Grand Junction is an unincorporated community located in Fayette County, Tennessee. The estimated population of 38039 Grand Junction is 4,964 and the median household income is $62,117. This makes it a great place for families to settle down or those looking for a peaceful place to retire. The average rent for a 2 bedroom apartment in Grand Junction is $820 which is much lower than the US average of $1,430. In addition, grocery costs are also lower being at 91 compared to the US index of 100.
The area around Grand Junction is home to several employers such as Methodist Healthcare-Fayette Hospital, Kroger Distribution Center and Fayette Light & Power Plant. Additionally, many local businesses can be found in downtown Grand Junction including several restaurants, a few boutiques and convenience stores. There are even some small festivals throughout the year that bring the community together.
Grand Junction (zip 38039) has an unemployment rate of 7.3%. The US average is 6.0%.
Grand Junction (zip 38039) has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Grand Junction (zip 38039)
- The Sales Tax Rate for Grand Junction (zip 38039) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Grand Junction (zip 38039) 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 Grand Junction (zip 38039)
- The average income of a Grand Junction (zip 38039) resident is $19,268 a year. The US average is $37,638 a year.
- The Median household income of a Grand Junction (zip 38039) resident is $39,172 a year. The US average is $69,021 a year.