Zip 37183 (Wartrace, TN) Economy


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37183 Wartrace, TN is a small town located in Bedford county with a population of 534. The rent for 2 bedroom homes in this area is $910 per month which is lower than the US average of $1,430 per month. Additionally, the grocery cost index in Wartrace is 98 compared to 100 in the US which suggests that groceries are cheaper in this area. For those looking to move to 37183 Wartrace, TN there are many local companies you can take advantage of such as McDonalds and Dollar General Store both within 20 miles of the city, and The Exchange Bank offering personal banking services. The relatively low rent and groceries make living in 37183 Wartrace, TN more affordable than other areas in the US.

Wartrace (zip 37183) has an unemployment rate of 5.2%. The US average is 6.0%.

Wartrace (zip 37183) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 46.3%, which is higher than the US average of 33.5%.

Tax Rates for Wartrace (zip 37183)
- The Sales Tax Rate for Wartrace (zip 37183) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Wartrace (zip 37183) 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 Wartrace (zip 37183)
- The average income of a Wartrace (zip 37183) resident is $18,770 a year. The US average is $28,555 a year.
- The Median household income of a Wartrace (zip 37183) resident is $64,735 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWartrace, TennesseeUnited States
  5.26
  -5.0%-6.2%
  46.3%33.5%
  9.8%6.2%
  0.0%4.6%
  $38,259$37,638
  $64,735$69,021
  $80,316$85,028
  Population by Occupation
  2.8%1.2%
  0.1%0.5%
  11.2%6.8%
  12.7%10.0%
  0.4%2.5%
  6.3%11.0%
  3.5%4.8%
  0.7%0.8%
  0.3%1.9%
  3.8%4.7%
  3.9%1.9%
  10.6%7.6%
  0.0%0.1%
  7.1%4.2%
  9.0%9.3%
  11.0%14.0%
  0.0%2.1%
  1.6%7.0%
  9.8%4.8%
  5.2%4.7%
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