Zip 37218 (Nashville, TN) Economy


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Nashville, TN, zip code 37218 is home to several well-known companies. Some of these companies include health care giant HCA Healthcare, bank and financial services company First Horizon National Corporation, and hospital operator LifePoint Health. The cost of living in 37218 Nashville is quite affordable. Rent for a two bedroom apartment is $1,250 compared to the US average of $1,430. The grocery cost index in Nashville is also 98 compared to the US average of 100. All in all, 37218 Nashville offers an attractive blend of career opportunities and a highly affordable cost of living.

Nashville (zip 37218) has an unemployment rate of 4.5%. The US average is 6.0%.

Nashville (zip 37218) 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 37218)
- The Sales Tax Rate for Nashville (zip 37218) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Nashville (zip 37218) 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 37218)
- The average income of a Nashville (zip 37218) resident is $18,778 a year. The US average is $28,555 a year.
- The Median household income of a Nashville (zip 37218) resident is $48,619 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNashville, TennesseeUnited States
  4.56
  -5.8%-6.2%
  48.3%33.5%
  9.3%6.2%
  0.0%4.6%
  $27,602$37,638
  $48,619$69,021
  $58,672$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  4.8%6.8%
  8.4%10.0%
  1.4%2.5%
  11.7%11.0%
  5.3%4.8%
  1.0%0.8%
  1.2%1.9%
  1.9%4.7%
  2.2%1.9%
  2.7%7.6%
  0.4%0.1%
  6.5%4.2%
  12.0%9.3%
  23.3%14.0%
  2.1%2.1%
  5.6%7.0%
  2.8%4.8%
  5.3%4.7%
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