Collierville, TN is a small town located in Shelby County with many attractions and businesses available. Many of the popular local companies include Collierville Honda, Solarbron Apartments, Bojangles’ Restaurants, Walmart Supercenter, and Clear Springs Food Company. 2 Bedroom Rent in Collierville is slightly lower than the US at $1,370 compared to $1,430. The Grocery Cost Index in Collierville is also slightly higher than the US at 104 versus 100. With its abundance of amenities and cost-saving advantages for renters such as no state tax on groceries or clothing purchases, Collierville is an ideal place to live.
Collierville has an unemployment rate of 3.4%. The US average is 6.0%.
Collierville has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 41.7%, which is higher than the US average of 33.5%.
Tax Rates for Collierville
- The Sales Tax Rate for Collierville is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Collierville 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 Collierville
- The average income of a Collierville resident is $41,346 a year. The US average is $28,555 a year.
- The Median household income of a Collierville resident is $119,461 a year. The US average is $69,021 a year.