Zip 38352 (Luray, TN) Economy


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United States / Tennessee / Jackson Metro Area / Chester County / No City / Luray (zip 38352)
38352 Luray, TN is a small town located in Lawrence county, Tennessee. The population of the town is approximately 1,000 people. The cost of living in 38352 Luray, TN is quite affordable with a 2 bedroom rent at $860 compared to the US standard of $1,430. This low rent price makes it a great alternative to more expensive places like Nashville or Memphis. In addition, the Grocery Cost Index for 38352 Luray,TN is 93 versus 100 in the US making groceries more affordable than many other locations. This small but charming town has something for everyone and is a great option for those looking for an affordable place to call home. There are several local businesses including Walmart Supercenter, Dollar General Store, and Harveys Grocery store that can provide residents with all their needs.

Luray (zip 38352) has an unemployment rate of 4.4%. The US average is 6.0%.

Luray (zip 38352) has seen the job market decrease by -4.7% 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 Luray (zip 38352)
- The Sales Tax Rate for Luray (zip 38352) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Luray (zip 38352) 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 Luray (zip 38352)
- The average income of a Luray (zip 38352) resident is $24,147 a year. The US average is $37,638 a year.
- The Median household income of a Luray (zip 38352) resident is $40,163 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLuray, 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%
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