Friendship, Tennessee (38034) is a small town in the Crockett Country region of West Tennessee. It has an estimated population of 1,807 people, with a median age of 35 years old. The cost of living in Friendship is affordable compared to the US average and 2-bedroom rental costs are only around $740 per month. Grocery Cost Index here is 91, which is much lower than 100 in the US average.
Friendship is home to many local businesses including Crockett County Farm Supply, H&R Service and Repair, Crossroads Barbeque and Grill, and the Lucky Dog Pet Salon. There are also several churches and museums in Friendship such as Friendship Baptist Church and the Joe Bob Williams Museum. Residents of this quaint town enjoy small-town life while still having easy access to larger cities like Memphis or Nashville for employment or entertainment opportunities.
Friendship (zip 38034) has an unemployment rate of 5.0%. The US average is 6.0%.
Friendship (zip 38034) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.
Tax Rates for Friendship (zip 38034)
- The Sales Tax Rate for Friendship (zip 38034) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Friendship (zip 38034) 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 Friendship (zip 38034)
- The average income of a Friendship (zip 38034) resident is $17,316 a year. The US average is $28,555 a year.
- The Median household income of a Friendship (zip 38034) resident is $48,700 a year. The US average is $69,021 a year.