New Deal, TN Economy


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New Deal, TN is a vibrant town with a wide range of local companies and amenities available. Located just outside of Nashville, it's a great place to call home. Two bedroom rent in New Deal is lower than the US average at $1,200 versus $1,430. The cost of living overall is lower too, as evidenced by the Grocery Cost Index which stands at 99 in New Deal compared to 100 in the US. Popular local businesses like National Bank of Tennessee, KFC, and Dollar General mean that basic needs are all close by. There are also plenty of recreational activities such as golf courses and parks nearby for families to enjoy too. All in all, New Deal offers an affordable cost of living with many local amenities easily accessible - making it an ideal place to call home!

New Deal has an unemployment rate of 4.3%. The US average is 6.0%.

New Deal has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 51.4%, which is higher than the US average of 33.5%.

Tax Rates for New Deal
- The Sales Tax Rate for New Deal is 9.3%. The US average is 7.3%.
- The Income Tax Rate for New Deal 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 New Deal
- The average income of a New Deal resident is $35,008 a year. The US average is $37,638 a year.
- The Median household income of a New Deal resident is $64,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Deal, TennesseeUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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