Greenfield, TN is a small town with a population of approximately 4,000 people. Despite its size, it boasts many local businesses including Greenfield Hardware Store and Greenfield Auto. The cost of living in Greenfield is quite affordable. Specifically, 2 bedroom rent in Greenfield, TN is $760 versus $1,430 across the United States. Additionally, the Grocery Cost Index in Greenfield is 88 compared to 100 across the country. This suggests that grocery items are generally more affordable than the national average. All in all, Greenfield offers an excellent quality of life and affordability unmatched by most areas around the country.
Greenfield has an unemployment rate of 4.6%. The US average is 6.0%.
Greenfield 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 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Greenfield
- The Sales Tax Rate for Greenfield is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Greenfield 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 Greenfield
- The average income of a Greenfield resident is $18,776 a year. The US average is $37,638 a year.
- The Median household income of a Greenfield resident is $36,127 a year. The US average is $69,021 a year.