Hohenwald, Tennessee is a beautiful small city located about an hour south of Nashville. The city has a population of 38462 and has seen recent population growth due to its close proximity to larger cities. The average rent for two-bedroom apartments in Hohenwald is $810 USD, while the average rent for two-bedroom apartments in the U.S. is $1,430 USD. In addition, grocery costs in Hohenwald are 93 points compared to the 100-point national index.
The city of Hohenwald is home to many great local companies such as Martin & Company Real Estate, Southside Grocery Store, and Main Street Mercantile. There are also many large companies with operations in the area such as Wilson Bank & Trust and Caterpillar Financial Services Corporation. Hohenwald also boasts a number of locally owned restaurants including Mulligans Cafe and Country Club Grill & Bar that draw locals from all over Middle Tennessee to enjoy their unique dining experiences.
Hohenwald (zip 38462) has an unemployment rate of 5.3%. The US average is 6.0%.
Hohenwald (zip 38462) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.
Tax Rates for Hohenwald (zip 38462)
- The Sales Tax Rate for Hohenwald (zip 38462) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Hohenwald (zip 38462) 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 Hohenwald (zip 38462)
- The average income of a Hohenwald (zip 38462) resident is $17,784 a year. The US average is $28,555 a year.
- The Median household income of a Hohenwald (zip 38462) resident is $37,607 a year. The US average is $69,021 a year.