38368 Reagan, TN is a small town located in the county of Clay. It has an affordable cost of living with a 2 bedroom rent being at $800, compared to the nationwide average of $1,430. The Grocery Cost Index for Reagan is 93, which is 7 points lower than the national index. Businesses in Reagan include Apple Valley Automotive Repair, Wheeler's Auto Parts & Wrecker Service LLC, and the local favorite restaurant—Summit Family Restaurant. Other restaurants that are popular amongst locals are Grandma’s Country Kitchen and Knotty Pine Steakhouse. All three restaurants serve delicious home cooked meals for great prices that are sure to please all visitors.
Reagan (zip 38368) has an unemployment rate of 5.2%. The US average is 6.0%.
Reagan (zip 38368) 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 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Reagan (zip 38368)
- The Sales Tax Rate for Reagan (zip 38368) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Reagan (zip 38368) 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 Reagan (zip 38368)
- The average income of a Reagan (zip 38368) resident is $14,948 a year. The US average is $28,555 a year.
- The Median household income of a Reagan (zip 38368) resident is $44,896 a year. The US average is $69,021 a year.