38241 Palmersville, TN is a small rural community located in Weakley County. It is home to many local businesses including Palmersville Lumber Company, Weakley Farms, and Todd’s Auto Service. Two bedroom rent in this area is approximately $740 per month which is significantly lower than the U.S. average of $1,430 per month. Grocery cost index also shows that the cost of groceries in 38241 Palmersville TN is 89 versus 100 in the US making it an affordable place to live for families or young professionals alike.
Palmersville (zip 38241) has an unemployment rate of 4.6%. The US average is 6.0%.
Palmersville (zip 38241) 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 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Palmersville (zip 38241)
- The Sales Tax Rate for Palmersville (zip 38241) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Palmersville (zip 38241) 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 Palmersville (zip 38241)
- The average income of a Palmersville (zip 38241) resident is $23,306 a year. The US average is $37,638 a year.
- The Median household income of a Palmersville (zip 38241) resident is $50,625 a year. The US average is $69,021 a year.