Shelbyville, TN is a charming city located in southern Tennessee. It is known for its friendly people, beautiful landscapes, and low cost of living. The average two bedroom rent in Shelbyville is only $1,400 a month compared to $1,430 in the US as a whole. In addition to affordable rent costs, grocery costs in Shelbyville are also lower than the US average with an index of 95 versus 100.
The city of Shelbyville has several businesses and employers that call it home. These include Hoover Metals Inc., D&D Bedding Company LLC, Quality Poultry Products Inc., Countryside Veterinary Services LLC, and Headrick Manufacturing Company Inc. All these companies contribute to the local economy while providing employment opportunities for residents.
Shelbyville has an unemployment rate of 5.2%. The US average is 6.0%.
Shelbyville has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 46.3%, which is higher than the US average of 33.5%.
Tax Rates for Shelbyville
- The Sales Tax Rate for Shelbyville is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Shelbyville 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 Shelbyville
- The average income of a Shelbyville resident is $20,174 a year. The US average is $37,638 a year.
- The Median household income of a Shelbyville resident is $45,160 a year. The US average is $69,021 a year.