Nashville, TN is a vibrant and diverse city with many opportunities and amenities to offer its residents. The average 2 bedroom rent in this area is $1,170 which is significantly lower than the US average of $1,430. This makes living here an attractive choice for many people. Furthermore, the Grocery Cost Index in Nashville is 101 versus 100 in the US meaning food costs are comparable to other areas across the country.
This city is also home to many large companies including Bridgestone Americas, HCA Healthcare Corporation, Dollar General Corporation, Baker Donelson Law Firm and CoreCivic Inc. There's no shortage of employment opportunities in Nashville. With such great benefits as low rent and competitive grocery costs it's no wonder why so many people are drawn to live here!
Nashville (zip 37208) has an unemployment rate of 4.5%. The US average is 6.0%.
Nashville (zip 37208) 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 37208)
- The Sales Tax Rate for Nashville (zip 37208) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Nashville (zip 37208) 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 37208)
- The average income of a Nashville (zip 37208) resident is $35,633 a year. The US average is $37,638 a year.
- The Median household income of a Nashville (zip 37208) resident is $54,296 a year. The US average is $69,021 a year.