Gleason, TN Economy


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Gleason, TN is a small rural town in the western part of the state. It is known for its low cost of living, with two bedroom rents averaging $750 per month - nearly half what they are in the US on average. The grocery cost index is also significantly lower than the national average, at 89 compared to 100. Local businesses include Gleason Supermarket, Matt's Hardware Store, and Bailey’s Family Restaurant. These stores provide essential services to local residents in Gleason.

Gleason has an unemployment rate of 4.6%. The US average is 6.0%.

Gleason has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.

Tax Rates for Gleason
- The Sales Tax Rate for Gleason is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Gleason 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 Gleason
- The average income of a Gleason resident is $18,563 a year. The US average is $28,555 a year.
- The Median household income of a Gleason resident is $51,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGleason, TennesseeUnited States
  4.66
  -5.8%-6.2%
  33.0%33.5%
  9.8%6.2%
  0.0%4.6%
  $22,388$37,638
  $51,250$69,021
  $59,803$85,028
  Population by Occupation
  0.2%1.2%
  0.5%0.5%
  8.8%6.8%
  15.8%10.0%
  5.6%2.5%
  13.0%11.0%
  5.6%4.8%
  3.0%0.8%
  0.5%1.9%
  1.7%4.7%
  0.0%1.9%
  2.7%7.6%
  0.0%0.1%
  0.6%4.2%
  11.6%9.3%
  17.8%14.0%
  2.0%2.1%
  5.3%7.0%
  1.9%4.8%
  3.4%4.7%
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