Nashville, Tennessee (37216) is an excellent place to live with a two-bedroom rental rate of $1,420 per month and a grocery cost index of 102. The city is rich in culture and history, with many local companies that contribute to its vibrant economy. Notable companies include Bridgestone Tire Company, Gibson Guitars, Ryman Hospitality Properties (Opryland), Dollar General Corporation and HealthStream. Nashville also has a major airport and public transportation system for easy access throughout the state.
Nashville (zip 37216) has an unemployment rate of 4.5%. The US average is 6.0%.
Nashville (zip 37216) has seen the job market increase by 2.4% 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 37216)
- The Sales Tax Rate for Nashville (zip 37216) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Nashville (zip 37216) 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 37216)
- The average income of a Nashville (zip 37216) resident is $23,052 a year. The US average is $28,555 a year.
- The Median household income of a Nashville (zip 37216) resident is $70,728 a year. The US average is $69,021 a year.