Cost of Living in Shackle Island, TN

Population 4,164 · Tennessee · Data vintage 2023

153
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Shackle Island a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $468,000. At 6.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 15 miles northeast of Nashville-Davidson, Shackle Island falls within that metro's commuting orbit. Median home values run roughly 22% higher than Nashville-Davidson's $383,000.

Cost Overview

Housing 153

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Shackle Island

The median home value in Shackle Island is $467,500 — 53% above the national median of $305,000. The median household income of $131,944/year is 77% higher than the US median of $74,580. The local unemployment rate is 6.8%, above the national average of 4.8%. Tennessee charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 71.6°F and lows of 50.1°F, with about 4.7" of annual snowfall. Overall, Shackle Island has a cost of living index of 153 versus the US average of 100, meaning it is 53% more expensive.

🏠 Housing

Median Home Value
$467,500
53% above avg
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$809
2 BR
$948
3 BR
$1,265
4 BR
$1,510
Owner-occupied 92.8%
Renter-occupied 7.2%

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
39.5 min
46% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.4%

Commute Mode

Drove alone
76.9%
Carpooled
4.2%
Work from home
17.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 9.6%
State rate 7.0%
Avg local rate 2.5%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$131,944
77% above avg
Per Capita Income
$58,788
Unemployment Rate
6.8%
40% above avg
Poverty Rate
7.8%
Labor Force Participation
74.4%

🎓 Education

Bachelor's degree+ 22.4%
Graduate degree 17.6%

👥 Demographics

Median Age 47.1
Male median age 44.3
Female median age 48.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
71.6°F
Avg Low
50.1°F
Annual Precip
50.5"
Annual Snowfall
4.7"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 495463738088919084746152
Low °F 303340495866716962503933
Precip" 4.024.474.524.725.024.364.163.793.803.363.864.43
Snow" 2.01.50.70.00.00.00.00.00.00.00.10.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 45 — Good
68.6%
Good air days/yr
133
Max AQI recorded
193
PM2.5 days
160
Ozone days

Frequently Asked Questions

What is the cost of living in Shackle Island, TN?

Shackle Island has a cost index of 153 (100 = national average). It is 53% above the national average.

What is the average home price in Shackle Island?

The median home value in Shackle Island is $467,500 according to 2023 Census ACS data.

What is the median income in Shackle Island?

The median household income in Shackle Island is $131,944 per year (2023 ACS 5-year estimates).

What is the sales tax in Shackle Island, TN?

The combined state and local sales tax rate in Shackle Island is 9.6%. Tennessee has no state income tax.

Is Shackle Island, TN affordable?

Shackle Island is above average in cost of living, with an index of 153 — about 53% higher than the national average.

What is the weather like in Shackle Island?

Shackle Island has average high temperatures of 71.6°F and average lows of 50.1°F. Annual precipitation is 50.5". Average annual snowfall is 4.7". Data from NOAA 1991–2020 Climate Normals.

Shackle Island at a Glance

Population
4,164
Median Income
$131,944
Home Value
$467,500
Unemployment
6.8%
Avg High Temp
71.6°F
Sales Tax
9.6%
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