Adams, TN is a city located in the western part of the state. It is home to several businesses, including Adams Community Bank and Jan's Country Store. Adams has a population of around 5,000 people and is known for its small-town charm. The cost of living in Adams is relatively low compared to other cities in Tennessee. The average two bedroom rent in Adams is only $1,230 while the national average for two bedroom rent is $1,430. Similarly, the grocery cost index in Adams is 101 versus 100 nationally. This means groceries are slightly more expensive in Adams than they are across the country as a whole.
Adams has an unemployment rate of 4.1%. The US average is 6.0%.
Adams 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 47.4%, which is higher than the US average of 33.5%.
Tax Rates for Adams
- The Sales Tax Rate for Adams is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Adams is 0.0%. The US average is 4.6%.
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Income and Salaries for Adams
- The average income of a Adams resident is $24,967 a year. The US average is $37,638 a year.
- The Median household income of a Adams resident is $55,938 a year. The US average is $69,021 a year.