McLemoresville, TN is an affordable city to live in compared to the rest of the United States. The average rent for a two-bedroom apartment is only $740 per month, whereas the national average for a two-bedroom apartment is $1,430. Furthermore, groceries are significantly more affordable in McLemoresville as the Grocery Cost Index is 93 versus 100 in the US.
McLemoresville has many local companies and organizations that make the city unique including Tester and Roper Law Firm, Hot Rods Classic Cars & Parts Auto Body Shop, and First Baptist Church of McLemoresville. These businesses and organizations contribute to making McLemoresville a great place to live while also providing jobs for locals.
In my opinion, I believe McLemoresville is an exceptional place to call home with its affordability and thriving local businesses. It's definitely worth considering if you're looking for a comfortable yet fiscally responsible lifestyle!
McLemoresville has an unemployment rate of 5.7%. The US average is 6.0%.
McLemoresville has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.
Tax Rates for McLemoresville
- The Sales Tax Rate for McLemoresville is 9.8%. The US average is 7.3%.
- The Income Tax Rate for McLemoresville 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 McLemoresville
- The average income of a McLemoresville resident is $26,851 a year. The US average is $37,638 a year.
- The Median household income of a McLemoresville resident is $45,673 a year. The US average is $69,021 a year.