Grimsley, TN is a small town in Tennessee that is known for its affordable living. The 2 bedroom rent in Grimsley is $830, which is much lower than the US average of $1,430. This makes it an attractive option for those looking to save money on rent. Additionally, the Grocery Cost Index in Grimsley is 92 versus 100 in the US, making groceries more affordable as well. There are many local businesses in Grimsley such as Joe's Bakery and B&B Automotive Repair that provide quality services and amenities to residents. There are also plenty of parks and green spaces throughout the city for outdoor recreation. All of this combined makes Grimsley a great place to live while still remaining budget-friendly.
Grimsley has an unemployment rate of 5.3%. The US average is 6.0%.
Grimsley has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 33.6%, which is higher than the US average of 33.5%.
Tax Rates for Grimsley
- The Sales Tax Rate for Grimsley is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Grimsley 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 Grimsley
- The average income of a Grimsley resident is $15,570 a year. The US average is $37,638 a year.
- The Median household income of a Grimsley resident is $47,321 a year. The US average is $69,021 a year.