37809 Midway, TN is a great place to rent an apartment. The average 2 bedroom rent for this area is $720, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in 37809 Midway is 93 compared to 100 in the US, making groceries more affordable for locals. The area has many local businesses that make it a great place to live and work. For example, Rock crushers Inc., Midway Metal Works LLC and Infinity Construction are all local companies providing employment opportunities in the area. These three companies provide services such as rock crushing and metal fabrication services as well as construction projects ranging from residential homes to commercial buildings. With these local companies hiring in the area and affordable cost of living, 37809 Midway provides residents with many benefits while living in an outstanding community.
Midway (zip 37809) has an unemployment rate of 5.6%. The US average is 6.0%.
Midway (zip 37809) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Midway (zip 37809)
- The Sales Tax Rate for Midway (zip 37809) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Midway (zip 37809) 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 Midway (zip 37809)
- The average income of a Midway (zip 37809) resident is $17,877 a year. The US average is $28,555 a year.
- The Median household income of a Midway (zip 37809) resident is $59,301 a year. The US average is $69,021 a year.