Shelbyville, TN Metro Area is a bustling city with a cost of living that is much lower than the US average. The 2 bedroom rent in the area is $910 compared to $1,430 for the entire country. Additionally, the grocery cost index in Shelbyville is 97 versus 100 in the US. This makes it an attractive destination for those looking to save money without sacrificing quality of life. With businesses like Tyson Foods, GE Appliances, Wacker Polysilicon and many more, Shelbyville represents a great option for employment while still being able to appreciate the nearby attractions such as Beech Lake, Possum Hollow and Shelby Park.
Shelbyville Metro Area has an unemployment rate of 5.2%. The US average is 6.0%.
Shelbyville Metro Area has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 46.3%, which is higher than the US average of 33.5%.
Tax Rates for Shelbyville Metro Area
- The Sales Tax Rate for Shelbyville Metro Area is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Shelbyville 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 Shelbyville Metro Area
- The average income of a Shelbyville Metro Area resident is $19,855 a year. The US average is $28,555 a year.
- The Median household income of a Shelbyville Metro Area resident is $55,354 a year. The US average is $69,021 a year.