Zip 38232 (Hornbeak, TN) Economy


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38232 Hornbeak, TN is a town located in Obion County, Tennessee. The estimated population is 1,044 people as of 2019, making it a small, tight-knit community. The average 2 bedroom rent rate in Hornbeak is $760 which is considerably lower than the national average of $1,430. Grocery costs are also very reasonable in this area with an index of 89 compared with 100 for the US.
Hornbeak offers its residents plenty of amenities and access to a variety of local businesses and services. Notable places include the Hornbeak Discount Pharmacy, Hornbeak Restaurant & Bar, Firehouse Pizzeria & Grille, Dollar General Store, Obion County Hardware and more. There are also a few parks with playgrounds and picnic areas for public use located nearby.
Altogether 38232 Hornbeak, TN is an affordable yet modern town that provides its citizens with ample opportunity to enjoy much-needed services while also allowing them to maintain their small city charm.

Hornbeak (zip 38232) has an unemployment rate of 6.1%. The US average is 6.0%.

Hornbeak (zip 38232) has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.

Tax Rates for Hornbeak (zip 38232)
- The Sales Tax Rate for Hornbeak (zip 38232) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Hornbeak (zip 38232) 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 Hornbeak (zip 38232)
- The average income of a Hornbeak (zip 38232) resident is $18,130 a year. The US average is $28,555 a year.
- The Median household income of a Hornbeak (zip 38232) resident is $40,784 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHornbeak, TennesseeUnited States
  6.16
  -4.6%-6.2%
  23.2%33.5%
  9.8%6.2%
  0.0%4.6%
  $20,757$37,638
  $40,784$69,021
  $44,648$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  21.1%6.8%
  21.7%10.0%
  5.2%2.5%
  8.1%11.0%
  5.2%4.8%
  0.6%0.8%
  0.0%1.9%
  0.0%4.7%
  0.3%1.9%
  0.7%7.6%
  0.0%0.1%
  3.7%4.2%
  8.4%9.3%
  11.3%14.0%
  0.4%2.1%
  3.5%7.0%
  3.3%4.8%
  5.1%4.7%
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