37813 Morristown, TN is an area rich in culture and natural beauty. Its population is 58,615 people according to the 2019 census. The average two bedroom rent in this area is $830, significantly cheaper than the national 2 bedroom rent of $1430. This makes it an attractive option for those looking for an affordable place to live. Additionally, the Grocery Cost Index here is 94 compared to the US index of 100, meaning that food costs are lower than the national average in this area.
The city offers plenty of retail and dining options with local companies such as Food City, a grocery store chain with locations throughout East Tennessee; The Barley Room Tap House & Grill, a popular eatery; and Morristown Harley-Davidson, offering sales and service on anything bikes related since 1982. Other attractions include historic sites like Panther Creek State Park as well as outdoor activities like hiking trails and boating at Cherokee Lake.
Morristown (zip 37813) has an unemployment rate of 5.6%. The US average is 6.0%.
Morristown (zip 37813) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Morristown (zip 37813)
- The Sales Tax Rate for Morristown (zip 37813) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Morristown (zip 37813) 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 Morristown (zip 37813)
- The average income of a Morristown (zip 37813) resident is $18,829 a year. The US average is $28,555 a year.
- The Median household income of a Morristown (zip 37813) resident is $38,249 a year. The US average is $69,021 a year.