Walden, TN Economy


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Walden, TN is a small town located near Nashville. It's known for its quiet atmosphere and friendly people. The cost of living in Walden is lower than the national average, with two bedroom rent at $1,360 compared to the US average of $1,430. Grocery costs are also lower in Walden with a grocery cost index of 104 versus 100 in the US. In addition to low living costs, Walden has a variety of local businesses such as J & W Lumber Company, Precision Tool Company, and Reese Brothers Trucking that offer employment opportunities to locals. All in all, Walden is a wonderful place to live for those looking for affordability without sacrificing quality of life.

Walden has an unemployment rate of 4.8%. The US average is 6.0%.

Walden has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 46.0%, which is higher than the US average of 33.5%.

Tax Rates for Walden
- The Sales Tax Rate for Walden is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Walden 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 Walden
- The average income of a Walden resident is $56,719 a year. The US average is $28,555 a year.
- The Median household income of a Walden resident is $120,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWalden, TennesseeUnited States
  4.86
  -5.5%-6.2%
  46.0%33.5%
  9.3%6.2%
  0.0%4.6%
  $67,936$37,638
  $120,000$69,021
  $154,205$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.6%6.8%
  11.8%10.0%
  1.0%2.5%
  7.0%11.0%
  2.9%4.8%
  1.1%0.8%
  1.2%1.9%
  7.0%4.7%
  2.9%1.9%
  12.5%7.6%
  0.5%0.1%
  5.8%4.2%
  6.0%9.3%
  17.4%14.0%
  2.3%2.1%
  2.6%7.0%
  7.6%4.8%
  2.9%4.7%
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