Nashville, MO is an affordable community with a median 2 bedroom rent of $820 compared to the national average of $1,430. This makes it an attractive place for families and those looking to save money on housing. Additionally, grocery costs in Nashville are 6% lower than the US index which adds further convenience and savings to those living here.
The town boasts a variety of local businesses such as Nashville Lumber & Feed, Nashville Beauty Supply, Hensley's Lawn Equipment and Southern Missouri Bank. It also offers visitors a wide range of attractions like The Music Store which hosts live bluegrass music every week, The Depot Museum which houses historical artifacts from the area and the Pilot Knob State Park with its lush forests and trails. With its low cost of living and abundance of attractions, Nashville is an ideal destination for families looking for a budget-friendly getaway.
Nashville has an unemployment rate of 3.4%. The US average is 6.0%.
Nashville has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.
Tax Rates for Nashville
- The Sales Tax Rate for Nashville is 7.7%. The US average is 7.3%.
- The Income Tax Rate for Nashville is 5.9%. 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 $49,995 a year. The US average is $37,638 a year.
- The Median household income of a Nashville resident is $68,833 a year. The US average is $69,021 a year.