Zip 37719 (Coalfield, TN) Economy


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Coalfield, TN (Zip Code 37719) is a small rural community located in Anderson County. The median rent for a 2 bedroom apartment is $850, which is much lower than the national average of $1430. The Grocery Cost Index in Coalfield is 94 compared to 100 in the US. Local companies include Big South Fork Lodge, Appalachia Contracting Corp., Walter State Construction, and McBee Associates Inc. These companies offer jobs to the locals and help to support the local economy. Additionally, there are many farms and agricultural businesses in Coalfield that contribute to the community's economic well-being.

Coalfield (zip 37719) has an unemployment rate of 5.8%. The US average is 6.0%.

Coalfield (zip 37719) has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 34.9%, which is higher than the US average of 33.5%.

Tax Rates for Coalfield (zip 37719)
- The Sales Tax Rate for Coalfield (zip 37719) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Coalfield (zip 37719) 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 Coalfield (zip 37719)
- The average income of a Coalfield (zip 37719) resident is $17,845 a year. The US average is $37,638 a year.
- The Median household income of a Coalfield (zip 37719) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCoalfield, TennesseeUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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