Summertown, TN is a small rural town located in 38483 zip code. It has a population of 1,780 according to the 2018 census. The cost of renting a 2 bedroom apartment in Summertown is $930 which is lower than the US average of $1,430. Additionally, the grocery cost index in Summertown is 94 versus 100 in the US on average showing that groceries are more affordable than most other places. The small-town atmosphere offers its residents plenty of local attractions and activities. There are many family owned businesses such as Bailey Farms, J&J Auto Repair Services and Summertown Garage. Nearby attractions include Land Between The Lakes National Recreation Area which offers picturesque views and outdoor activities including camping, fishing and biking trails; Tims Ford Lake for swimming or boating; Amish Community Tours to learn about their culture; and Natchez Trace State Park for bird watching or picnicking.
Summertown (zip 38483) has an unemployment rate of 5.1%. The US average is 6.0%.
Summertown (zip 38483) has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Summertown (zip 38483)
- The Sales Tax Rate for Summertown (zip 38483) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Summertown (zip 38483) 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 Summertown (zip 38483)
- The average income of a Summertown (zip 38483) resident is $23,883 a year. The US average is $37,638 a year.
- The Median household income of a Summertown (zip 38483) resident is $51,758 a year. The US average is $69,021 a year.