Berry Hill, TN is a great place to live for its affordability. The average 2 bedroom rent in this town is $1,690 which is $260 lower than the US average of $1,430 making it more affordable for renters. Additionally, the Grocery Cost Index in Berry Hill, TN is at 104 versus 100 in the US showing that groceries are slightly more expensive than they are nationally. There are many local companies in Berry Hill such as Cedar Creek Market Place, Berry Hill Pizza, and Fred's Barbershop, providing residents with excellent places to shop and eat.
Berry Hill has an unemployment rate of 4.5%. The US average is 6.0%.
Berry Hill 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 48.3%, which is higher than the US average of 33.5%.
Tax Rates for Berry Hill
- The Sales Tax Rate for Berry Hill is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Berry Hill 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 Berry Hill
- The average income of a Berry Hill resident is $34,926 a year. The US average is $28,555 a year.
- The Median household income of a Berry Hill resident is $65,063 a year. The US average is $69,021 a year.