Forest Hills, TN is a great place to live with an abundance of amenities. The average 2 bedroom rent in Forest Hills is $1,880 which is a significant increase from the average US 2 bedroom rent of $1,430. The grocery cost index in this area is also higher than the national average at 110 versus 100. There are many local businesses including restaurants, cafes, boutiques and supermarkets. Additionally, there are plenty of recreational activities such as parks and public spaces providing leisurely options for local residents. With its beautiful scenery and bustling atmosphere Forest Hills makes for an ideal location for those seeking a more vibrant lifestyle.
Forest Hills has an unemployment rate of 4.5%. The US average is 6.0%.
Forest Hills 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 Forest Hills
- The Sales Tax Rate for Forest Hills is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Forest Hills 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 Forest Hills
- The average income of a Forest Hills resident is $94,684 a year. The US average is $28,555 a year.
- The Median household income of a Forest Hills resident is $211,250 a year. The US average is $69,021 a year.