Zip 38256 (Springville, TN) Economy


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United States / Tennessee / Paris Metro Area / Henry County / No City / Springville (zip 38256)
38256 Springville, TN is a great place to live with many local businesses and low cost of living. The average 2 bedroom rent in 38256 Springville is $770, which is significantly lower than the US average of $1430. Additionally, grocery cost index in this area is 92 compared to 100 in the US. This means that groceries are 8% cheaper than the national average. There are also many local businesses in 38256 Springville such as Applebee's, Walmart Supercenter, Dollar General, Dairy Queen and more. These businesses offer a variety of products and services at an affordable cost for locals or visitors alike. Overall, 38256 Springville offers residents an attractive combination of low housing rents and low cost of living; making it an ideal location for any budget-conscious individual looking to settle down in Tennessee.

Springville (zip 38256) has an unemployment rate of 5.6%. The US average is 6.0%.

Springville (zip 38256) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Springville (zip 38256)
- The Sales Tax Rate for Springville (zip 38256) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Springville (zip 38256) 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 Springville (zip 38256)
- The average income of a Springville (zip 38256) resident is $25,396 a year. The US average is $28,555 a year.
- The Median household income of a Springville (zip 38256) resident is $44,873 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpringville, TennesseeUnited States
  5.66
  -6.9%-6.2%
  32.7%33.5%
  9.8%6.2%
  0.0%4.6%
  $29,101$37,638
  $44,873$69,021
  $54,333$85,028
  Population by Occupation
  3.9%1.2%
  1.7%0.5%
  11.3%6.8%
  14.7%10.0%
  0.7%2.5%
  15.0%11.0%
  5.3%4.8%
  1.2%0.8%
  0.0%1.9%
  0.8%4.7%
  0.0%1.9%
  7.7%7.6%
  1.8%0.1%
  0.0%4.2%
  5.8%9.3%
  15.3%14.0%
  1.4%2.1%
  5.1%7.0%
  5.7%4.8%
  2.6%4.7%
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