Smyrna, TN Economy


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Smyrna, Tennessee is a great place to live. It has many appealing features including affordable rent, a low grocery cost index, and plenty of local attractions and activities. The two bedroom rent in Smyrna is $1,260 compared to the United States rate of $1,430 making it an ideal location for renters. Additionally, the grocery cost index in Smyrna is 100 versus 100 in the US meaning groceries are relatively inexpensive. Smyrna is home to some great companies such as Nissan North America and Ingram Content Group while also having excellent local attractions like The Adventure Science Center and historic sites like Stones River National Battlefield. Smyrna also provides numerous outdoor activities at its parks such as Sharp Springs Park and Cannonsburgh Village or splish-splashing fun at the Wave Country Waterpark. These reasons make Smyrna a great place to live or visit!

Smyrna has an unemployment rate of 4.2%. The US average is 6.0%.

Smyrna 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 55.9%, which is higher than the US average of 33.5%.

Tax Rates for Smyrna
- The Sales Tax Rate for Smyrna is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Smyrna 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 Smyrna
- The average income of a Smyrna resident is $24,562 a year. The US average is $28,555 a year.
- The Median household income of a Smyrna resident is $70,879 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySmyrna, TennesseeUnited States
  4.26
  -5.8%-6.2%
  55.9%33.5%
  9.8%6.2%
  0.0%4.6%
  $31,197$37,638
  $70,879$69,021
  $77,969$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  7.4%6.8%
  16.9%10.0%
  3.5%2.5%
  11.4%11.0%
  6.0%4.8%
  0.3%0.8%
  2.4%1.9%
  4.5%4.7%
  1.0%1.9%
  4.5%7.6%
  0.5%0.1%
  6.4%4.2%
  6.5%9.3%
  10.6%14.0%
  2.1%2.1%
  6.0%7.0%
  4.8%4.8%
  4.7%4.7%
Reviews for Smyrna
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Over 12 years ago

I have lived in Smyrna, TN for a couple years now and am enjoying a nice condo and a good job. The cost is much cheaper than California and the people are really nice  More

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Over 12 years ago

This area is prone to stronger storms that the greater Nashville area. From here to Murfreesboro, southeast, is more likely to get hail and tornadoes activity than other  More

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Over 13 years ago

I've lived in Smyrna for 26 years. I am currently a Realtor in this area. Smyrna is truly a fantastic place to live. We have easy access to Nashville and all the big  More

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