Tennessee
Maps & Population Facts
Housing Estimates
Tennessee is the 16th most populated state in the US. The state is most known for its two major cities, Nashville and Memphis, which both have populations over 650,000 and have made significant contributions to the music industry.
The state ranks below average economically, but also has a lower cost of living.
Income
Households in the state of Tennessee earn less money than the national median income, averaging 15% less per household.
Housing
Tennessee has a median house price of $167,500. The cost of owning a home in Tennessee is less than most states. The cost of renting in Tennessee is 18% less than the national average.
| Percent | Ranking | |
|---|---|---|
| Renter Occupied Households | 35% | 20th |
| New Construction (Built after 2000) | 23% | 15th |
Demographics
The median age in the state is 39. The age of the general population in Tennessee is comparable with other US states.
Tennessee ranks worse than average for having an educated population. The state has less college graduates per resident than most states.
Housing Data
| Tennessee | USA | |
| Median Property Value | 167,500 | 217,600 |
| Median Mortgage Payment | 1,184 | 1,513 |
| Median Gross Rent | 833 | 1,012 |
| Property Vacancy | 12.5% | 12.6% |
| % Renters | 35% | 36% |
| Residents per Sq. Mi. | 164 | 93 |
| Tennessee | USA | |
| Median Household Income | 51,340 | 60,336 |
| Median Individual Income | 30,994 | 33,646 |
| Median Income (Full-Time) | 40,856 | 46,881 |
| Median Age | 38.6 | 38.1 |
| Labor Participation | 61.5% | 62.8% |
| Attained College Degree | 27.3% | 32.0% |
Population Density Analysis
Demographics
Most Populated Cities
| 1. | District 2 | 77,082 |
| 2. | District 3 | 76,247 |
| 3. | District 4 | 75,334 |
| 4. | District 5 | 73,973 |
| 5. | District 1- | 73,716 |
Highest Household Income
| 1. | District 6 | 154,149 |
| 2. | District 7 | 150,106 |
| 3. | District 34 | 128,421 |
| 4. | District 4 | 127,552 |
| 5. | District 5 | 121,622 |
Highest Home Value
| 1. | District 34 | 640,700 |
| 2. | District 7 | 628,700 |
| 3. | District 6 | 565,400 |
| 4. | District 18 | 501,300 |
| 5. | District 4 | 475,300 |
Highest Gross Rent
| 1. | District 6 | 2,500 |
| 2. | District 5 | 2,038 |
| 3. | District 7 | 1,913 |
| 4. | District 25 | 1,731 |
| 5. | District 2 | 1,725 |