Castalian Springs, TN Economy


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Castalian Springs, TN is a small town nestled in the rolling hills of Middle Tennessee. It is an ideal place for those looking for a peaceful environment with access to nature and outdoor activities. The cost of living here is also relatively low compared to other places in the United States; two bedroom rent averages at $1210 while the national average is $1430. Grocery shopping is also surprisingly inexpensive as well with an index score of 99 compared to the US average of 100.
The town has numerous local businesses that contribute to its economy including Country Boy Produce & Bakery, Castalian Springs Market & Deli, Elsie's Barbecue, Lazy Susan's Cafe, and Little Creek Farm & Nursery. With such a variety of establishments, there are many job opportunities available for those searching for employment within Castalian Springs. Positions range from retail sales associates to food service workers, all offering competitive wages and benefits to their employees.

Castalian Springs has an unemployment rate of 4.3%. The US average is 6.0%.

Castalian Springs has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 51.4%, which is higher than the US average of 33.5%.

Tax Rates for Castalian Springs
- The Sales Tax Rate for Castalian Springs is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Castalian Springs 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 Castalian Springs
- The average income of a Castalian Springs resident is $34,472 a year. The US average is $37,638 a year.
- The Median household income of a Castalian Springs resident is $86,071 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCastalian Springs, TennesseeUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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