Hornsby, Tennessee (38044) has an average 2 bedroom rent of $780. This rent price is much lower than the U.S. average of $1,430. Grocery cost index in Hornsby is also lower than in the U.S., coming in at 90 versus 100. With such a low cost of living, companies looking to relocate or expand their business within the area should consider Hornsby as a great option! Local businesses that could benefit from these statistics include real estate developers, financial institutions, and rental property management firms such as Anchor Real Estate & Management and Turnkey Property Solutions. Other local businesses that may be interested are grocery stores such as Hornsby's General Store and insurance companies like The Insurance Spot.
Hornsby (zip 38044) has an unemployment rate of 7.3%. The US average is 6.0%.
Hornsby (zip 38044) 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 Hornsby (zip 38044)
- The Sales Tax Rate for Hornsby (zip 38044) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Hornsby (zip 38044) 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 Hornsby (zip 38044)
- The average income of a Hornsby (zip 38044) resident is $26,578 a year. The US average is $37,638 a year.
- The Median household income of a Hornsby (zip 38044) resident is $40,781 a year. The US average is $69,021 a year.