37861 Rutledge,TN is an ideal place to call home with its affordable cost of living. The 2 bedroom rent in 37861 Rutledge TN is significantly lower than the US average at $740 instead of $1430. This low housing cost makes it easier for households to save money and live comfortably. Grocery costs in 37861 Rutledge TN are also lower than the US average with a grocery cost index of 96 compared to 100 for the US. \nThere are plenty of local companies in 37861 Rutledge TN that offer diverse services from retail stores such as Dollar General and Food City to auto shops like Midway Tire & Auto Repair. Other popular businesses include National Lumber Company, Novella’s Pizza & Subs, and Grundy County Community Bank. \nIn conclusion, 37861 Rutledge TN offers affordable living costs combined with a plethora of local businesses that make it an attractive location to call home.
Rutledge (zip 37861) has an unemployment rate of 5.6%. The US average is 6.0%.
Rutledge (zip 37861) 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 Rutledge (zip 37861)
- The Sales Tax Rate for Rutledge (zip 37861) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Rutledge (zip 37861) 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 Rutledge (zip 37861)
- The average income of a Rutledge (zip 37861) resident is $22,736 a year. The US average is $37,638 a year.
- The Median household income of a Rutledge (zip 37861) resident is $45,176 a year. The US average is $69,021 a year.