Zip 37087 (Lebanon, TN) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Lebanon, TN (37087) is a great place to call home. The 2 Bedroom rent in Lebanon is a more affordable $1,170 compared to the US average of $1,430. Additionally, the grocery cost index in Lebanon is 100- making it equal to the national average.
Though small in population size, there are plenty of local companies and amenities that make Lebanon a great place for families and individuals. Popular local businesses include Porter Hardware & Paint Center, Cracker Barrel Old Country Store, Supercuts Hair Salon, and Anna's Mexican Restaurant. Families have access to plenty of outdoor activities with local parks like Cedar Creek Park and Ft Negley Park. Living in Lebanon also puts you close to city center Nashville which is only 25 miles away with plenty of big city options such as restaurants, shopping centers, music venues, museums and more.

Lebanon (zip 37087) has an unemployment rate of 5.0%. The US average is 6.0%.

Lebanon (zip 37087) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 53.2%, which is higher than the US average of 33.5%.

Tax Rates for Lebanon (zip 37087)
- The Sales Tax Rate for Lebanon (zip 37087) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Lebanon (zip 37087) 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 Lebanon (zip 37087)
- The average income of a Lebanon (zip 37087) resident is $35,176 a year. The US average is $37,638 a year.
- The Median household income of a Lebanon (zip 37087) resident is $68,508 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLebanon, 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%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.