Zip 37098 (Lyles, TN) Economy


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Lyles, TN is an attractive place to live with a population of 37098. It has a low cost of living compared to many other locations in the United States. The average rent for a two-bedroom apartment in Lyles is $770, which is about half of what it costs elsewhere in the US. The grocery cost index is also lower than the US average at 93 out of 100. There are many local businesses that make up the economy of Lyles, including banks, restaurants, retail stores, and medical providers. Living in Lyles offers residents a comfortable lifestyle at an affordable price.

Lyles (zip 37098) has an unemployment rate of 4.3%. The US average is 6.0%.

Lyles (zip 37098) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 44.7%, which is higher than the US average of 33.5%.

Tax Rates for Lyles (zip 37098)
- The Sales Tax Rate for Lyles (zip 37098) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Lyles (zip 37098) 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 Lyles (zip 37098)
- The average income of a Lyles (zip 37098) resident is $17,551 a year. The US average is $28,555 a year.
- The Median household income of a Lyles (zip 37098) resident is $50,858 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLyles, TennesseeUnited States
  4.36
  -5.6%-6.2%
  44.7%33.5%
  9.8%6.2%
  0.0%4.6%
  $43,692$37,638
  $50,858$69,021
  $51,266$85,028
  Population by Occupation
  2.9%1.2%
  0.5%0.5%
  9.3%6.8%
  15.2%10.0%
  1.8%2.5%
  10.4%11.0%
  6.4%4.8%
  0.0%0.8%
  0.0%1.9%
  6.1%4.7%
  0.0%1.9%
  1.3%7.6%
  0.0%0.1%
  1.0%4.2%
  8.2%9.3%
  18.8%14.0%
  0.0%2.1%
  6.1%7.0%
  10.6%4.8%
  1.3%4.7%
Health