Zip 37018 (Beechgrove, TN) Economy


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Beechgrove, Tennessee (37018) is a small town located in Coffee County. The population of Beechgrove is about 1,400 people. It is known for its affordable cost of living and nearby local businesses. The 2 bedroom rent in Beechgrove comes to $1,060 which is significantly lower than the US average of $1,430. Additionally, grocery cost index in Beechgrove is 96 versus 100 in the US. There are plenty of local companies for residents of Beechgrove to explore such as Coffee County Veterinary Clinic, Dixie Landscaping & Garden Center, and Bankston Garage Doors. Due to its low living costs and convenient amenities, Beechgrove is an ideal place to live for those looking for an affordable yet comfortable lifestyle.

Beechgrove (zip 37018) has an unemployment rate of 4.9%. The US average is 6.0%.

Beechgrove (zip 37018) 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 40.2%, which is higher than the US average of 33.5%.

Tax Rates for Beechgrove (zip 37018)
- The Sales Tax Rate for Beechgrove (zip 37018) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Beechgrove (zip 37018) 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 Beechgrove (zip 37018)
- The average income of a Beechgrove (zip 37018) resident is $22,134 a year. The US average is $28,555 a year.
- The Median household income of a Beechgrove (zip 37018) resident is $52,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeechgrove, TennesseeUnited States
  4.96
  -4.8%-6.2%
  40.2%33.5%
  9.8%6.2%
  0.0%4.6%
  $19,402$37,638
  $52,667$69,021
  $64,511$85,028
  Population by Occupation
  4.6%1.2%
  0.0%0.5%
  6.0%6.8%
  11.9%10.0%
  7.0%2.5%
  17.3%11.0%
  1.3%4.8%
  0.4%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  8.0%7.6%
  0.0%0.1%
  3.3%4.2%
  14.7%9.3%
  8.9%14.0%
  0.0%2.1%
  11.1%7.0%
  4.9%4.8%
  0.6%4.7%
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