37874 Sweetwater, TN is an idyllic suburban town located in the foothills of the Appalachian Mountains. This small town offers its residents peace and quiet, along with a wide range of local businesses to enjoy. There are plenty of options for shopping, dining, and entertainment within Sweetwater, such as Walmart Supercenter, The Peacock Family Restaurant & Grocery Store, and Sweetwater Cinemas. For those looking for more outdoor recreation opportunities, there are several parks nearby as well.
The cost of living in Sweetwater is considerably lower than the national average. The 2 bedroom rent rate in Sweetwater is $870 per month versus $1,430 over US average. Similarly, grocery cost index in 37874 Sweetwater is 95 versus 100 nationally. All these factors make 37874 Sweetwater an affordable choice for many families who seek safety and a laid-back lifestyle away from the hustle and bustle of daily life.
Sweetwater (zip 37874) has an unemployment rate of 5.1%. The US average is 6.0%.
Sweetwater (zip 37874) has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 41.1%, which is higher than the US average of 33.5%.
Tax Rates for Sweetwater (zip 37874)
- The Sales Tax Rate for Sweetwater (zip 37874) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Sweetwater (zip 37874) 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 Sweetwater (zip 37874)
- The average income of a Sweetwater (zip 37874) resident is $23,982 a year. The US average is $37,638 a year.
- The Median household income of a Sweetwater (zip 37874) resident is $42,970 a year. The US average is $69,021 a year.