Etowah, Tennessee (37331) is a great place for those looking for an affordable life. The median 2 bedroom rent in Etowah is $770 compared to the US median of $1,430. Groceries are also cheaper in Etowah with a Grocery Cost Index of 94 versus 100 in the US.
Etowah has a thriving local economy thanks to its numerous businesses and industries. Some of the local companies include: Etowah Water Authority, G&R Automotive Service Center, Big Creek Outfitters, and Smith Valley Forge. These businesses provide residents with job opportunities and keep Etowah’s economy growing strong. The local job market is diverse and offers a wide range of positions from factory workers to office administrators. With its low cost of living and thriving economy, Etowah is an ideal place to live or work for those looking for an affordable life.
Etowah (zip 37331) has an unemployment rate of 5.3%. The US average is 6.0%.
Etowah (zip 37331) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Etowah (zip 37331)
- The Sales Tax Rate for Etowah (zip 37331) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Etowah (zip 37331) 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 Etowah (zip 37331)
- The average income of a Etowah (zip 37331) resident is $29,454 a year. The US average is $37,638 a year.
- The Median household income of a Etowah (zip 37331) resident is $52,522 a year. The US average is $69,021 a year.