Lynchburg, TN is a small town located in the state of Tennessee with a population of 37352. It is known for its beautiful scenery, great local businesses and affordable costs. The average 2 bedroom rent in Lynchburg is $780 compared to the US average of $1,430, making it a much more attractive option for renters. For grocery costs, Lynchburg has an index of 99 compared to 100 being the US average making groceries slightly cheaper than average. Local businesses include Brown's Grocery & Market, Crossroads Country Store & Deli and Stewart Bar-B-Q which are all popular spots amongst residents. Lynchburg is an ideal location for those looking for an affordable place to live with plenty of business options in the area.
Lynchburg (zip 37352) has an unemployment rate of 3.6%. The US average is 6.0%.
Lynchburg (zip 37352) has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 43.6%, which is higher than the US average of 33.5%.
Tax Rates for Lynchburg (zip 37352)
- The Sales Tax Rate for Lynchburg (zip 37352) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Lynchburg (zip 37352) 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 Lynchburg (zip 37352)
- The average income of a Lynchburg (zip 37352) resident is $29,715 a year. The US average is $37,638 a year.
- The Median household income of a Lynchburg (zip 37352) resident is $63,506 a year. The US average is $69,021 a year.