37866 Sharps Chapel, TN is located in Union County and is home to many local businesses. Some of these businesses include Mid-East Tennessee Tourism Authority, Overton Gas Line Services Inc., Lagoon Auto & Home Parts LLC, and Offshore Power Supply. The cost of living index in Sharps Chapel is 99, which is slightly lower than the US cost of living index of 100. This means that overall expenses are relatively cheaper compared to other places; for instance, the average rent for a 2 bedroom apartment in Sharps Chapel is $910 whereas it's $1,430 in the US. Other costs such as food and transportation are also slightly lower here compared to elsewhere.
Sharps Chapel (zip 37866) has an unemployment rate of 5.3%. The US average is 6.0%.
Sharps Chapel (zip 37866) 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 35.5%, which is higher than the US average of 33.5%.
Tax Rates for Sharps Chapel (zip 37866)
- The Sales Tax Rate for Sharps Chapel (zip 37866) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Sharps Chapel (zip 37866) 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 Sharps Chapel (zip 37866)
- The average income of a Sharps Chapel (zip 37866) resident is $33,075 a year. The US average is $37,638 a year.
- The Median household income of a Sharps Chapel (zip 37866) resident is $66,941 a year. The US average is $69,021 a year.