Mount Carmel, TN is a small town located in Hawkins County with an estimated population of 37645. It’s known for its low cost of living that includes a remarkably low 2 Bedroom Rent of $780 compared to the US average of $1430. Additionally, the Grocery Cost Index in Mount Carmel is 96 versus 100 in the US. This makes living in Mount Carmel even more affordable than other towns.
The local economy is well supported by companies such as Eastman Chemical Company, Valley Forge Medical Center and Surgery Center, Alpha Natural Resources, Allmand Brothers Inc., and NN Inc. With an array of job opportunities available locally, residents are able to enjoy employment close to home while taking advantage of the surrounding outdoor beauty that Mount Carmel has to offer. Furthermore, with its close proximity to larger cities such as Knoxville or Johnson City, you can easily access all the amenities they have on offer without having to be a resident there.
In conclusion, Mount Carmel TN is an amazing place to call home due to its numerous recreational activities combined with affordable housing prices and easy access to large cities nearby. It's a great place for both young professionals looking for job opportunities and families looking for stability and safety.
Mount Carmel (zip 37645) has an unemployment rate of 5.5%. The US average is 6.0%.
Mount Carmel (zip 37645) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.
Tax Rates for Mount Carmel (zip 37645)
- The Sales Tax Rate for Mount Carmel (zip 37645) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Mount Carmel (zip 37645) 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 Mount Carmel (zip 37645)
- The average income of a Mount Carmel (zip 37645) resident is $22,392 a year. The US average is $28,555 a year.
- The Median household income of a Mount Carmel (zip 37645) resident is $59,691 a year. The US average is $69,021 a year.