Pikeville, Tennessee, is a city of about 1,000 people situated in the foothills of the Cumberland Plateau. The average rent for a two bedroom apartment in Pikeville is $810, which is lower than the national average of $1,430. Groceries are also more affordable here than in the US overall; the local grocery cost index is 96 compared to 100 for the country as a whole. The economy of Pikeville revolves largely around small businesses like Southern Land & Livestock Supply Co., Murphey's Gun Shop, and JM Kitchen Cabinets & Countertops. As an added bonus, these local companies offer competitive prices to help keep costs down for residents.
Pikeville (zip 37367) has an unemployment rate of 7.4%. The US average is 6.0%.
Pikeville (zip 37367) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Pikeville (zip 37367)
- The Sales Tax Rate for Pikeville (zip 37367) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Pikeville (zip 37367) 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 Pikeville (zip 37367)
- The average income of a Pikeville (zip 37367) resident is $15,781 a year. The US average is $28,555 a year.
- The Median household income of a Pikeville (zip 37367) resident is $54,404 a year. The US average is $69,021 a year.