Paris Metro Area, TN Economy


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United States / Tennessee / Paris Metro Area / Counties / Cities / Zip Codes
equestId":"7b6b8ee0-33be-4a88-bf43-8ff345c07b9d","resource":"content","data":[{"id":"txt_e09277a38f1448b2a7bba75275cee408","text":"\nParis, TN Metro Area is a great place to live and work. The area has an affordable cost of living with the average two bedroom rent being $760, which is much lower than the national average of $1,430. The area also has a grocery cost index of 93 compared to the US index of 100. Several large companies have their headquarters in the Paris, TN Metro Area including First Tennessee Bank, Nissan North America, and Tyson Foods. There are numerous local businesses that contribute to the economy as well such as City Barbeque, Ozarka Water Company, and World Soccer Outlet & Bar.

Paris Metro Area has an unemployment rate of 5.6%. The US average is 6.0%.

Paris Metro Area has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Paris Metro Area
- The Sales Tax Rate for Paris Metro Area is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Paris 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 Paris Metro Area
- The average income of a Paris Metro Area resident is $21,941 a year. The US average is $28,555 a year.
- The Median household income of a Paris Metro Area resident is $43,444 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyParis, TennesseeUnited States
  5.66
  -6.9%-6.2%
  32.7%33.5%
  9.8%6.2%
  0.0%4.6%
  $24,949$37,638
  $43,444$69,021
  $57,600$85,028
  Population by Occupation
  2.9%1.2%
  0.2%0.5%
  7.6%6.8%
  16.7%10.0%
  2.9%2.5%
  12.3%11.0%
  6.0%4.8%
  1.0%0.8%
  2.0%1.9%
  4.4%4.7%
  1.3%1.9%
  3.8%7.6%
  0.2%0.1%
  1.6%4.2%
  5.7%9.3%
  13.3%14.0%
  1.1%2.1%
  8.4%7.0%
  4.5%4.8%
  4.0%4.7%
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