The town of Spring City, located in Tennessee's Rhea County with an estimated population of 37381, is a great place to call home. The cost of living here is quite affordable with 2 bedroom rentals costing only $870 per month. This is significantly lower than the national average of $1,430 for a two bedroom apartment. Groceries are also much cheaper with the grocery cost index at 95 compared to 100 in the US on average.
Spring City has plenty to offer its residents outside of affordability too. The town boasts several local businesses such as B & J Auto Sales and Southern Scrap Metal Recycling that create job opportunities for those looking for work or want to run their own business. There are also a variety of restaurants including Thai Restaurant and El Cerro Mexican Grill that provide a unique dining experience at reasonable prices.
All in all, Spring City offers a high quality of life that is both affordable and convenient with plenty to see and do within the city limits. From low rental prices to numerous local businesses and eateries, there are endless reasons why someone might be interested in moving here!
Spring City (zip 37381) has an unemployment rate of 6.6%. The US average is 6.0%.
Spring City (zip 37381) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 27.9%, which is lower than the US average of 33.5%.
Tax Rates for Spring City (zip 37381)
- The Sales Tax Rate for Spring City (zip 37381) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Spring City (zip 37381) 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 Spring City (zip 37381)
- The average income of a Spring City (zip 37381) resident is $24,249 a year. The US average is $28,555 a year.
- The Median household income of a Spring City (zip 37381) resident is $48,022 a year. The US average is $69,021 a year.