Ardmore, TN Economy


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United States / Tennessee / No Metro Area / Giles County / Ardmore / Zip Codes
Ardmore, Tennessee is a small rural town located in the foothills of the Appalachians. It is known for its warm and friendly atmosphere, and it's a great place for those looking to relax and enjoy nature. The cost of living in Ardmore is quite affordable, with two-bedroom rents starting at just $840. The Grocery Cost Index is also lower than the US average, at 94 vs 100.
This small community offers plenty of attractions to locals and visitors alike. For outdoor enthusiasts there are numerous trails throughout the area for hiking, biking, fishing, and camping. Local businesses include restaurants such as Ella's Market Café and The Olde Country Store; retail stores like Hutchesons General Store; healthcare services from Family Health Center; and professional services like Pendleton & Associates Law Firm.
The culture in Ardmore revolves around being part of a tight-knit community where everyone looks out for one another. Residents appreciate the unique beauty of their environment that allows them to grow closer to nature and embrace their heritage while taking advantage of modern amenities in their hometown.

Ardmore has an unemployment rate of 4.8%. The US average is 6.0%.

Ardmore has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 44.9%, which is higher than the US average of 33.5%.

Tax Rates for Ardmore
- The Sales Tax Rate for Ardmore is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Ardmore 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 Ardmore
- The average income of a Ardmore resident is $18,980 a year. The US average is $28,555 a year.
- The Median household income of a Ardmore resident is $44,444 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyArdmore, TennesseeUnited States
  4.86
  -7.3%-6.2%
  44.9%33.5%
  9.5%6.2%
  0.0%4.6%
  $26,270$37,638
  $44,444$69,021
  $50,000$85,028
  Population by Occupation
  0.0%1.2%
  0.4%0.5%
  10.1%6.8%
  25.3%10.0%
  0.0%2.5%
  25.1%11.0%
  2.4%4.8%
  0.7%0.8%
  0.0%1.9%
  2.9%4.7%
  0.7%1.9%
  2.6%7.6%
  0.0%0.1%
  2.0%4.2%
  4.6%9.3%
  9.2%14.0%
  2.9%2.1%
  5.3%7.0%
  1.1%4.8%
  4.8%4.7%
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