Medina, TN is a small town in Tennessee near the city of Jackson. It's a great place to live with low rental costs; a two bedroom apartment costs $1,030 per month on average compared to the US average of $1,430. The grocery cost index is also lower than the national average, coming in at 97 compared to 100. Living in Medina provides access to many amenities and services including local businesses such as Yates Pharmacy, Wilson Wealth Management Group, and Medina Fitness Center. There are also plenty of restaurants ranging from home-style cooking to international cuisine.
Medina has an unemployment rate of 5.1%. The US average is 6.0%.
Medina has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 36.6%, which is higher than the US average of 33.5%.
Tax Rates for Medina
- The Sales Tax Rate for Medina is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Medina 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 Medina
- The average income of a Medina resident is $23,484 a year. The US average is $28,555 a year.
- The Median household income of a Medina resident is $71,224 a year. The US average is $69,021 a year.