38565 Grimsley, TN is a great place to live due to its low cost of living. With 2 bedroom rent in the area coming in at $860 per month compared to $1,430 nationally, there is plenty of potential for savings. Grocery costs are also favorable in this part of Tennessee with the index coming in at 91 as opposed to 100 in the US. Local businesses include J & C Family Restaurant, Grimsley Tire & Automotive Center, and Grimsley Post Office. In addition to these stores and services, Grimsley has access to nearby amenities such as shopping centers, grocery stores and parks. All these elements combine make 38565 Grimsley an attractive place to live while keeping costs down.
Grimsley (zip 38565) has an unemployment rate of 5.3%. The US average is 6.0%.
Grimsley (zip 38565) has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 33.6%, which is higher than the US average of 33.5%.
Tax Rates for Grimsley (zip 38565)
- The Sales Tax Rate for Grimsley (zip 38565) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Grimsley (zip 38565) 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 Grimsley (zip 38565)
- The average income of a Grimsley (zip 38565) resident is $21,289 a year. The US average is $37,638 a year.
- The Median household income of a Grimsley (zip 38565) resident is $46,845 a year. The US average is $69,021 a year.