Wartrace, TN is a small town located in Bedford County with a population of around 500 people. It is known for its beautiful scenery and rich history with many registered historic sites. Wartrace provides a peaceful and serene place to settle down and call home. The cost of living in Wartrace is lower than the national average due to the low rental costs which are currently at $920 for a two bedroom apartment compared to $1,430 across the US. Similarly, the Grocery Cost Index for Wartrace is 98 against 100 for the US. The town has many local businesses such as Hancock's Bar-B-Q, Faulkner鈥檚 Farm Market, and Wartrace Pharmacy that help to support the local economy. Overall, Wartrace provides a great quality of life with its relaxed atmosphere and affordable cost of living.
Wartrace has an unemployment rate of 5.2%. The US average is 6.0%.
Wartrace has seen the job market decrease by -5.0% 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
- The Sales Tax Rate for Wartrace is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Wartrace is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Wartrace
- The average income of a Wartrace resident is $24,492 a year. The US average is $37,638 a year.
- The Median household income of a Wartrace resident is $44,861 a year. The US average is $69,021 a year.