Gadsden, TN (zip code 38337) is a small town located in Lincoln County. It is home to several local businesses such as B&R Supply, The Market at Gadsden, Gadsden Hardware, and others. The average 2 bedroom rental cost in Gadsden is $870 which is 35% lower than the average rental cost of $1,430 in the United States. Grocery costs in Gadsden are also lower than the US due to a grocery cost index of 91 versus 100 nationwide. All these factors make Gadsden a desirable destination for those looking for affordable living options.
Gadsden (zip 38337) has an unemployment rate of 5.0%. The US average is 6.0%.
Gadsden (zip 38337) 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 37.0%, which is higher than the US average of 33.5%.
Tax Rates for Gadsden (zip 38337)
- The Sales Tax Rate for Gadsden (zip 38337) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Gadsden (zip 38337) 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 Gadsden (zip 38337)
- The average income of a Gadsden (zip 38337) resident is $28,065 a year. The US average is $37,638 a year.
- The Median household income of a Gadsden (zip 38337) resident is $52,105 a year. The US average is $69,021 a year.