Piperton, TN Economy


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Piperton, TN is a charming town located in the southwestern part of Tennessee. It is home to many local companies, such as Summer Garden Farms, Cooper's BBQ Pit, and Jack's Restaurant. The cost of living is relatively low compared to other parts of Tennessee and the United States as a whole. For instance, the average two-bedroom rent in Piperton is $1,320 while it's $1,430 in the US. Additionally, Piperton has a grocery cost index of 103 which is higher than the US index of 100. With its affordable housing costs and multitude of businesses to choose from, Piperton makes for an ideal place to live.

Piperton has an unemployment rate of 4.9%. The US average is 6.0%.

Piperton 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 41.0%, which is higher than the US average of 33.5%.

Tax Rates for Piperton
- The Sales Tax Rate for Piperton is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Piperton 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 Piperton
- The average income of a Piperton resident is $43,254 a year. The US average is $28,555 a year.
- The Median household income of a Piperton resident is $110,682 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPiperton, TennesseeUnited States
  4.96
  -5.6%-6.2%
  41.0%33.5%
  9.3%6.2%
  0.0%4.6%
  $65,321$37,638
  $110,682$69,021
  $119,722$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  8.4%6.8%
  9.3%10.0%
  2.4%2.5%
  8.7%11.0%
  10.6%4.8%
  0.0%0.8%
  1.1%1.9%
  3.8%4.7%
  3.2%1.9%
  3.7%7.6%
  0.0%0.1%
  2.2%4.2%
  8.5%9.3%
  20.9%14.0%
  3.1%2.1%
  2.8%7.0%
  8.3%4.8%
  2.7%4.7%
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