Tracy City, TN (37387) is a small town situated in southern Tennessee. It has a population of around 2,000 people and offers plenty of amenities for its residents. The average two-bedroom rent in Tracy City is $950 per month, significantly lower than the US average of $1,430. In addition to affordable rent prices, Tracy City also boasts an impressive grocery cost index of 93 versus 100 in the US – meaning that residents can enjoy the same variety of products at lower prices.
The city's local businesses help to make it an attractive place to live and work. Popular businesses include B&B Grocery Store & Restaurant which offers groceries from local producers as well as tasty home-cooked meals. There’s also the Frame-O-Rama Shop that specializes in custom framing services for artwork and photographs. And lastly there’s Uptown Gallery & Art Supplies that sells art supplies and features monthly art shows from local artists.
Tracy City (zip 37387) has an unemployment rate of 6.6%. The US average is 6.0%.
Tracy City (zip 37387) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Tracy City (zip 37387)
- The Sales Tax Rate for Tracy City (zip 37387) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Tracy City (zip 37387) 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 Tracy City (zip 37387)
- The average income of a Tracy City (zip 37387) resident is $23,853 a year. The US average is $37,638 a year.
- The Median household income of a Tracy City (zip 37387) resident is $51,220 a year. The US average is $69,021 a year.