Powder Springs is a city in Tennessee with a population of around 13,000 people. It is located in Cobb County and has an elevation of 810 feet. It offers beautiful scenery and several outdoor activities such as walking trails, parks, golf courses and nearby lakes. The average cost for a two bedroom rental in Powder Springs is $880 which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index for Powder Springs is 94 compared to 100 in the US. \nThere are plenty of local companies such as K2 Enterprises Inc., Marriott International Inc., RSI Home Products Inc., and Seneca Plastics Corp that help contribute to the local economy. These businesses provide employment opportunities to the community and help keep economic activity going strong throughout Powder Springs.
Powder Springs (zip 37848) has an unemployment rate of 5.6%. The US average is 6.0%.
Powder Springs (zip 37848) has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Powder Springs (zip 37848)
- The Sales Tax Rate for Powder Springs (zip 37848) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Powder Springs (zip 37848) 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 Powder Springs (zip 37848)
- The average income of a Powder Springs (zip 37848) resident is $43,554 a year. The US average is $37,638 a year.
- The Median household income of a Powder Springs (zip 37848) resident is $0 a year. The US average is $69,021 a year.