Mountain City, TN (37683) is a small town on the eastern border of Tennessee. With a population of just over 4,000 people, it is a rural area where locals enjoy a peaceful lifestyle. The cost of living here is low, with two bedroom rents averaging around $840 compared to an average of $1,430 nationally. Grocery costs are also inexpensive in Mountain City as the Grocery Cost Index stands at 94 compared to 100 in the US.
The city has seen recent growth due to its proximity to Johnson City and Boone County as well as its access to outdoor recreation. There are several local companies located in the area including Green Valley Media Group, Iron Mountain Outfitters and Café Roma Italian Eatery & Pizzeria. The city also boasts several other businesses such as salons, convenience stores, auto repair shops and medical centers that cater to the needs of its residents.
Mountain City (zip 37683) has an unemployment rate of 5.5%. The US average is 6.0%.
Mountain City (zip 37683) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.
Tax Rates for Mountain City (zip 37683)
- The Sales Tax Rate for Mountain City (zip 37683) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Mountain City (zip 37683) 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 Mountain City (zip 37683)
- The average income of a Mountain City (zip 37683) resident is $21,489 a year. The US average is $37,638 a year.
- The Median household income of a Mountain City (zip 37683) resident is $43,790 a year. The US average is $69,021 a year.