Lynchburg, TN Economy


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Lynchburg (Moore Cnty), TN is a small community located in the southeastern part of the state. It has a population of approximately 1000 people, making it an ideal place to settle down and enjoy the peace and quiet. The cost of living is low, with two bedroom rent in Lynchburg averaging $870 compared to the US average of $1,430. Additionally, groceries are more affordable here than in other parts of the US, with a grocery cost index of 97 versus 100.
Local companies like Moore County Bank and Lynchburg's General Store provide essential services to residents. There are also plenty of historical landmarks around town such as Lynchburg Square and St. Paul's Episcopal Church. For those who prefer outdoor activities, there are several parks and trails located nearby that offer scenic views for visitors to explore. All in all, Lynchburg (Moore Cnty), TN is a great place to live with many opportunities for relaxation and exploration.

Lynchburg has an unemployment rate of 3.6%. The US average is 6.0%.

Lynchburg has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 43.6%, which is higher than the US average of 33.5%.

Tax Rates for Lynchburg
- The Sales Tax Rate for Lynchburg is 9.4%. The US average is 7.3%.
- The Income Tax Rate for Lynchburg 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 Lynchburg
- The average income of a Lynchburg resident is $25,687 a year. The US average is $28,555 a year.
- The Median household income of a Lynchburg resident is $64,926 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLynchburg, TennesseeUnited States
  3.66
  -2.9%-6.2%
  43.6%33.5%
  9.5%6.2%
  0.0%4.6%
  $31,277$37,638
  $64,926$69,021
  $80,092$85,028
  Population by Occupation
  2.1%1.2%
  0.0%0.5%
  8.6%6.8%
  27.8%10.0%
  2.2%2.5%
  10.2%11.0%
  5.1%4.8%
  0.1%0.8%
  1.0%1.9%
  3.1%4.7%
  0.4%1.9%
  3.8%7.6%
  0.0%0.1%
  3.0%4.2%
  7.2%9.3%
  14.1%14.0%
  0.4%2.1%
  1.8%7.0%
  4.8%4.8%
  4.2%4.7%
Reviews for Lynchburg
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Over 12 years ago

We recently (3 years) have lived in the area mostly in the summer. I nlike no Wal Mart.no strip malls, no condos. The people here are friendly and would help u in a  More

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Over 13 years ago

Great place to live taxes are low and so is our crime rate. JD contributes alot to our economy. On the negative side we join Coffee County specificly the city of  More

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