Lawrenceburg Metro Area, TN Economy


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United States / Tennessee / Lawrenceburg Metro Area / Counties / Cities / Zip Codes
Lawrenceburg, TN Metro Area is a great place to live for those looking for affordable housing and groceries. With a 2 bedroom rent of just $770 compared to the US average of $1430, residents can save a significant amount of money on housing costs. Additionally, grocery prices are considerably lower with an index score of 93 versus the national average of 100. Lawrenceburg is home to many local businesses including law firms such as Selby-Gilliland Law Firm and Mitchell & Mitchell, and other companies such as Teledyne Controls LLC and International Paper Company. The area's diverse economy also includes a wide range of retail stores, restaurants, and entertainment venues offering plenty to do in addition to taking advantage of the low cost of living.

Lawrenceburg Metro Area has an unemployment rate of 5.1%. The US average is 6.0%.

Lawrenceburg Metro Area has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.

Tax Rates for Lawrenceburg Metro Area
- The Sales Tax Rate for Lawrenceburg Metro Area is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Lawrenceburg Metro Area 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 Lawrenceburg Metro Area
- The average income of a Lawrenceburg Metro Area resident is $19,298 a year. The US average is $28,555 a year.
- The Median household income of a Lawrenceburg Metro Area resident is $45,721 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLawrenceburg, TennesseeUnited States
  5.16
  -4.4%-6.2%
  32.5%33.5%
  9.8%6.2%
  0.0%4.6%
  $24,426$37,638
  $45,721$69,021
  $59,511$85,028
  Population by Occupation
  3.3%1.2%
  0.1%0.5%
  8.3%6.8%
  20.6%10.0%
  0.8%2.5%
  12.8%11.0%
  5.7%4.8%
  1.9%0.8%
  1.3%1.9%
  3.4%4.7%
  0.6%1.9%
  1.6%7.6%
  0.0%0.1%
  2.5%4.2%
  7.5%9.3%
  14.8%14.0%
  0.3%2.1%
  5.3%7.0%
  4.6%4.8%
  4.6%4.7%
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