Michie, TN is a small town located in McNairy County in the western part of Tennessee. The cost of living is relatively low compared to other cities in the U.S., with average rent for a 2-bedroom apartment being $740 compared to the national average of $1,430. Grocery store costs are also lower than the US average, with an index of 93 versus 100.
The town offers many modern amenities, such as a variety of restaurants and shopping centers. Popular local businesses include Michie Family Market, R & R Auto Sales and Service, and Michie Pharmacy. There’s also plenty of recreational activities available including parks, golf courses, and fishing spots. All in all, Michie makes for a great place to live or visit for those seeking a more laid-back lifestyle without compromising on comfort or convenience.
Michie has an unemployment rate of 7.4%. The US average is 6.0%.
Michie has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.
Tax Rates for Michie
- The Sales Tax Rate for Michie is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Michie 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 Michie
- The average income of a Michie resident is $24,751 a year. The US average is $37,638 a year.
- The Median household income of a Michie resident is $53,750 a year. The US average is $69,021 a year.