Zip 37370 (Riceville, TN) Economy


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Riceville, TN (37370) is a small town located in East Tennessee. The median rent for a two-bedroom apartment here is $780 per month, which is much lower than the US average of $1,430 per month. Additionally, the Grocery Cost Index in Riceville is 97 compared to 100 in the US. Riceville has a small but vibrant business community comprised of local businesses such as the Henhouse Deli & Market and Cochran Glass Company. The median home value in Riceville is $84,500, making it an affordable place to buy or rent property.

Riceville (zip 37370) has an unemployment rate of 5.3%. The US average is 6.0%.

Riceville (zip 37370) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.

Tax Rates for Riceville (zip 37370)
- The Sales Tax Rate for Riceville (zip 37370) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Riceville (zip 37370) 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 Riceville (zip 37370)
- The average income of a Riceville (zip 37370) resident is $28,354 a year. The US average is $37,638 a year.
- The Median household income of a Riceville (zip 37370) resident is $55,874 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRiceville, TennesseeUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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