Murfreesboro, TN Economy


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Murfreesboro, TN is an ideal city to live in, with its low cost of living and abundance of local businesses. The 2 bedroom rent in Murfreesboro is much lower than the US average at $1,350 compared to $1,430. Additionally, the Grocery Cost Index is equal to that in the US at 100. There are many great local companies in Murfreesboro such as Bridgestone Americas, Amazon Fulfillment Center, Uncle Maddio's Pizza Joint, and Toot's Restaurant & Bar. With its affordability and amenities such as these local businesses, Murfreesboro is a great place to call home.

Murfreesboro has an unemployment rate of 4.3%. The US average is 6.0%.

Murfreesboro has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 56.6%, which is higher than the US average of 33.5%.

Tax Rates for Murfreesboro
- The Sales Tax Rate for Murfreesboro is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Murfreesboro 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 Murfreesboro
- The average income of a Murfreesboro resident is $25,789 a year. The US average is $28,555 a year.
- The Median household income of a Murfreesboro resident is $66,984 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMurfreesboro, TennesseeUnited States
  4.36
  -5.8%-6.2%
  56.6%33.5%
  9.8%6.2%
  0.0%4.6%
  $33,441$37,638
  $66,984$69,021
  $84,936$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  4.6%6.8%
  11.8%10.0%
  2.4%2.5%
  11.5%11.0%
  6.1%4.8%
  0.5%0.8%
  2.4%1.9%
  5.0%4.7%
  2.0%1.9%
  5.3%7.6%
  0.3%0.1%
  4.5%4.2%
  9.7%9.3%
  13.7%14.0%
  1.6%2.1%
  10.7%7.0%
  4.2%4.8%
  3.4%4.7%
Reviews for Murfreesboro
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Murfreesboro is okay, but it does seem like it is somewhat unsavory and there are a disproportionate amount of drug busts. It is a good place for young artists and  More

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I've lived all my life in Chicago, Il and am growing quite tired of the violence and the cost of living. I have been doing research all over the U.S. so I can get me and  More

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Over 9 years ago

Murfreesboro is growing into a little big town. According to Forbes and governing.com, we are now one of the fastest growing cities in the United States. Our city is  More

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