Zip 37220 (Nashville, TN) Economy


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Nashville, TN 37220 is an up and coming city with plenty of unique activities for citizens to enjoy. The 2 bedroom rent in this area is $2,060 a month which is significantly higher than the US average of $1,430. However, the cost of groceries in this area remains relatively low with an index score of 107 compared to the US average of 100.
This city is home to many prominent companies such as Nissan North America, Dollar General Corporation and HCA Healthcare. Additionally, it is home to some great restaurants and major attractions like Bridgestone Arena and Centennial Park. There are endless opportunities for entertainment and growth in Nashville, TN 37220.

Nashville (zip 37220) has an unemployment rate of 4.5%. The US average is 6.0%.

Nashville (zip 37220) 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 37220)
- The Sales Tax Rate for Nashville (zip 37220) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Nashville (zip 37220) 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 37220)
- The average income of a Nashville (zip 37220) resident is $83,819 a year. The US average is $37,638 a year.
- The Median household income of a Nashville (zip 37220) resident is $137,976 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNashville, TennesseeUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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