37362 Oldfort, TN is a small town located in Marion County. The average 2 bedroom rent in 37362 Oldfort is $780, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in that area is 94 compared to 100 nationally. This indicates that 37362 Oldfort has a lower cost of living than most parts of the country.
Local businesses such as Dollar General Store, Marion County Bank, and Burger King can be found in 37362 Oldfort. Many locals also purchase their supplies from Walmart Neighborhood Market or neighboring towns like Dunlap or Tracy City. With such affordable prices and plentiful options for shopping and dining out, it's no wonder why so many people are choosing to move to this area.
Oldfort (zip 37362) has an unemployment rate of 5.2%. The US average is 6.0%.
Oldfort (zip 37362) has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.
Tax Rates for Oldfort (zip 37362)
- The Sales Tax Rate for Oldfort (zip 37362) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Oldfort (zip 37362) 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 Oldfort (zip 37362)
- The average income of a Oldfort (zip 37362) resident is $19,304 a year. The US average is $37,638 a year.
- The Median household income of a Oldfort (zip 37362) resident is $38,970 a year. The US average is $69,021 a year.