Nashville, TN (37201) is a vibrant city full of attractions and amenities that make it an ideal place to live. The 2-bedroom rent in Nashville is $2,080 compared to the US average of $1,430. A difference of over $650 per month shows how desirable this area really is! Grocery cost indexes are also higher in Nashville with a value of 104 compared to 100 nationally.
Living in Nashville has many advantages. It is known as Music City due to its many musical venues and events like CMA Fest and Live on the Green. Companies like Bridgestone, Dollar General and HCA Healthcare have offices here which offer residents plenty of job opportunities. Residents can also spend time outdoors at the many parks such as Shelby Park or Radnor Lake. With so much to offer, it’s no wonder why people are flocking to Nashville!
Nashville (zip 37201) has an unemployment rate of 4.5%. The US average is 6.0%.
Nashville (zip 37201) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 48.3%, which is higher than the US average of 33.5%.
Tax Rates for Nashville (zip 37201)
- The Sales Tax Rate for Nashville (zip 37201) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Nashville (zip 37201) 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 Nashville (zip 37201)
- The average income of a Nashville (zip 37201) resident is $70,490 a year. The US average is $37,638 a year.
- The Median household income of a Nashville (zip 37201) resident is $95,353 a year. The US average is $69,021 a year.