Oneida, TN is a small city located in Scott County. It is an affordable area with a lower cost of living than the US average. The average 2 bedroom rent in Oneida is $730, whereas the US average is $1,430. Grocery costs are also lower with an index of 94 versus 100 nationally. This makes it an ideal place for families looking to save money on housing and food expenses. The city has many local businesses such as National Chimney Supply, Bartley Construction Company, and H&S Furniture Repair & Refinishing that provide quality services to the community. All of these factors make Oneida a lower cost alternative when compared to other cities in the country.
Oneida has an unemployment rate of 6.5%. The US average is 6.0%.
Oneida has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 41.1%, which is higher than the US average of 33.5%.
Tax Rates for Oneida
- The Sales Tax Rate for Oneida is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Oneida 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 Oneida
- The average income of a Oneida resident is $19,206 a year. The US average is $37,638 a year.
- The Median household income of a Oneida resident is $31,000 a year. The US average is $69,021 a year.