Toone, TN (zip code 38381) is a small town in western Tennessee with a population of around 500 people. It is known for its rural charm and relaxed lifestyle. The average two-bedroom rent in Toone is $730, significantly cheaper than the US average of $1,430. Additionally, the grocery cost index in Toone is 91 compared to 100 in the US.
Toone's economy is largely supported by several small businesses such as Pope Branch General Store, which sells all kinds of snacks and products; S&S Printing Company providing personalized printing services; Meeks Butcher Shop providing fresh meats; and Toone Hardware selling hardware supplies.
In terms of attractions, Toone has plenty to offer, from its own Town Park with activities for kids to Marble Hill Inn & Restaurant offering great food and drinks or Blackthorn Orchard where visitors can pick their own apples. The town also hosts several festivals throughout the year such as the Mason-Dixon Festival in May and Applefest each October.
Toone (zip 38381) has an unemployment rate of 7.3%. The US average is 6.0%.
Toone (zip 38381) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Toone (zip 38381)
- The Sales Tax Rate for Toone (zip 38381) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Toone (zip 38381) 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 Toone (zip 38381)
- The average income of a Toone (zip 38381) resident is $19,418 a year. The US average is $28,555 a year.
- The Median household income of a Toone (zip 38381) resident is $39,787 a year. The US average is $69,021 a year.