Paris, TN is a vibrant city located in the western part of the state. It is home to many local businesses such as Henry County Bank, Puryear Farms, Paris-Henry County Chamber of Commerce and Paris Winery. The city also offers excellent amenities to its citizens, with an average 2 bedroom rent of $750 compared to the US average of $1,430. Additionally, it has a lower grocery cost index than the US at 93 versus 100. With its numerous opportunities and affordable cost of living, Paris makes for an ideal place to live and work.
Paris has an unemployment rate of 5.6%. The US average is 6.0%.
Paris has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Paris
- The Sales Tax Rate for Paris is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Paris 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 Paris
- The average income of a Paris resident is $18,585 a year. The US average is $28,555 a year.
- The Median household income of a Paris resident is $35,958 a year. The US average is $69,021 a year.