Located in the town of Michie, Tennessee, 38357 is a wonderful place to call home. With a population of just over 500 people, this small rural community provides a peaceful environment with all the benefits of small-town living. The average two bedroom rent in 38357 is $740, which is much lower than the national average rent of $1,430. Additionally, the Grocery Cost Index in Michie is 93 versus 100 in the US. This makes it an affordable area to live. \nSome of the local businesses that residents can enjoy include but are not limited to: Double M Convenience Store; Benjamin’s Automotive; and Second Chance Thrift Store. These businesses provide services and products for many people who visit or live in Michie. From groceries to automotive needs, these establishments offer everything needed to make life enjoyable in Michie. \nIn conclusion, 38357 Michie Tennessee is an excellent place to call home due to its low cost of living and friendly atmosphere. With a variety of local businesses at your disposal as well as a small population size that promotes peace and tranquility, you’ll feel right at home here!
Michie (zip 38357) has an unemployment rate of 7.4%. The US average is 6.0%.
Michie (zip 38357) has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.
Tax Rates for Michie (zip 38357)
- The Sales Tax Rate for Michie (zip 38357) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Michie (zip 38357) 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 Michie (zip 38357)
- The average income of a Michie (zip 38357) resident is $14,684 a year. The US average is $28,555 a year.
- The Median household income of a Michie (zip 38357) resident is $50,300 a year. The US average is $69,021 a year.