Gordonsville, TN is a small town located in the heart of Tennessee with a population of just under 3,800. It is known for its rich history and community involvement. The city offers a variety of local attractions such as Natural Springs Park, Gordonsville City Park, and the historical downtown square. The cost of living is very reasonable with an average 2 bedroom rent at $950 compared to the US average 2 bedroom rent at $1,430, and a grocery cost index in Gordonsville at 97 versus 100 in the US. The local businesses include Chenault's Furniture Store which was established in 1883 specializing in quality furniture craftsmanship, along with many other family-owned stores such as Smith's Grocery Store and Coop's Cafe & Bakery that have been around since the 1940s. All this makes Gordonsville an ideal place to live.
Gordonsville (zip 38563) has an unemployment rate of 4.6%. The US average is 6.0%.
Gordonsville (zip 38563) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 47.4%, which is higher than the US average of 33.5%.
Tax Rates for Gordonsville (zip 38563)
- The Sales Tax Rate for Gordonsville (zip 38563) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Gordonsville (zip 38563) is 0.0%. The US average is 4.6%.
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Income and Salaries for Gordonsville (zip 38563)
- The average income of a Gordonsville (zip 38563) resident is $27,687 a year. The US average is $37,638 a year.
- The Median household income of a Gordonsville (zip 38563) resident is $52,004 a year. The US average is $69,021 a year.