Zip 38261 (Union City, TN) Economy


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Union City, TN is a small city located in Obion County with a population of 10,895. With the average 2 bedroom rent at $730 per month, Union City is significantly more affordable than the US average of $1,430. Additionally, the Grocery Cost Index in Union City is 90 versus 100 in the rest of the US.
Union City is home to many local businesses including The Front Porch Mercantile which offers unique antiques and collectibles as well as Parker's BBQ and Grill which serves delicious southern style barbeque. There are also several retail stores such as The Shoe Department that provides quality footwear at low prices.
Other attractions include Discovery Park of America which houses a museum full of interactive exhibits for children and adults alike as well as Three Lakes Golf Course where golfers can enjoy a challenging 18-hole course surrounded by natural beauty. Finally, Union City offers plenty of outdoor activities from hiking at Reelfoot Lake State Park to fishing on the Obion River.

Union City (zip 38261) has an unemployment rate of 6.1%. The US average is 6.0%.

Union City (zip 38261) has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.

Tax Rates for Union City (zip 38261)
- The Sales Tax Rate for Union City (zip 38261) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Union City (zip 38261) 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 Union City (zip 38261)
- The average income of a Union City (zip 38261) resident is $23,321 a year. The US average is $28,555 a year.
- The Median household income of a Union City (zip 38261) resident is $42,485 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUnion City, TennesseeUnited States
  6.16
  -4.6%-6.2%
  23.2%33.5%
  9.8%6.2%
  0.0%4.6%
  $25,352$37,638
  $42,485$69,021
  $59,511$85,028
  Population by Occupation
  2.4%1.2%
  0.0%0.5%
  5.8%6.8%
  24.1%10.0%
  0.8%2.5%
  12.6%11.0%
  5.4%4.8%
  0.5%0.8%
  1.9%1.9%
  1.8%4.7%
  1.4%1.9%
  3.0%7.6%
  0.0%0.1%
  4.1%4.2%
  5.9%9.3%
  11.1%14.0%
  1.7%2.1%
  7.1%7.0%
  5.3%4.8%
  5.1%4.7%
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