The poorest county in Tennessee is Grundy County, according to new data from the U.S. Census Bureau’s American Community Survey.
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What counties in Tennessee are considered poverty?
Poverty Rate — The official poverty rate varied from 4.5% in Williamson County to 18.3% in Madison County (Figure 9). From 2018 to 2019, statistically significant improvements occurred in Davidson (down 3 points), Maury (down 4 points), and Shelby Counties (down 5 points).
What is the poorest county in the state of Tennessee?
Grundy County
Grundy County has been ranked as the poorest county in Tennessee. Its average household income is just under $27,000 dollars. In comparison, the median income across the state is more than $44,000 dollars.
What is the poorest city in Tennessee?
Morristown
The Center Square
Morristown was ranked the poorest city in Tennessee in a 24/7 Wall St. analysis examining U.S. municipalities where households earn less than the nation’s median annual household income of $65,712.
What is the wealthiest county in TN?
Williamson
Tennessee counties ranked by per capita income
| Rank | County | Per capita income |
|---|---|---|
| 1 | Williamson | $27,925 |
| 2 | Wilson | $27,814 |
| 3 | Davidson | $27,780 |
| 4 | Knox | $27,349 |
What is the average household income in Tennessee?
Tennessee Family Income
The ACS 1-year survey shows that the median family income for Tennessee was $69,993 in 2019. Compared to the median US family income, Tennessee median family income is $10,951 lower. Like the median household income numbers, 2020 family income data will be released in September of 2021.
What is the richest zip code in Tennessee?
37215
In Tennessee, the 37215 ZIP code, located in Nashville in the Nashville-Davidson–Murfreesboro–Franklin, TN metro area, is the most expensive place to buy a home.
This is the Most Expensive ZIP Code in Tennessee.
| State: | Tennessee |
|---|---|
| Most expensive ZIP code: | 37215 |
| City: | Nashville |
| Median home sale price, 2020: | $719,000 |
| Median household income: | $127,203 |
Which county in TN has lowest average income?
The typical household in Grundy County earns $31,919 a year, well below the median household income statewide of $48,708. Only 73.2% of adults have a high school diploma, the smallest share of any county in the state.
What are the wealthiest towns in Tennessee?
The 10 Richest Cities in Tennessee
- Oakland. Oakland is a wealthy suburb of Memphis in southwest Tennessee.
- Spring Hill. Spring Hill, a suburb of Nashville, is one of the 10 richest cities in Tennessee.
- Signal Mountain.
- Germantown.
- Collierville.
- Farragut.
- Thompson’s Station.
- Arlington.
What is the smallest county in Tennessee?
Trousdale County
Founded in 1870, Trousdale County is the smallest county in Tennessee, and one of only 3 metropolitan counties in Tennessee.
Is TN a poor state?
The poorest U.S. states can be determined by looking at poverty rates and median household incomes. In 2019, the U.S. poverty rate was 12.3%.
Poorest States 2021.
| State | Mean Household Income |
|---|---|
| Idaho | $73,810 |
| Montana | $74,190 |
| Tennessee | $74,750 |
| Indiana | $75,025 |
What is considered wealthy in Tennessee?
To be considered rich in the Nashville, Tennessee, metro area, you need to make over $127,878.
How many billionaires live Tennessee?
Recently a report from Forbes found that there are 2,755 billionaires in the world. Of this list, nine of them live in Tennessee, and two of them live in Nashville.
How many millionaires are in Tennessee?
List
| Rank | State | Number of millionaire households |
|---|---|---|
| 19 | Tennessee | 139,335 |
| 20 | Indiana | 138,739 |
| 21 | Wisconsin | 138,283 |
| 22 | Missouri | 132,176 |
Is Franklin Tennessee wealthy?
Today, Franklin is one of the wealthiest cities in one of the wealthiest counties in the United States. The 2017 Census lists the City’s population at 71,374. This makes us the 7th largest city in Tennessee and one of the fastest growing.
Is Franklin TN rich?
FRANKLIN, TN — Once again, Williamson County is among the richest counties in the United States according to Forbes’ annual ranking, coming in at No. 7 with a median income of $104,367. “The fastest growing county in Tennessee, over half of the 489,250 residents are college educated.
How much money do you need to live comfortably in Tennessee?
–A study by personal finance company Go Banking Rates finds in order to live comfortably in Nashville, residents need to make $80,548 per year. The study examined housing costs, the price of necessities such as food and healthcare, and average incomes among America’s 50 largest cities.
What food is Tennessee known for?
Taste of Tennessee
- Sweet tea. No Southern meal is complete without a glass of sweet tea.
- RC Cola and Moon Pie. First invented at Chattanooga Bakery, moon pies are a Tennessee tradition.
- Country ham. Country ham is arguably Tennessee’s most famous delicacy.
- Fried catfish.
- Stack cake.
- Tomatoes.
- Memphis Ribs.
- Jack Daniels.
How much is the average electric bill in Tennessee?
In Tennessee, the average monthly electricity bill is around $123.30. This is just a slight step above the country’s average, which is $111.67. In total, most Tennessee residents pay around $145 a month for their utilities in total.
What is middle class in Tennessee?
Tennessee households must make at least $21,573 to reach middle class, study finds. (The Center Square) – In Tennessee, households must earn a minimum of $21,573 per year to be considered middle class, with the upper earnings boundary set at $98,679, according to a new 24/7 Wall St. analysis.
What is the average income in Nashville Tennessee?
Median and Average Income in Nashville top
| Y-o-Y Change | ||
|---|---|---|
| Average Household Income | $92,485.88 | 5.0% |
| Median Household Income | $60,380.00 | 10.8% |
| People below Poverty Level | 67,126 | -9.2% |
| People above Poverty Level | 363,153 | 2.2% |
