Chapel Hill, TN is a small town located in Marshall County with a population of 8,543 people. It has an average 2 bedroom rent of $790 per month which is significantly lower than the US average at $1,430. The Grocery Cost Index in Chapel Hill is 98 versus the US index at 100; making groceries slightly more affordable in this town. Chapel Hill is home to many companies such as Paper Source Inc., Eagle Surgical Supplies Inc., and Automotive Assembly Solutions LLC. It also boasts its own public library and community center where residents can enjoy events and activities year round.
Chapel Hill has an unemployment rate of 4.9%. The US average is 6.0%.
Chapel Hill has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 46.4%, which is higher than the US average of 33.5%.
Tax Rates for Chapel Hill
- The Sales Tax Rate for Chapel Hill is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Chapel Hill 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 Chapel Hill
- The average income of a Chapel Hill resident is $19,721 a year. The US average is $28,555 a year.
- The Median household income of a Chapel Hill resident is $75,000 a year. The US average is $69,021 a year.