The poverty rate in Nashville-Davidson metropolitan government (balance) is 17.2%. One out of every 5.8 residents of Nashville-Davidson metropolitan government (balance) lives in poverty.
What is the poorest city in Tennessee?
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.
Is Nashville Tennessee rich?
Nashville has three billionaires with a collective net worth of $20.7 billion, making it the top city in Tennessee in terms of billionaire wealth, according to a new analysis from the financial news website 24/7 Wall St. The wealthiest people in the city are Thomas Frist Jr.
What is the poverty level in Nashville Tennessee?
Table
| Population | |
|---|---|
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $62,515 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $37,958 |
| Persons in poverty, percent | 12.8% |
Is Tennessee 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 2022.
| State | Mean Household Income |
|---|---|
| Idaho | $73,810 |
| Montana | $74,190 |
| Tennessee | $74,750 |
| Indiana | $75,025 |
What is the richest city in TN?
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.
Why is Tennessee poor?
The area’s high poverty is attributable in part to a lack of economic opportunity, as the local five-year average jobless rate of 6.8% is also the highest of any metro area in the state. All data used in this story are five-year estimates from the U.S. Census Bureau’s 2019 American Community Survey.
Where do rich live in Nashville?
Belle Meade – With homes ranging all the way up to $18 million, this is one of the most expensive areas in the entire city. You will find many homes on large lots with at least 5,000 square feet in this neighborhood. Green Hills – Many homes in this neighborhoods range from $1 to $3 million.
What is poorest county in TN?
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.
How much is a good salary in Nashville?
Average Salary in Nashville, TN
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $87,462 | $7,288 |
| 75th Percentile | $71,913 | $5,992 |
| Average | $58,808 | $4,900 |
| 25th Percentile | $48,104 | $4,008 |
How white is Nashville?
(Nashville is 60.5 percent white, 10 percent Hispanic, 28.4 percent black and 3.1 percent Asian). The average household size is 2.63. (Nashville is 2.36) The average foreign-born population is 13 percent.
Is Nashville a good place to live?
Nashville has been named the 15th best place to live in the country — and it’s not because of the honky-tonks. Well, not just because of the honky-tonks. “Food is also a really big deal,” new U.S. News and World Report ranking said.
What percentage of Nashville is black?
Black population in Nashville, Tennessee are 181,426, percentage wise 27.1 percent are blacks.
What is the poorest US state?
Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%), and Minnesota (9.33%).
Is Tennessee Poor or rich?
From the 2022 edition of Rich States, Poor States.
Current Economic Outlook Ranks (2022 Edition)
| State | 2022 Ranking |
|---|---|
| Texas | 11th |
| South Dakota | 12th |
| Tennessee | 13th |
| Wisconsin | 14th |
Is Tennessee wealthy?
Tennessee is the thirty-fifth-richest state in the United States of America, with a per capita income of $28,764 (2017).
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 do wealthy people live in TN?
Top 9 Richest Cities In Tennessee
- City 9: Farragut. – Median household income: $106,032 – Median property value: $350,300.
- City 8: Collierville.
- City 7: Germantown.
- City 6: Lookout Mountain.
- City 5: Nolensville.
- City 4: Oak Hill.
- City 3: Brentwood.
- City 2: Belle Meade.
How many billionaires are in TN?
Billionaires are ranked by net worth as of March 31. Forbes lists 11 billionaires in Tennessee.
Is Tennessee a welfare state?
Tennessee’s 2019 welfare surplus is the largest in the country, according to a recent report by the Beacon Center of Tennessee, a fiscally conservative think tank. Last year, Tennessee spent only $71 million of the $191 million it got from the federal government.
What rank is Tennessee in education?
Education Rankings
| Rank | State | Pre-K-12 |
|---|---|---|
| 33 | Tennessee Tennessee | 31 |
| 34 | Texas Texas | 35 |
| 35 | Oregon Oregon | 37 |
| 36 | Kentucky Kentucky | 33 |
