Ten Mile, TN (37880), located in Meigs County, is a small town with a population of just under 1,000. It is conveniently situated near major cities such as Chattanooga and Knoxville. The 2 bedroom rent in Ten Mile is $850 which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Ten Mile is also quite low at 100 versus 100 in the US. This makes Ten Mile an attractive choice for those who want to save on living expenses without compromising on amenities and convenience. \nLocal businesses include stores like Dollar General and Food City where you can purchase your basic needs at reasonable prices. Additionally, there are multiple restaurants such as Subway and Taco Bell where you can grab a meal without breaking the bank. All in all, Ten Mile has an affordable cost of living that makes it a great choice for anyone looking for a place to live without spending too much money.
Ten Mile (zip 37880) has an unemployment rate of 6.2%. The US average is 6.0%.
Ten Mile (zip 37880) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.
Tax Rates for Ten Mile (zip 37880)
- The Sales Tax Rate for Ten Mile (zip 37880) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Ten Mile (zip 37880) 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 Ten Mile (zip 37880)
- The average income of a Ten Mile (zip 37880) resident is $23,755 a year. The US average is $28,555 a year.
- The Median household income of a Ten Mile (zip 37880) resident is $51,330 a year. The US average is $69,021 a year.