Fairgarden, TN Economy


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Fairgarden, TN is a great place to call home. With an affordable two bedroom rent of $960 and a Grocery Cost Index that is lower than the US average at 99, Fairgarden is an economical option for those looking to save money while living comfortably. Local amenities include the historic Dogwood Hills Golf Course, the Fairgarden Community Park, and the Fairgarden Bike Trail. There are several major employers located in Fairgarden such as Walmart and Target, as well as many small businesses to support the community. It's also just a short drive from larger cities offering more recreational activities like shopping malls and movie theaters.

Fairgarden has an unemployment rate of 5.1%. The US average is 6.0%.

Fairgarden has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 43.7%, which is higher than the US average of 33.5%.

Tax Rates for Fairgarden
- The Sales Tax Rate for Fairgarden is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Fairgarden 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 Fairgarden
- The average income of a Fairgarden resident is $18,735 a year. The US average is $28,555 a year.
- The Median household income of a Fairgarden resident is $34,238 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairgarden, TennesseeUnited States
  5.16
  -8.7%-6.2%
  43.7%33.5%
  9.8%6.2%
  0.0%4.6%
  $21,488$37,638
  $34,238$69,021
Family Median Income 85028
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