Competitive Wages

While the prospects for workers continue to improve, the area remains attractive to investors considering expansion.

Labor costs are moderate compared to surrounding areas, which can help companies boost their bottom lines. In Lauderdale County, it is possible to lower business costs while offering competitive wages for qualified workers. And the Lauderdale County cost of living, which is more than 30% less than the national average, means workers’ wages go further.

Average Wages Lauderdale
County
Tennessee United States
Average Hourly Wage $21.20 $29.98 $33.35
Average Annual Wage $44,099 $62,103 $69,986

Source: U.S. Bureau of Labor Statistics

Average Wages, Lauderdale County, by Employment Sector

Major Employment Sectors No. Establishments Average Annual Wages
Crop & Animal Production 17 $45,559
Utilities 1 $59,309
Construction 21 $45,815
Manufacturing 15 $53,518
Wholesale Trade 19 $62,913
Retail Trade 68 $27,055
Transportation/Warehousing 17 $58,915
Information 4 $37,782
Finance & Insurance 22 $59,155
Real Estate Sales/Rentals 13 $62,095
Professional/Scientific/Technical 18 $54,552
Management 2 $71,067
Administrative Support, Waste
Management & Remediation
10 $17,479
Healthcare & Social Assistance 48 $42,021
Arts/Entertainment/Recreation 3 $26,021
Accommodations/Food Service 25 $16,637
Other Services 22 $36,650
Government 37 $40,055
Total 365 $44,099

Source: U.S. Bureau of Labor Statistics

Cost of Living

(100 = National Average)
Categories Lauderdale County Tennessee U.S.
Overall 69.9 89.9 100
Grocery 90.7 95.4 100
Health 96.2 100.4 100
Housing 28.8 79.4 100
Utilities 98.5 96.7 100
Transportation 76.4 90.2 100
Miscellaneous 71.2 84.7 100

Source: BestPlaces.net

Lauderdale County Tourism & Economic Development Department to find out how you can make Lauderdale County, Tennessee a home for your business.