Millington, TN 38053 is a city located in Shelby County in the state of Tennessee. It is a small community with a population of about 11,000 people according to the 2019 Census estimate. The median 2 bedroom rent in Millington is $1,020 compared to the US median of $1430. The Grocery Cost Index in Millington is 95 versus 100 in the US. Residents can find numerous local businesses such as Tractor Supply Co, Dollar General, Hobby Lobby, and Fastenal Company for their shopping needs. Additionally, Millington residents have access to plenty of outdoor activities due to its close proximity to the beautiful Wolf River and the Meeman-Shelby Forest State Park that offer plenty of natural beauty and recreation opportunities.
Millington (zip 38053) has an unemployment rate of 6.8%. The US average is 6.0%.
Millington (zip 38053) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.
Tax Rates for Millington (zip 38053)
- The Sales Tax Rate for Millington (zip 38053) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Millington (zip 38053) 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 Millington (zip 38053)
- The average income of a Millington (zip 38053) resident is $31,003 a year. The US average is $37,638 a year.
- The Median household income of a Millington (zip 38053) resident is $54,473 a year. The US average is $69,021 a year.