GITNUX MARKETDATA REPORT 2024
Statistics About The Average Income In Tennessee
The average income in Tennessee is $51,340 based on the latest available data.
In this post, we analyze the income statistics of Tennessee based on data from 2020. From the median household income to gender wage gaps and city-specific averages, we uncover a comprehensive picture of the state’s economic landscape. Let’s dive into the numbers to gain a deeper understanding of income distribution and disparities within Tennessee.
Statistic 1
"The median household income in Tennessee was $56,071 in 2020."
Statistic 2
"Between 2019 and 2020, the median household income in Tennessee decreased by 1.21%."
Statistic 3
"The per capita income was $29,859 in 2020 in Tennessee."
Statistic 4
"Knoxville, Tennessee has an average income of $25,758."
Statistic 5
"In Memphis, the median household income is $41,228."
Statistic 6
"The average household income in Nashville, Tennessee is $68,804."
Statistic 7
"The median income for a family in Tennessee was $65,833 in 2020."
Statistic 8
"Female full-time workers in Tennessee earn approximately 85% of what male full-time workers do."
Statistic 9
"As of 2020, 10% of the households in Tennessee made less than $10k per year."
Statistic 10
"Nashville, Tennessee has the highest median household income among the major cities, at $70,262."
Statistic 11
"The average income of the top 1% of Tennessee earners is 19.9 times greater than the average income of the remaining 99%."
Statistic 12
"The median income for a household in Chattanooga, Tennessee is $44,534."
Statistic 13
"The average income of an individual in Jackson, Tennessee is $23,586."
Statistic 14
"The average household income in Tennessee was $63,925 in 2018."
Statistic 15
"The median income for a household in Clarksville, Tennessee is $53,007."
Statistic 16
"The median income in Murfreesboro, Tennessee is $60,292."
Statistic 17
"The estimated per capita income in Rural Tennessee was $25,555 in 2019."
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