Nashville, MI is a great place to live for those looking for affordability and convenience. The average rent for two bedrooms is $880, which is much lower than the national average of $1,430. Grocery costs in Nashville are also lower than the national average with an index value of 92 compared to 100. Additionally, Nashville has plenty of job opportunities due to its thriving business community which includes notable companies such as Ferris State University, Heritage Radio Corporation, and Nashco Manufacturing Inc. Furthermore, the area offers an affordable cost of living that makes it a desirable place to live.
Nashville has an unemployment rate of 4.9%. The US average is 6.0%.
Nashville has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.
Tax Rates for Nashville
- The Sales Tax Rate for Nashville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Nashville is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Nashville
- The average income of a Nashville resident is $25,530 a year. The US average is $37,638 a year.
- The Median household income of a Nashville resident is $42,813 a year. The US average is $69,021 a year.