Zip 37083 (Lafayette, TN) Economy


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Lafayette, Tennessee, with zip code 37083, is an ideal place to live. The town has many local companies offering a variety of services and jobs for those looking to settle in the area. The 2-bedroom rent in Lafayette is $850 per month, which is significantly lower than the US average of $1,430 per month. Additionally, Lafayette also has a lower Grocery Cost Index than the US average at 94 versus 100. These factors make it easier to afford living in this beautiful town and provide great value for money when compared to other cities. All of these factors make Lafayette a great place to live and work.

Lafayette (zip 37083) has an unemployment rate of 4.8%. The US average is 6.0%.

Lafayette (zip 37083) has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 47.5%, which is higher than the US average of 33.5%.

Tax Rates for Lafayette (zip 37083)
- The Sales Tax Rate for Lafayette (zip 37083) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Lafayette (zip 37083) 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 Lafayette (zip 37083)
- The average income of a Lafayette (zip 37083) resident is $24,064 a year. The US average is $37,638 a year.
- The Median household income of a Lafayette (zip 37083) resident is $45,164 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLafayette, TennesseeUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Lafayette
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I notice that on the crime rates you have under the 'murder' rate in 2008 of 23 people. That is completely false. In the year 2008 a tornado killed 22 or 23 people.   More

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