Scotts Hill, TN is a small town located north of Memphis. It offers a peaceful atmosphere with plenty of opportunities for outdoor activities. The population of Scotts Hill is about 5,000 people and most residents are employed in small businesses such as farming, retail stores, restaurants, and other local services. The rental costs are quite affordable in Scotts Hill compared to other parts of the US; for example, two bedroom rent averages at $760 per month whereas it’s $1,430 nationally. Grocery price index in the town is also low at 92 versus 100 across the country.
The job market in Scotts Hill is limited but there are still several employers here including Tucker Industries which specializes in manufacturing auto parts, Shelby Poultry which produces eggs and chicken products, Express Home Care Services providing home health care services, and Oakridge Business Solutions offering IT solutions to local businesses. Despite its small size Scotts Hill offers employment options to its residents and surrounding areas.
Scotts Hill has an unemployment rate of 5.2%. The US average is 6.0%.
Scotts Hill has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Scotts Hill
- The Sales Tax Rate for Scotts Hill is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Scotts 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 Scotts Hill
- The average income of a Scotts Hill resident is $19,253 a year. The US average is $37,638 a year.
- The Median household income of a Scotts Hill resident is $33,980 a year. The US average is $69,021 a year.