37186 Westmoreland, TN is a small town located in Sumner county. It is home to roughly 2,500 people and offers a peaceful atmosphere with many natural attractions. The cost of living here is much lower than other areas in the US; two bedroom rent costs $1,160 compared to the US average of $1,430. Grocery costs are similarly lower here with an index of 94 versus 100 in the US.
The local economy is driven by several businesses including Westmoreland Farm Supply Co., K&K Hardware & Lumber Co., First State Bank, and Custom Tooling Solutions. These companies offer services ranging from agricultural to banking to metalworking. Residents here enjoy a peaceful atmosphere at an affordable cost of living.
Westmoreland (zip 37186) has an unemployment rate of 4.3%. The US average is 6.0%.
Westmoreland (zip 37186) 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 51.4%, which is higher than the US average of 33.5%.
Tax Rates for Westmoreland (zip 37186)
- The Sales Tax Rate for Westmoreland (zip 37186) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Westmoreland (zip 37186) 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 Westmoreland (zip 37186)
- The average income of a Westmoreland (zip 37186) resident is $22,804 a year. The US average is $37,638 a year.
- The Median household income of a Westmoreland (zip 37186) resident is $48,051 a year. The US average is $69,021 a year.