Hornbeak, TN is a small town located in Tennessee. It is known for its affordable cost of living and friendly community. The average rent for a two-bedroom apartment is $740, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Hornbeak is 89 versus 100 in the US.
Hornbeak has a variety of local companies that help make it a great place to live and work. Some of these include Hornbeak Family Pharmacy, H&R Block Tax Services, and Walker's Auto Supplies. These companies provide residents with essential goods and services. Additionally, there are some great restaurants like Diner 24/7 and Bluebell Cafe that help contribute to the vibrant local economy.
Hornbeak has an unemployment rate of 6.1%. The US average is 6.0%.
Hornbeak has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Hornbeak
- The Sales Tax Rate for Hornbeak is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Hornbeak 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 Hornbeak
- The average income of a Hornbeak resident is $16,848 a year. The US average is $28,555 a year.
- The Median household income of a Hornbeak resident is $51,705 a year. The US average is $69,021 a year.