Zip 38460 (Goodspring, TN) Economy


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United States / Tennessee / No Metro Area / Giles County / Goodspring / Goodspring (zip 38460)
Goodspring, Tennessee is a small rural town with a population of just 38460 people. In addition to its beautiful scenery and quiet atmosphere, Goodspring also boasts an affordable cost of living. The average two-bedroom rent in the area is $770 per month - considerably lower than the national average of $1,430. Similarly, the Grocery Cost Index in Goodspring is 92 compared to 100 in the US.
There are several companies that serve residents of Goodspring, Tennessee. These include Crickett’s Country Store, which offers groceries as well as home goods; Robinson’s Auto Repair & Tires for car maintenance services; and MSC Tire & Exhaust for all tire needs. There is also Kooper’s Barbershop offering haircuts and other grooming services; JB's Body Shop specializing in auto body repair and paint jobs; and finally Southern Roots Floral Design for floral arrangements needed for any special occasion. All these companies offer top-notch services to help meet the needs of Goodspring’s residents at an affordable cost.

Goodspring (zip 38460) has an unemployment rate of 4.8%. The US average is 6.0%.

Goodspring (zip 38460) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 44.9%, which is higher than the US average of 33.5%.

Tax Rates for Goodspring (zip 38460)
- The Sales Tax Rate for Goodspring (zip 38460) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Goodspring (zip 38460) 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 Goodspring (zip 38460)
- The average income of a Goodspring (zip 38460) resident is $18,292 a year. The US average is $28,555 a year.
- The Median household income of a Goodspring (zip 38460) resident is $66,071 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGoodspring, TennesseeUnited States
  4.86
  -7.3%-6.2%
  44.9%33.5%
  9.5%6.2%
  0.0%4.6%
  $39,576$37,638
  $66,071$69,021
  $108,152$85,028
  Population by Occupation
  2.0%1.2%
  0.0%0.5%
  11.5%6.8%
  9.9%10.0%
  2.2%2.5%
  4.5%11.0%
  43.1%4.8%
  0.0%0.8%
  0.0%1.9%
  1.7%4.7%
  0.0%1.9%
  5.8%7.6%
  0.0%0.1%
  1.9%4.2%
  3.5%9.3%
  6.4%14.0%
  0.0%2.1%
  2.0%7.0%
  4.1%4.8%
  1.3%4.7%
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