Cost of Living in Etowah, TN

Population 3,621 · Tennessee · Data vintage 2023

58
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Etowah run well below national norms — a median of $43,614 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $166,000). At 18.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Etowah is about 45 miles east of Chattanooga, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 36% lower than Chattanooga's $259,000.

Cost Overview

Housing 54
Rent 62

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Etowah

The median home value in Etowah is $165,900 — 46% below the national median of $305,000. Median rent runs $817/month, 38% lower than the national median of $1,314/month. The median household income of $43,614/year is 42% lower than the US median of $74,580. The local unemployment rate is 18.1%, above the national average of 4.8%. Tennessee charges no state income tax, a meaningful advantage for take-home pay. Overall, Etowah has a cost of living index of 58 versus the US average of 100, meaning it is 42% less expensive.

🏠 Housing

Median Home Value
$165,900
46% below avg
Zillow Home Value
$422,931
Zillow ZHVI
Median Rent
$817/mo
38% below avg
Price-to-Rent Ratio
16.9x
Favors buying
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$809
2 BR
$948
3 BR
$1,265
4 BR
$1,510
Owner-occupied 63.3%
Renter-occupied 36.7%

💰 Estimated Monthly Budget

Rent median rent
$817
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,431/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.2 min
21% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.2%

Commute Mode

Drove alone
89.7%
Carpooled
3.0%
Walked
0.2%
Work from home
6.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 9.6%
State rate 7.0%
Avg local rate 2.5%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$43,614
42% below avg
Per Capita Income
$25,636
Unemployment Rate
18.1%
277% above avg
Poverty Rate
15.6%
Labor Force Participation
51.8%

🎓 Education

Bachelor's degree+ 14.0%
Graduate degree 8.5%

👥 Demographics

Median Age 42.1
Male median age 42.3
Female median age 42

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
67%
Good air days/yr
114
Max AQI recorded
355
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Etowah, TN?

Etowah has a cost index of 58 (100 = national average). It is 42% below the national average.

What is average rent in Etowah, TN?

The median gross rent in Etowah is $817 per month based on 2023 Census data.

What is the average home price in Etowah?

The median home value in Etowah is $165,900 according to Zillow and Census data.

What is the median income in Etowah?

The median household income in Etowah is $43,614 per year (2023 ACS 5-year estimates).

What is the sales tax in Etowah, TN?

The combined state and local sales tax rate in Etowah is 9.6%. Tennessee has no state income tax.

Is Etowah, TN affordable?

Yes, Etowah is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.