38361 Morris Chapel, TN is a small community located in McNairy County. Home to around 1,300 people, it's a great place to live with its serene environment and close proximity to Memphis. The median 2 bedroom rent here is $750 as compared to the US average of $1,430 making it much more affordable for those looking for an affordable lifestyle. Additionally, living expenses are lower than other areas as the Grocery Cost Index in this area is 92 versus 100 in the US.
The town offers plenty of entertainment with local businesses such as Mad Mountain Pizza & Wings and MTJ General Store providing delicious food and convenience items respectively. There are also various restaurants and shops nearby if you're looking for more options. If you want to explore nature, 38361 Morris Chapel offers beautiful outdoor activities like camping at many state parks or fishing along the riverside. With its peaceful atmosphere, excellent amenities and reasonable prices - Morris Chapel is an ideal location for those looking for a quiet escape from city life.
Morris Chapel (zip 38361) has an unemployment rate of 5.9%. The US average is 6.0%.
Morris Chapel (zip 38361) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 35.1%, which is higher than the US average of 33.5%.
Tax Rates for Morris Chapel (zip 38361)
- The Sales Tax Rate for Morris Chapel (zip 38361) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Morris Chapel (zip 38361) 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 Morris Chapel (zip 38361)
- The average income of a Morris Chapel (zip 38361) resident is $43,153 a year. The US average is $28,555 a year.
- The Median household income of a Morris Chapel (zip 38361) resident is $53,209 a year. The US average is $69,021 a year.