37324 Decherd, TN is a small town located in Franklin County. The population of this town is estimated to be around 5,000 people and the median income is $43,779. The cost of living in 37324 Decherd, TN is relatively low compared to other parts of the country. As an example, the average 2 bedroom rent in this area is approximately $750, significantly less than the US average which stands at $1,430. Grocery costs are also lower than most places with an index score of 93 compared to 100 for the US as a whole.
Although it may appear small at first glance, 37324 Decherd has many successful local businesses that serve its residents well. There are stores like Walmart and Save-A-Lot for groceries and household items; there are fast food restaurants like Chick-fil-A and McDonald's; and many gas stations including Speedway and BP which provide fuel for vehicles. There is even a post office! All in all, 37324 Decherd provides its citizens with all their basic needs while still being affordable enough to make it a great place to live.
Decherd (zip 37324) has an unemployment rate of 4.6%. The US average is 6.0%.
Decherd (zip 37324) has seen the job market decrease by -6.8% 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 Decherd (zip 37324)
- The Sales Tax Rate for Decherd (zip 37324) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Decherd (zip 37324) is 0.0%. The US average is 4.6%.
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Income and Salaries for Decherd (zip 37324)
- The average income of a Decherd (zip 37324) resident is $25,569 a year. The US average is $37,638 a year.
- The Median household income of a Decherd (zip 37324) resident is $36,388 a year. The US average is $69,021 a year.