Somerville, TN (zip code 38068) is a small town located in Fayette County with an estimated population of nearly 5,000 people. The two bedroom rent in Somerville is about $850, which is quite affordable in comparison to the US average of $1,430. Similarly, the grocery cost index in Somerville is 96 versus 100 in the US.
In terms of businesses, Somerville is home to a variety of local companies such as Bartlett Farmers Coop, Bass Auto Center, Carver鈥檚 Grocery Store Inc., and H&H Automotive Parts & Repair Service. This assortment of businesses promises that residents will be able to find all their necessary goods and services at reasonable prices.
Somerville (zip 38068) has an unemployment rate of 4.9%. The US average is 6.0%.
Somerville (zip 38068) 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 41.0%, which is higher than the US average of 33.5%.
Tax Rates for Somerville (zip 38068)
- The Sales Tax Rate for Somerville (zip 38068) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Somerville (zip 38068) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Somerville (zip 38068)
- The average income of a Somerville (zip 38068) resident is $26,855 a year. The US average is $37,638 a year.
- The Median household income of a Somerville (zip 38068) resident is $55,717 a year. The US average is $69,021 a year.