Madisonville, TN is located in the Appalachian region of Tennessee. This city is home to approximately 8,500 people and offers a charming downtown area with boutique shops and restaurants. Rent for a two-bedroom apartment is relatively low at $770 a month, making it a more affordable option than the US average of $1,430. The grocery cost index for Madisonville is 96 compared to the national average of 100, making groceries cheaper than many other cities.
When it comes to business, Madisonville has multiple options for shopping and dining. Popular businesses include Long John Silver's Seafood Restaurant, Wendy's fast food restaurant, Anson's Italian Eatery & Bar, KFC/Taco Bell fast food restaurant and Super Dollar Variety Store. There are also several smaller stores within walking distance from the downtown area. Residents can visit places such as Sweet Pea’s Boutique for apparel needs or Jumpin Jax Toys & Games for kids entertainment.
Madisonville (zip 37354) has an unemployment rate of 5.1%. The US average is 6.0%.
Madisonville (zip 37354) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 41.1%, which is higher than the US average of 33.5%.
Tax Rates for Madisonville (zip 37354)
- The Sales Tax Rate for Madisonville (zip 37354) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Madisonville (zip 37354) 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 Madisonville (zip 37354)
- The average income of a Madisonville (zip 37354) resident is $18,061 a year. The US average is $28,555 a year.
- The Median household income of a Madisonville (zip 37354) resident is $47,146 a year. The US average is $69,021 a year.