Newcomb, TN (37819) is a small town in Tennessee with an affordable cost of living. The average 2 Bedroom rent in Newcomb is $780, compared to the US average of $1,430 making it an attractive place for those on a budget. The Grocery Cost Index in Newcomb is 94 versus 100 in the US which also helps to make life more affordable. Local businesses include the Hiwassee Outfitters & Lodge, Keepers Antiques & Collectibles, and Newcomb Grocery & Hardware Store. All provide quality services to their customers while contributing to the economy of the town and surrounding areas.
Newcomb (zip 37819) has an unemployment rate of 6.4%. The US average is 6.0%.
Newcomb (zip 37819) has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Newcomb (zip 37819)
- The Sales Tax Rate for Newcomb (zip 37819) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Newcomb (zip 37819) 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 Newcomb (zip 37819)
- The average income of a Newcomb (zip 37819) resident is $19,842 a year. The US average is $37,638 a year.
- The Median household income of a Newcomb (zip 37819) resident is $47,917 a year. The US average is $69,021 a year.