Maury County · Tennessee · South · 56k residents
Spring Hill, TN: economy, jobs & business costs
The site-selection read on Spring Hill: 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 $1,299/wk. Tennessee's corporate income tax rate is 6.5%. Commercial electricity averages 12.1¢/kWh.
Compare Spring Hill side by side
Avg. weekly wage
$1,299/wk
Corporate income tax
6.5%
Bachelor's degree or higher
50.3%
Commercial electricity
12.1¢/kWh
Economic momentum
How fast Spring Hill's economy is moving, ranked against the US cities we track.
22/100
Cooling
Ranks Spring Hill'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 | $493,800 |
| Price per sq. ft. | $190 |
| Property tax rate | 0.65% |
| 1-bedroom rent | $1,390/mo |
| 2-bedroom rent | $1,720/mo |
| State & local income tax | 0% |
| Sales tax | 9.55% |
| Corporate income tax | 6.5% |
| Avg. weekly wage | $1,299/wk |
| Bachelor's degree or higher | 50.3% |
| Commercial electricity | 12.1¢/kWh |
| Businesses per 1k residents | 26.4/1k |
| 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 | 107 |
| 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 | $112,013 |
| Unemployment rate | 3.3% |
| Population | 56k |
| Crime index | 70/100 |
| School rating | 5.3/10 |
| Walkability | 34/100 |
| Disaster risk | 79/100 |
| Avg. commute | 26 min |
| Sunny days / year | 205 days |
| July high | 90°F |
| January low | 29°F |
| Annual snowfall | 4 in |
| Home price YoY | -0.5% |
| Home price MoM | -0.1% |
| Rent YoY | -3.2% |
| Rent MoM | 0.0% |
| Employment (jobs) YoY | -4.0% |
| Building permits YoY | -5.3% |
| Ocean coast | 369 mi |
| Big lake | 95 mi |
| Mountains | 101 mi |
| Major airport | 31 mi |
| Ski resort | 189 mi |
Popular comparisons
Nearby
- Columbia, TN · 45k
- Franklin, TN · 87k
- Nolensville, TN · 15k
- Brentwood, TN · 46k
- La Vergne, TN · 40k
Similar size
- Kingsport, TN · 56k
- Smyrna, TN · 57k
- Bartlett, TN · 57k
- Collierville, TN · 52k
- Cleveland, TN · 49k
Real listings in Spring Hill
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Spring Hill 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 $1,299/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 Spring Hill, TN?
- Spring Hill indexes at 107 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,720/mo and a acs median home value of $493,800.
- How much does a house cost in Spring Hill?
- The acs median home value in Spring Hill is $493,800 (Census ACS estimate; individual listings vary).
- How much is rent in Spring Hill?
- A two-bedroom in Spring Hill rents for about $1,720/mo.