Thompson s Station, TN Economy


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Thompson's Station, TN is a great place to live with its affordable rent and accessible amenities. Located just outside Nashville, the city has plenty of options for food, shopping, recreation, culture, and entertainment. The two-bedroom rent here is about $2,130 on average - much lower than the US average of $1,430. Similarly, the Grocery Cost Index in Thompson's Station is around 104 compared to 100 in the US as a whole.
Some local companies that contribute to the city's economy are Thompson's Station Farmers Co-op Ag Center, Heaven Hill Farm & Market LLC., Bennett Motors Inc., Old Hickory Sheds of Middle Tennessee, and J&K Auto Repair & Paint Shop. Each local business serves an important role within the community by offering unique services or products that help contribute to the well being of its citizens. Whether it’s providing fresh produce from Heaven Hill Farm & Market LLC., automotive repairs from J&K Auto Repair & Paint Shop or quality sheds from Old Hickory Sheds of Middle Tennessee - these companies all help make living in Thompson's Station a truly enjoyable experience.

Thompson's Station has an unemployment rate of 3.3%. The US average is 6.0%.

Thompson's Station has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 54.4%, which is higher than the US average of 33.5%.

Tax Rates for Thompson's Station
- The Sales Tax Rate for Thompson's Station is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Thompson's Station 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 Thompson's Station
- The average income of a Thompson's Station resident is $39,108 a year. The US average is $28,555 a year.
- The Median household income of a Thompson's Station resident is $100,301 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThompson's Station, TennesseeUnited States
  3.36
  -5.7%-6.2%
  54.4%33.5%
  9.8%6.2%
  0.0%4.6%
  $43,804$37,638
  $100,301$69,021
  $121,042$85,028
  Population by Occupation
  0.0%1.2%
  1.8%0.5%
  5.0%6.8%
  11.7%10.0%
  3.7%2.5%
  7.3%11.0%
  2.0%4.8%
  0.0%0.8%
  3.3%1.9%
  21.5%4.7%
  1.7%1.9%
  8.1%7.6%
  0.0%0.1%
  4.3%4.2%
  2.4%9.3%
  13.4%14.0%
  0.5%2.1%
  5.6%7.0%
  4.5%4.8%
  3.1%4.7%
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