Zip 38355 (Medina, TN) Economy


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United States / Tennessee / No Metro Area / Gibson County / Medina / Medina (zip 38355)
38355 Medina, TN is a small town located in the greater Nashville metropolitan area. The average cost of a two-bedroom rental in 38355 Medina, TN is $1,050 per month, which is significantly lower than the national average of $1,430 for the same size unit. This makes it an attractive option for individuals or families looking to save money on housing expenses. Local businesses in 38355 Medina, TN include Bluebird Cafe & Restaurant, B&B Market & Deli, and Crossroads Cafe & Bakery. Furthermore, this area has a Grocery Cost Index that is slightly lower than the US at 97 versus 100 respectively - providing further savings for local residents.

Medina (zip 38355) has an unemployment rate of 5.1%. The US average is 6.0%.

Medina (zip 38355) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 36.6%, which is higher than the US average of 33.5%.

Tax Rates for Medina (zip 38355)
- The Sales Tax Rate for Medina (zip 38355) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Medina (zip 38355) 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 Medina (zip 38355)
- The average income of a Medina (zip 38355) resident is $26,363 a year. The US average is $28,555 a year.
- The Median household income of a Medina (zip 38355) resident is $84,510 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMedina, TennesseeUnited States
  5.16
  -3.8%-6.2%
  36.6%33.5%
  9.8%6.2%
  0.0%4.6%
  $31,832$37,638
  $84,510$69,021
  $93,738$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  6.3%6.8%
  14.8%10.0%
  7.4%2.5%
  8.3%11.0%
  6.7%4.8%
  2.3%0.8%
  3.8%1.9%
  5.7%4.7%
  0.0%1.9%
  5.9%7.6%
  0.6%0.1%
  3.0%4.2%
  7.0%9.3%
  11.7%14.0%
  0.4%2.1%
  4.9%7.0%
  6.9%4.8%
  4.2%4.7%
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