Zip 37774 (Loudon, TN) Economy


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Loudon, Tennessee (37774) is a charming small town located near the Tennessee River. The area has a population of around 6,000 people and offers an abundance of natural beauty and outdoor activities. The median 2 bedroom rent in Loudon is $1,040 which is significantly cheaper than the US average of $1,430. Additionally, grocery prices in Loudon are slightly lower than the US national average according to a Grocery Cost Index score of 101 compared to 100 for the US.
Loudon has many businesses for both locals and visitors alike. Popular attractions include Tellico Motorcycle Adventures, a guided bike tour company offering mountain passes and lake views; Smoky Mountain Outfitters, an outdoor supply store with everything from camping gear to fishing supplies; and Wildwood Manor B&B, a cozy bed & breakfast perfect for romantic getaways or family road trips.

Loudon (zip 37774) has an unemployment rate of 4.6%. The US average is 6.0%.

Loudon (zip 37774) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.

Tax Rates for Loudon (zip 37774)
- The Sales Tax Rate for Loudon (zip 37774) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Loudon (zip 37774) 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 Loudon (zip 37774)
- The average income of a Loudon (zip 37774) resident is $28,975 a year. The US average is $28,555 a year.
- The Median household income of a Loudon (zip 37774) resident is $71,241 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLoudon, TennesseeUnited States
  4.66
  -4.1%-6.2%
  37.4%33.5%
  9.0%6.2%
  0.0%4.6%
  $39,041$37,638
  $71,241$69,021
  $86,781$85,028
  Population by Occupation
  2.6%1.2%
  0.0%0.5%
  7.4%6.8%
  19.8%10.0%
  1.0%2.5%
  13.4%11.0%
  6.9%4.8%
  1.7%0.8%
  0.1%1.9%
  1.8%4.7%
  1.5%1.9%
  4.4%7.6%
  0.1%0.1%
  3.9%4.2%
  7.1%9.3%
  11.7%14.0%
  1.0%2.1%
  4.4%7.0%
  4.6%4.8%
  6.7%4.7%
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