Cumberland City, TN (zip code 37050) is a great place to live with an affordable 2 bedroom rent of $880. It also has an excellent Grocery Cost Index, which compares favorably with the US average of 100, at 93. The area offers plenty of local amenities and businesses that are sure to please any resident. For groceries there's Budget Market and Smith’s Grocery; for retail shopping, Dixie Outlet Mall is a favorite destination; and recreational activities such as fishing and camping can be found at Cumberland Mountain State Park. Whatever your needs or interests may be, Cumberland City has something to offer!
Cumberland City (zip 37050) has an unemployment rate of 5.6%. The US average is 6.0%.
Cumberland City (zip 37050) has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Cumberland City (zip 37050)
- The Sales Tax Rate for Cumberland City (zip 37050) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Cumberland City (zip 37050) 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 Cumberland City (zip 37050)
- The average income of a Cumberland City (zip 37050) resident is $21,638 a year. The US average is $37,638 a year.
- The Median household income of a Cumberland City (zip 37050) resident is $47,448 a year. The US average is $69,021 a year.