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Home » United States » How many millionaires are in Tennessee?

How many millionaires are in Tennessee?

December 14, 2021 by Trevor Zboncak

List

Rank State Number of millionaire households
17 Minnesota 167,206
18 Arizona 161,014
19 Tennessee 139,335
20 Indiana 138,739

Contents

How many multi millionaires are in Tennessee?

Tennessee is ranked 42nd on the list of US millionaires. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. There are more than 130.000 millionaire households in the state of Tennessee.

Who is the richest family in Tennessee?

The 10 Richest People in Tennessee

  • Jimmy Haslam Net Worth – $3.8 Billion.
  • Governor Bill Haslam Net Worth – $2.5 Billion.
  • Brad Kelley Net Worth – $2.2 Billion.
  • Jeff Lorberbaum Net Worth – $2.1 Billion.
  • Forest Preston Net Worth – $2.1 Billion.
  • Mason Hawkins Net Worth – $1.8 Billion.
  • Cal Turner Jr.

What city in Tennessee has the most millionaires?

Nashville
In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. Three billionaires live in Nashville with a combined net worth of $20.7 billion. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8.2 billion.

Do any billionaires live in Tennessee?

Map of each state’s billionaires as of 2016.
Table.

State or Federal District Tennessee
Number Billionaire Residents (2/12/16) 10
Number Billionaire Residents (9/15/20) 8
Billionaires’ Real-Time Cumul. Worth $M (9/15/20) 32,974
Billionaires/ State’s 10M pop. (7/19 Census) (9/15/20) 11.71

What is the richest town in Tennessee?

Belle Meade
So which town was named the richest in Tennessee? With a median household income of more than $250,000 and more than 50% off all households making over $200,000, it’s no surprise that Belle Meade was chosen the wealthiest area of Tennessee. Here are some other statistics that combined to make Belle Meade Number 1.

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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.

Who is the richest person in Memphis Tennessee?

Frederick Smith – Founder of FedEx Corp based in Memphis, TN. Net worth around $2.3 Billion.

Who is the richest person in Cleveland Tennessee?

Allan Jones (businessman)

Allan Jones
Born December 31, 1952
Education Cleveland High School
Alma mater Middle Tennessee State University
Occupation Businessman

Where do the rich people in Tennessee live?

1. Nolensville. Much smaller than Brentwood, Nolensville is a suburb of Nashville and the richest town in Tennessee and is home to some of the wealthiest residents of the state. The small suburb of Nashville has a population of just 8,390.

What is the average pay in TN?

“We are pleased to report that the average wage for all occupations in Tennessee increased $0.30 cents per hour from $19.55 to $19.85/hourly,” Commissioner Burns Phillips said. Increase in the state’s average hourly wage represents a yearly average wage of $41,296.00.

Is Tennessee a wealthy state?

Tennessee is the thirty-fifth-richest state in the United States of America, with a per capita income of $28,764 (2017).

Is Franklin TN 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.

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How much is Thomas Frist Jr worth?

19.2 billion USD (2021)

How many millionaires are in Memphis Tennessee?

The Volunteer State has 88,284 millionaires, or 3.53 percent of all households.

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 Brentwood TN so rich?

BRENTWOOD – With its stately brick mansions and Land Rovers in high school parking lots, Brentwood is known for the wealth of its residents.Brentwood had a population of 37,060. Then, the cities were ranked based on median household income and median home value.

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

What is middle class income TN?

(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 considered high class in Tennessee?

In Memphis, Tennessee, you’re considered rich if you make $99,618, which ranked at the bottom on the list of cities. Tampa ranked right behind Memphis in the bottom spots followed by Miami, Cleveland, Ohio, and Las Vegas, Nevada. But at least we’re not San Jose, California.

Filed Under: United States

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About Trevor Zboncak

Trevor Zboncak is a bit of an old grump, but he's also one of the kindest people you'll ever meet. He loves to travel and see new places, but he's not a fan of airports or long flights. Trevor has been all over the world, and he has some amazing stories to tell. He's also a great photographer, and his pictures will take your breath away.

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