Jackson, Tennessee is a vibrant city located in the western part of the state. It has a population of over 66,000 people and is known for its rich history, outstanding culture, and scenic beauty. The city is home to many famous companies such as FedEx, Nissan, AutoZone, International Paper Company and Coca-Cola Bottling Co. There are also numerous attractions in the area that include the beautiful Jackson Square Park, the historical Ridgetop Mansion and a vibrant downtown area full of shops and restaurants. Visitors can explore an array of activities such as shopping at The West Town Mall or visiting some of the local breweries. With its low 2 bedroom rent of $870 compared to national prices and grocery cost index of 92 versus 100 in US, Jackson is a great place to live or visit for all budgets.
Jackson Metro Area has an unemployment rate of 5.0%. The US average is 6.0%.
Jackson Metro Area has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 40.0%, which is higher than the US average of 33.5%.
Tax Rates for Jackson Metro Area
- The Sales Tax Rate for Jackson Metro Area is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Jackson 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 Jackson Metro Area
- The average income of a Jackson Metro Area resident is $26,971 a year. The US average is $37,638 a year.
- The Median household income of a Jackson Metro Area resident is $51,304 a year. The US average is $69,021 a year.