Middle Valley, TN is a town located in Hamilton County. It offers a lower cost of living than the US average with an average 2 bedroom rent costing $1,070 compared to the national average of $1,430. The Grocery Cost Index is also lower than the US average at 98 versus 100. The town has many local companies such as Mid-Valley Baptist Church, Middle Valley Elementary School, and John's Produce Market that residents can patronize on a daily basis. In addition to having access to amazing shops and services, Middle Valley is also home to several outdoor recreational activities like hiking trails and waterfalls that can be explored in the summertime. With its low cost of living and abundance of activities, Middle Valley is an ideal place for people looking for a peaceful place to settle down.
Middle Valley has an unemployment rate of 4.8%. The US average is 6.0%.
Middle Valley has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 46.0%, which is higher than the US average of 33.5%.
Tax Rates for Middle Valley
- The Sales Tax Rate for Middle Valley is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Middle Valley 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 Middle Valley
- The average income of a Middle Valley resident is $28,272 a year. The US average is $28,555 a year.
- The Median household income of a Middle Valley resident is $80,350 a year. The US average is $69,021 a year.