Carroll County, Tennessee
Income Data
At a Glance
How Carroll County Compares
Detailed Income Statistics
Data Story
About Household Income in Carroll County, Tennessee
Carroll County earns 33% below the nation
Carroll County's median household income of $50,391 trails the U.S. median of $74,755 by nearly $24,000 annually. This income gap places Carroll among the lower-earning counties nationally, reflecting economic challenges common to rural Tennessee communities.
Below average for Tennessee
At $50,391, Carroll County's median income falls $8,603 short of Tennessee's state average of $58,994. The county ranks in the lower half of Tennessee's 95 counties, indicating limited wage growth compared to state peers.
Struggling alongside rural peers
Carroll County's $50,391 median income sits between similarly rural counties like Cocke County ($48,416) and Chester County ($60,543). Nearby Cheatham County ($82,015) demonstrates what stronger economic diversification can achieve in the region.
Housing remains affordable here
With an 18% rent-to-income ratio, Carroll County residents spend a manageable share of earnings on housing—well below the 30% threshold for affordability stress. A median home value of $122,100 aligns reasonably with local incomes, keeping homeownership within reach for many families.
Build financial security now
Carroll County households earning $50,391 can strengthen their future by prioritizing emergency savings and exploring low-cost investment vehicles like employer 401(k) matches or Roth IRAs. Even modest contributions compound over time, helping bridge the gap between local earnings and rising living costs.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Carroll County median
County median: $50,391 per year
vs. County Median
+0%
vs. State Average
-15%
vs. National Median
-33%
Income Adequacy
Your monthly income ($4,199) vs. median rent ($757/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.