Winchester, TN is a small city located in Franklin County. It is known for its low cost of living and affordable rent. The average two bedroom rental in Winchester is $670 versus the US average of $1,430. This makes it a great option for people looking to save money on housing expenses. Additionally, the Grocery Cost Index in Winchester is 96 compared to the US average of 100, which means groceries in this city are even more affordable.
Winchester has a few local companies that make it unique. There is Chanticlear Pizza, where you can get homemade pizza and craft beer, plus an outdoor patio for nice days. The Great American Outdoor Store offers hunting and fishing gear along with camping equipment and apparel for outdoorsy types who love spending time in nature. Lastly, Sam's Stables offers horse-riding lessons as well as horse boarding services if you're interested in riding horses professionally or just want to enjoy the experience of being around animals. In addition to these great businesses, Winchester also hosts local events like the Annual Apple Festival and the Pumpkin Festival that draw many visitors every year from neighboring towns and cities.
Winchester has an unemployment rate of 4.6%. The US average is 6.0%.
Winchester has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.
Tax Rates for Winchester
- The Sales Tax Rate for Winchester is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Winchester 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 Winchester
- The average income of a Winchester resident is $24,461 a year. The US average is $28,555 a year.
- The Median household income of a Winchester resident is $51,870 a year. The US average is $69,021 a year.