Sevierville, TN, with a population of 37862, is known for having one of the most affordable housing markets in the country. The average 2 bedroom rent in Sevierville costs $920, while the nationwide average is $1,430. Additionally, grocery cost index in Sevierville is 100 compared to the US cost index of 100. As a result of these low costs, Sevierville has become quite popular among young people and retirees alike. The city also boasts many businesses such as Sevierville Medical Center, Pigeon Forge Chamber of Commerce, and Dolly Parton's Stampede Dinner Attraction that offer employment opportunities to local residents. Furthermore, due to its proximity to nature parks such as Great Smoky Mountains National Park and Douglas Lake State Park, there is plenty of recreational activities for locals and tourists alike to enjoy in this great city.
Sevierville (zip 37862) has an unemployment rate of 5.1%. The US average is 6.0%.
Sevierville (zip 37862) has seen the job market decrease by -8.7% over the last year. Future job growth over the next ten years is predicted to be 43.7%, which is higher than the US average of 33.5%.
Tax Rates for Sevierville (zip 37862)
- The Sales Tax Rate for Sevierville (zip 37862) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Sevierville (zip 37862) 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 Sevierville (zip 37862)
- The average income of a Sevierville (zip 37862) resident is $28,686 a year. The US average is $37,638 a year.
- The Median household income of a Sevierville (zip 37862) resident is $50,431 a year. The US average is $69,021 a year.