Rutherford County · Tennessee · South · 57k residents
Smyrna, TN: economy, jobs & business costs
The site-selection read on Smyrna: labor costs, talent, corporate tax, energy, and business activity, with the Tennessee median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,274/wk. Tennessee's corporate income tax rate is 6.5%. Commercial electricity averages 12.1¢/kWh.
Compare Smyrna side by side
Avg. weekly wage
$1,274/wk
Corporate income tax
6.5%
Bachelor's degree or higher
27.8%
Commercial electricity
12.1¢/kWh
Economic momentum
How fast Smyrna's economy is moving, ranked against the US cities we track.
13/100
Cooling
Ranks Smyrna's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $358,300 |
| Price per sq. ft. | $190 |
| Property tax rate | 0.65% |
| 1-bedroom rent | $1,142/mo |
| 2-bedroom rent | $1,364/mo |
| State & local income tax | 0% |
| Sales tax | 9.55% |
| Corporate income tax | 6.5% |
| Avg. weekly wage | $1,274/wk |
| Bachelor's degree or higher | 27.8% |
| Commercial electricity | 12.1¢/kWh |
| Businesses per 1k residents | 21.8/1k |
| Wage: Software developer | $126,610 |
| Wage: Registered nurse | $84,040 |
| Wage: General manager | $119,990 |
| Wage: Customer service | $45,510 |
| Wage: Warehouse worker | $38,190 |
| Wage: Heavy truck driver | $60,630 |
| Wage: Electrician | $63,340 |
| Wage: Retail salesperson | $34,420 |
| Cost of living index | 94 |
| Groceries index | 96 |
| Utilities | $160/mo |
| Transit pass | $65/mo |
| Gas price | $2.95/gal |
| Healthcare index | 92 |
| Childcare (per child) | $900/mo |
| Median household income | $81,926 |
| Unemployment rate | 3.3% |
| Population | 57k |
| Crime index | 70/100 |
| School rating | 5.3/10 |
| Walkability | 34/100 |
| Disaster risk | 92/100 |
| Avg. commute | 26 min |
| Sunny days / year | 205 days |
| July high | 90°F |
| January low | 26°F |
| Annual snowfall | — |
| Home price YoY | -0.7% |
| Home price MoM | -0.3% |
| Rent YoY | -0.2% |
| Rent MoM | +0.3% |
| Employment (jobs) YoY | -1.1% |
| Building permits YoY | -57.0% |
| Ocean coast | 385 mi |
| Big lake | 102 mi |
| Mountains | 93 mi |
| Major airport | 15 mi |
| Ski resort | 168 mi |
Popular comparisons
Nearby
- La Vergne, TN · 40k
- Nolensville, TN · 15k
- Murfreesboro, TN · 161k
- Mount Juliet, TN · 42k
- Brentwood, TN · 46k
Similar size
- Bartlett, TN · 57k
- Kingsport, TN · 56k
- Spring Hill, TN · 56k
- Collierville, TN · 52k
- Hendersonville, TN · 63k
Real listings in Smyrna
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Smyrna a good place to run a business?
- Tennessee's corporate income tax rate is 6.5%; average weekly wages in the surrounding labor market run $1,274/wk; commercial electricity averages 12.1¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Smyrna, TN?
- Smyrna indexes at 94 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,364/mo and a acs median home value of $358,300.
- How much does a house cost in Smyrna?
- The acs median home value in Smyrna is $358,300 (Census ACS estimate; individual listings vary).
- How much is rent in Smyrna?
- A two-bedroom in Smyrna rents for about $1,364/mo.