Tiptonville, Tennessee is a small town located in Lake County. It has a population of just under 1,500 people and is home to several local businesses. The city is known for its low cost of living, with a two-bedroom rent being only $630 per month and a grocery cost index at 92 versus 100 in the US. Local businesses in Tiptonville include the Drury’s Cafe & Grocery Store, which offers delicious homemade meals and groceries; the Tiptonville Pharmacy, which provides medication prescriptions and medical supplies; and The Landing Bar & Grill which serves up classic American food with great drinks. Tiptonville also offers excellent recreational activities like fishing at nearby Reelfoot Lake or visiting the historic Tiptonville Depot Museum. All of these attractions make Tiptonville an affordable place to live with plenty to do!
Tiptonville (zip 38079) has an unemployment rate of 8.9%. The US average is 6.0%.
Tiptonville (zip 38079) has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 14.6%, which is lower than the US average of 33.5%.
Tax Rates for Tiptonville (zip 38079)
- The Sales Tax Rate for Tiptonville (zip 38079) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Tiptonville (zip 38079) 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 Tiptonville (zip 38079)
- The average income of a Tiptonville (zip 38079) resident is $15,227 a year. The US average is $37,638 a year.
- The Median household income of a Tiptonville (zip 38079) resident is $31,371 a year. The US average is $69,021 a year.