Zip 37355 (Manchester, TN) Economy


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Manchester, Tennessee (37355) is a small town located in the central part of the state. It has a population of about 7,000 people and offers an affordable 2 Bedroom rent at $1,020 per month compared to the US average of $1,430. Grocery costs in Manchester are also more affordable than the national average with an index of 96 compared to 100. Manchester is home to several local businesses such as Kelly’s Auto Parts Store, Franklin's Barbecue Restaurant and The Shack Antique Mall. These businesses provide quality goods and services for locals and visitors alike at competitive prices when compared to their counterparts on the national level.

Manchester (zip 37355) has an unemployment rate of 4.9%. The US average is 6.0%.

Manchester (zip 37355) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 40.2%, which is higher than the US average of 33.5%.

Tax Rates for Manchester (zip 37355)
- The Sales Tax Rate for Manchester (zip 37355) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Manchester (zip 37355) 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 Manchester (zip 37355)
- The average income of a Manchester (zip 37355) resident is $20,531 a year. The US average is $28,555 a year.
- The Median household income of a Manchester (zip 37355) resident is $55,783 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyManchester, TennesseeUnited States
  4.96
  -4.8%-6.2%
  40.2%33.5%
  9.8%6.2%
  0.0%4.6%
  $26,194$37,638
  $55,783$69,021
  $62,904$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  8.3%6.8%
  26.2%10.0%
  4.1%2.5%
  8.3%11.0%
  3.2%4.8%
  1.0%0.8%
  0.5%1.9%
  3.8%4.7%
  1.6%1.9%
  4.2%7.6%
  0.2%0.1%
  2.9%4.2%
  8.3%9.3%
  9.5%14.0%
  0.5%2.1%
  9.1%7.0%
  3.2%4.8%
  4.7%4.7%
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