Clarksville, TN is a mid-sized city in the state of Tennessee which offers a vibrant economic landscape and affordable cost of living. The average 2 bedroom rent in Clarksville is $1,050 compared to the US average of $1,430. Additionally, the grocery cost index in Clarksville is 96 versus 100 in the US, making it an attractive destination for people looking for value for money when considering different places to live. There are many local businesses in Clarksville that cater to all kinds of needs and interests. Notable companies include Bridgestone Tires, CDE Lightband, and F&M Bank. With its lower cost of living than many other cities across the country, Clarksville provides an excellent environment for working professionals or those looking to move their families into a great community.
Clarksville has an unemployment rate of 6.2%. The US average is 6.0%.
Clarksville has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 36.8%, which is higher than the US average of 33.5%.
Tax Rates for Clarksville
- The Sales Tax Rate for Clarksville is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Clarksville 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 Clarksville
- The average income of a Clarksville resident is $21,395 a year. The US average is $28,555 a year.
- The Median household income of a Clarksville resident is $58,838 a year. The US average is $69,021 a year.