Minor Hill, TN is a small town located in Giles County. It is home to many local businesses and attractions such as the Minor Hill Country Store, Lakeview Drive-In Theatre, and Gristmill Farm. The cost of living in Minor Hill is attractive compared to other areas in the US with 2 bedroom rents significantly lower at $750 compared to the US average of $1,430. Grocery cost index in Minor Hill also fares better at 93 versus 100 in the US. People looking for a peaceful, affordable place to live should consider Minor Hill as an option.
Minor Hill has an unemployment rate of 4.8%. The US average is 6.0%.
Minor Hill has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 44.9%, which is higher than the US average of 33.5%.
Tax Rates for Minor Hill
- The Sales Tax Rate for Minor Hill is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Minor Hill 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 Minor Hill
- The average income of a Minor Hill resident is $19,254 a year. The US average is $37,638 a year.
- The Median household income of a Minor Hill resident is $39,375 a year. The US average is $69,021 a year.