Zip 37398 (Winchester, TN) Economy


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Winchester, TN is a small town with a population of 37,398. It has an affordable cost of living in comparison to the US average, with 2 bedroom rent averaging $690 per month versus $1,430 across the United States. The grocery cost index is also lower than the US average at 96 versus 100.
The area offers plenty of local businesses and restaurants for residents to enjoy. Companies such as Reel Em In Charters, American Fort Knox Security Group, and Countryside Realty are located in Winchester. Restaurants like Taste of Thai Cuisine, The Valley Deli & Pub, and Country Road Pizza provide tasty local dishes that locals love.

Winchester (zip 37398) has an unemployment rate of 4.6%. The US average is 6.0%.

Winchester (zip 37398) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.

Tax Rates for Winchester (zip 37398)
- The Sales Tax Rate for Winchester (zip 37398) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Winchester (zip 37398) 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 Winchester (zip 37398)
- The average income of a Winchester (zip 37398) resident is $25,858 a year. The US average is $28,555 a year.
- The Median household income of a Winchester (zip 37398) resident is $56,038 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWinchester, TennesseeUnited States
  4.66
  -6.8%-6.2%
  32.1%33.5%
  9.3%6.2%
  0.0%4.6%
  $33,624$37,638
  $56,038$69,021
  $68,364$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  6.0%6.8%
  22.9%10.0%
  0.9%2.5%
  14.5%11.0%
  2.2%4.8%
  1.2%0.8%
  0.9%1.9%
  2.6%4.7%
  1.5%1.9%
  4.1%7.6%
  0.0%0.1%
  3.6%4.2%
  8.3%9.3%
  10.7%14.0%
  1.1%2.1%
  5.2%7.0%
  8.2%4.8%
  5.6%4.7%
Reviews for Winchester
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Over 15 years ago

Great place to spend time on the water, at the Golf Course, or hiking at the state park. Close to the Cumberland Mountains. Nearly an equal distance from Chattanooga,  More

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