37172 Springfield, TN is a great place to live. The median rent for a 2 bedroom is $1,190 per month which is much lower than the US average of $1,430. Grocery costs in this area are also very reasonable with an index of 98 compared to 100 in the US. There are plenty of activities and businesses in the area including local favorites such as the Cedar Crest Brewery & Winery, Davey’s Good Times Restaurant, and All Occasions Florist. 37172 Springfield has something for everyone with its wide variety of amenities and inexpensive cost of living.
Springfield (zip 37172) has an unemployment rate of 4.1%. The US average is 6.0%.
Springfield (zip 37172) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 47.4%, which is higher than the US average of 33.5%.
Tax Rates for Springfield (zip 37172)
- The Sales Tax Rate for Springfield (zip 37172) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Springfield (zip 37172) 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 Springfield (zip 37172)
- The average income of a Springfield (zip 37172) resident is $21,642 a year. The US average is $28,555 a year.
- The Median household income of a Springfield (zip 37172) resident is $57,090 a year. The US average is $69,021 a year.