38305 Jackson, TN is a great place to live. The 2 bedroom rent in the area is $1,030, which is considerably less than the US average of $1430. The grocery cost index in Jackson is 95 versus 100 in the US, making groceries more affordable. Local companies include AutoZone, International Paper Company, and Tyson Foods Inc. AutoZone specializes in automobile parts and accessories while International Paper Company produces paper products for businesses around the world. Tyson Foods Inc. produces a variety of meat and poultry products for both retail and foodservice markets. With these affordable living costs and diverse local companies, 38305 Jackson is an ideal place to call home.
Jackson (zip 38305) has an unemployment rate of 5.5%. The US average is 6.0%.
Jackson (zip 38305) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.
Tax Rates for Jackson (zip 38305)
- The Sales Tax Rate for Jackson (zip 38305) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Jackson (zip 38305) 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 Jackson (zip 38305)
- The average income of a Jackson (zip 38305) resident is $32,206 a year. The US average is $37,638 a year.
- The Median household income of a Jackson (zip 38305) resident is $58,982 a year. The US average is $69,021 a year.