38042 Hickory Valley, TN is an affordable place to live with a 2 bedroom rent of only $820 compared to the US average of $1,430. It is located close to many local companies such as Hickory Valley Auto Sales, Cumberland Log Homes and Fayetteville Auto Parts. The city is also near to other nearby towns including Lynchburg, which is only 5 miles away, Tullahoma which is 24 miles away and Shelbyville at 33 miles. This makes it convenient for those who want access to larger towns while still enjoying the quiet life of a smaller one.
Hickory Valley (zip 38042) has an unemployment rate of 7.3%. The US average is 6.0%.
Hickory Valley (zip 38042) 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 Hickory Valley (zip 38042)
- The Sales Tax Rate for Hickory Valley (zip 38042) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Hickory Valley (zip 38042) 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 Hickory Valley (zip 38042)
- The average income of a Hickory Valley (zip 38042) resident is $31,139 a year. The US average is $37,638 a year.
- The Median household income of a Hickory Valley (zip 38042) resident is $40,750 a year. The US average is $69,021 a year.