which sits at $1,430. Additionally, the grocery cost index in Cleveland is 95 compared to 100 in the US. This means groceries are 5% more affordable in Cleveland than elsewhere. Making it even easier to support oneself living in this city are local companies such as Food City and Walmart Supercenter that offer great prices on goods and services, allowing residents to save even more money on their daily purchases.
Cleveland (zip 37311) has an unemployment rate of 5.6%. The US average is 6.0%.
Cleveland (zip 37311) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.
Tax Rates for Cleveland (zip 37311)
- The Sales Tax Rate for Cleveland (zip 37311) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Cleveland (zip 37311) 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 Cleveland (zip 37311)
- The average income of a Cleveland (zip 37311) resident is $17,458 a year. The US average is $28,555 a year.
- The Median household income of a Cleveland (zip 37311) resident is $42,129 a year. The US average is $69,021 a year.