Cookeville, TN (38501) is a city located in Putnam County famous for its many local companies such as O'Reilly Auto Parts, Cookeville Regional Medical Center, Tennessee Tech University and many more. The local cost of living is quite low compared to the national average: 2 Bedroom rent in Cookeville costs $860 whilst the US 2 Bedroom rent average sits at $1,430 and the Grocery Cost Index in Cookeville is 96 versus 100 nationally. In addition to affordable housing costs and groceries, there are also plenty of job opportunities in Cookeville. With a population of over 32,000 residents, this bustling city offers plenty of cultural attractions and entertainment options for people looking for a great place to call home.
Cookeville (zip 38501) has an unemployment rate of 5.4%. The US average is 6.0%.
Cookeville (zip 38501) 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 42.3%, which is higher than the US average of 33.5%.
Tax Rates for Cookeville (zip 38501)
- The Sales Tax Rate for Cookeville (zip 38501) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Cookeville (zip 38501) 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 Cookeville (zip 38501)
- The average income of a Cookeville (zip 38501) resident is $18,459 a year. The US average is $28,555 a year.
- The Median household income of a Cookeville (zip 38501) resident is $44,801 a year. The US average is $69,021 a year.