Tennessee is the thirty-fifth-richest state in the United States of America, with a per capita income of $28,764 (2017).
Contents
Is Tennessee rich or poor?
From the 2021 edition of Rich States, Poor States.
Current Economic Outlook Ranks (2021 Edition)
| State | 2021 Ranking |
|---|---|
| Texas | 9th |
| South Dakota | 10th |
| Idaho | 11th |
| Tennessee | 12th |
What is considered wealthy in Tennessee?
To be considered rich in the Nashville, Tennessee, metro area, you need to make over $127,878.
What is the richest city in Tennessee?
Detailed List Of The Richest Cities In Tennessee
| Rank | City | Median Income |
|---|---|---|
| 1 | Nolensville | $134,740 |
| 2 | Brentwood | $168,688 |
| 3 | Collierville | $113,996 |
| 4 | Farragut | $108,511 |
Does Tennessee have a good economy?
Economic statistics
As of 2020, Tennessee had a gross state product of $364.5 billion. In 2019, the state’s per capita personal income was $29,859.Tennessee is a right to work state, as are most of its Southern neighbors. Unionization has historically been low and continues to decline as in most of the U.S. generally.
Is Tennessee the worst state to live in?
For example, health care and education hold the most weight, as these are factors that are most important to U.S. citizens. Based on the survey, Louisiana was ranked as the worst state to live in.
Worst States To Live in 2021.
| State | Tennessee |
|---|---|
| Crime | 43 |
| Economy | 12 |
| Healthcare | 43 |
| Education | 35 |
Is Tennessee the poorest 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 |
|---|---|
| Tennessee | $74,750 |
| Indiana | $75,025 |
| Missouri | $76,060 |
| Maine | $76,227 |
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 |
What is upper class income in Tennessee?
(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.
Where do billionaires live in Tennessee?
Franklin and Brentwood, Tennessee are two of the most affluent locations in the state. However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. According to MSN, The billionaires in Nashville control more resources than any other city in the United States.
Where is the rich part of Tennessee?
The richest town in Tennessee is Belle Meade. Belle Meade is a suburb of Nashville.
What is the best small town to live in in Tennessee?
Gatlinburg. Gatlinburg is another one of our favorite small towns in Tennessee because there are so many things to do. The town is situated right near the Great Smoky Mountains, which makes it a great stop on any mountain trips. Gatlinburg is a wonderful small town in Tennessee that has something to interest everyone.
Why is Tennessee so popular?
With its mild weather, vibrant cities and low cost of living, it’s easy to see why Tennessee’s population is on the rise. The state’s world-class dining scene, famous Appalachian Mountain range and diverse cities also make it a particularly interesting place to call home.
Is Tennessee poor?
Tennessee ranks 41st in Poverty Rate at 16.7%(poverty rankings by state). The Poverty Rate of Tennessee is moderately higher than the national average of 14.6%.
Is Tennessee a healthy state?
Tennessee Ranked 42nd Healthiest State in the Nation
According to the 2019 edition of America’s Health Rankings, Tennessee is the 42nd healthiest state. We are now ranked 41st in maternal mortality, down from 33rd, and 39th in infant mortality, down from 38th.
What is the ugliest state?
Nevada
Nevada is considered to be one of the ugliest states in the U.S. because of its unforgiving desert landscape and test sites for military nuclear testing. Despite this, Nevada is also home to Red Rock Canyon, Lake Tahoe, and the swirling rock formations of Valley of Fire State Park.
What are the dangers of living in Tennessee?
Be careful of the dangers, y’all – we warned ya. Without further ado, here are some of the biggest risks of living in Tennessee.
Here Are The 9 Biggest Risks Living In The State of Tennessee
- Rapid weather changes.
- Humidity.
- Tornados.
- Stars in your eyes.
- Rabid football fans.
- Too much of a good thing.
- Flooding.
- Snakes!
What are the cons to living in Tennessee?
List of the Cons of Living in Tennessee
- The summers can be brutal when you start living in Tennessee.
- Tennessee barbecue is not for the faint of heart.
- It can be challenging to make new friends when living in this state.
- The growth levels in Tennessee’s cities can be challenging as well.
Is Tennessee a good place to live?
Over the last 20 years, Tennessee has enjoyed an impressive rate of population growth. Low tax rates, living costs, and high quality of life have kept people on the move to Tennessee. It’s not a perfect place, but for the price, Tennessee is about as good as one can get.
What are the 5 poorest states?
- Alabama. Poverty rate: 15.5%
- West Virginia. Poverty rate: 16.0%
- Arkansas. Poverty rate: 16.2%
- Kentucky. Poverty rate: 16.3%
- New Mexico. Poverty rate: 18.2%
- Louisiana. Poverty rate: 19.0%
- Mississippi. Poverty rate: 19.6%
- Mississippi. Louisiana. New Mexico.
