Zip 38552 (Chestnut Mound, TN) Economy


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38552 Chestnut Mound, TN is a great place to live. With an average two bedroom rent of $790, it is more affordable than the US average rent of $1,430. The area also has a low grocery cost index of 98 compared to the US index of 100. This makes living in Chestnut Mound very economical. Living in 38552 Chestnut Mound comes with many local companies and amenities. Residents can find local book stores such as Toad's Book Store, cafes like Java Junction Cafe for coffee and pastries, and even top-rated restaurants like the Sweet Nola's Restaurant. Other services include banks such as Bank of America and Wells Fargo, medical centers such as Upper Cumberland Medical Center, as well as fitness centers like CrossFit One Nation. In short, 38552 Chestnut Mound offers something for everyone!

Chestnut Mound (zip 38552) has an unemployment rate of 4.6%. The US average is 6.0%.

Chestnut Mound (zip 38552) 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 47.4%, which is higher than the US average of 33.5%.

Tax Rates for Chestnut Mound (zip 38552)
- The Sales Tax Rate for Chestnut Mound (zip 38552) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Chestnut Mound (zip 38552) 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 Chestnut Mound (zip 38552)
- The average income of a Chestnut Mound (zip 38552) resident is $33,500 a year. The US average is $28,555 a year.
- The Median household income of a Chestnut Mound (zip 38552) resident is $55,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChestnut Mound, TennesseeUnited States
  4.66
  -5.6%-6.2%
  47.4%33.5%
  9.8%6.2%
  0.0%4.6%
  $21,069$37,638
  $55,000$69,021
  $73,875$85,028
  Population by Occupation
  0.0%1.2%
  7.5%0.5%
  6.3%6.8%
  8.8%10.0%
  0.0%2.5%
  30.0%11.0%
  23.8%4.8%
  0.0%0.8%
  0.0%1.9%
  8.8%4.7%
  6.3%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  8.8%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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