Chapel Hill, TN with zip code 37034 is a small city located in Marshall County. With a population of around 5,500 people and a low cost of living, Chapel Hill is a popular destination for those looking for an affordable place to live. The median two-bedroom rent is $780, which is much lower than the US average of $1,430. According to the Grocery Cost Index, the cost of groceries in this area is 98 versus 100 for the US as a whole. There are numerous local businesses in Chapel Hill like A&A Auto Parts, The Music Store and Oaks Art Gallery & Framing that serve the needs of its residents. Additionally, there are plenty of recreation activities such as golf courses and parks. All in all, Chapel Hill has something to offer everyone; it's a great place to call home.
Chapel Hill (zip 37034) has an unemployment rate of 4.9%. The US average is 6.0%.
Chapel Hill (zip 37034) has seen the job market decrease by -8.1% over the last year. Future job growth over the next ten years is predicted to be 46.4%, which is higher than the US average of 33.5%.
Tax Rates for Chapel Hill (zip 37034)
- The Sales Tax Rate for Chapel Hill (zip 37034) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Chapel Hill (zip 37034) 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 Chapel Hill (zip 37034)
- The average income of a Chapel Hill (zip 37034) resident is $28,850 a year. The US average is $37,638 a year.
- The Median household income of a Chapel Hill (zip 37034) resident is $71,086 a year. The US average is $69,021 a year.