Waynesboro, TN Economy


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United States / Tennessee / No Metro Area / Wayne County / Waynesboro / Zip Codes
Waynesboro, TN is a quiet town located in the middle of Tennessee. It's known for its small-town charm and friendly locals. It is a great place to live because it offers a low cost of living compared to other cities in the state. The average two bedroom rent is only $740 per month, which is significantly less than the US average of $1,430. Additionally, the grocery cost index in Waynesboro is 93 versus 100 in the US. \nFor those looking for employment opportunities, there are plenty of local companies including 3M Manufacturing Company, Thayer Corporation, NHC Health Care Facility and more. Education can also be found in Waynesboro with many primary and secondary schools available as well as nearby universities like Middle Tennessee State University. Other points of interest include Barren Ridge Vineyards for wine tasting tours; Muddy Pond Sorghum Mill for delicious sorghum syrup; and Pickwick Landing State Park for outdoor activities like camping and fishing.

Waynesboro has an unemployment rate of 5.5%. The US average is 6.0%.

Waynesboro has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.

Tax Rates for Waynesboro
- The Sales Tax Rate for Waynesboro is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Waynesboro 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 Waynesboro
- The average income of a Waynesboro resident is $15,740 a year. The US average is $28,555 a year.
- The Median household income of a Waynesboro resident is $27,778 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaynesboro, TennesseeUnited States
  5.56
  -0.9%-6.2%
  27.7%33.5%
  9.8%6.2%
  0.0%4.6%
  $22,229$37,638
  $27,778$69,021
  $54,833$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  5.2%6.8%
  5.9%10.0%
  0.0%2.5%
  8.2%11.0%
  4.2%4.8%
  0.0%0.8%
  0.0%1.9%
  5.0%4.7%
  0.0%1.9%
  0.7%7.6%
  0.0%0.1%
  11.4%4.2%
  6.9%9.3%
  30.2%14.0%
  1.2%2.1%
  4.8%7.0%
  7.2%4.8%
  8.2%4.7%
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