38471 Lutts, TN is a small town located in Wayne County. It has a population of around 2,370 people as per the 2020 census. The median household income is around $31,417 and the median rent for a two-bedroom property stands at around $760. There are several local businesses in 38471 Lutts, TN such as Lucky's Country Store, Linda's Little Country Cafe and Dairy Queen as well as several other shops offering everyday necessities. The cost of groceries in 38471 Lutts, TN based on an index score of 94 is lower than the national average index score of 100.
Lutts (zip 38471) has an unemployment rate of 5.5%. The US average is 6.0%.
Lutts (zip 38471) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.
Tax Rates for Lutts (zip 38471)
- The Sales Tax Rate for Lutts (zip 38471) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Lutts (zip 38471) 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 Lutts (zip 38471)
- The average income of a Lutts (zip 38471) resident is $19,432 a year. The US average is $37,638 a year.
- The Median household income of a Lutts (zip 38471) resident is $42,125 a year. The US average is $69,021 a year.