Economy in Zip 37871 (Strawberry Plains, TN)

37871 Strawberry Plains, TN is a great place to live with an affordable cost of living. The typical two bedroom rent in the area is $1,050, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index is 96 versus 100 in the US, so there are plenty of opportunities to save money. \nThe town of 37871 Strawberry Plains has many local businesses such as L & K Lawn Care and Landscaping, R & B Tax Services and Smith Brothers Taxidermy that offer services to residents and visitors alike. Additionally, there are nearby amenities including White Pine Park where visitors can enjoy hiking trails and stunning views; South Knoxville Boat Dock for fishing enthusiasts; and Two Rivers Bike Park for those looking to hit the trails on two wheels.

Strawberry Plains (zip 37871) has an unemployment rate of 4.7%. The US average is 6.0%.

Strawberry Plains (zip 37871) has seen the job market increase by 0.9% 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 Strawberry Plains (zip 37871)
- The Sales Tax Rate for Strawberry Plains (zip 37871) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Strawberry Plains (zip 37871) 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 Strawberry Plains (zip 37871)
- The average income of a Strawberry Plains (zip 37871) resident is $21,701 a year. The US average is $28,555 a year.
- The Median household income of a Strawberry Plains (zip 37871) resident is $65,372 a year. The US average is $69,021 a year.