38023 Drummonds, TN is located in a beautiful area with many local businesses. It is a great place to live due to its low cost of living. The 2 bedroom rent for the area is $1,020, which is much lower than the US average of $1,430. The grocery cost index in 38023 Drummonds, TN is 95 versus 100 in the US. In 38023 Drummonds there are several notable local businesses such as Clover Leaf Dairy LLC, Eller's Flea Market & Auction, and Bumpus Harley Davidson. These businesses attract people from all over the region and contribute to the local economy.
Drummonds (zip 38023) has an unemployment rate of 5.2%. The US average is 6.0%.
Drummonds (zip 38023) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Drummonds (zip 38023)
- The Sales Tax Rate for Drummonds (zip 38023) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Drummonds (zip 38023) 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 Drummonds (zip 38023)
- The average income of a Drummonds (zip 38023) resident is $21,787 a year. The US average is $28,555 a year.
- The Median household income of a Drummonds (zip 38023) resident is $62,255 a year. The US average is $69,021 a year.