Grundy County, Tennessee
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Grundy County Compares
Detailed Income Statistics
Income Advisory: Grundy County
Income Verdict
Grundy County has a median household income of $45,573 and per capita income of $24,411 — a gap of $21,162, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $723/month and a median household income of $45,573, rent consumes approximately 19.0% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $45,573, residents of Grundy County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $24,411 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Grundy County earns approximately 22.7% below the Tennessee state median household income of $58,994.
Data Story
About Household Income in Grundy County, Tennessee
Grundy County faces deep income gap
Grundy County's median household income of $45,573 is the lowest in this group, falling $29,182 short of the national median of $74,755—a striking 39% gap. The county ranks among America's lowest-income areas, reflecting severe economic constraints and limited employment opportunities.
Tennessee's lowest among these counties
At $45,573, Grundy County ranks at the very bottom of this peer group and far below Tennessee's state average of $58,994, trailing by $13,421. The county faces profound structural economic challenges that suppress household earnings across most sectors.
Dramatically lower than peers
Grundy County's $45,573 income is the lowest in this regional group—nearly $16,000 below Franklin and Giles counties and roughly $5,000 below even struggling Fentress County. Only Grundy faces such severe income depression, indicating acute local economic distress.
Housing burden strains households
Grundy County's rent-to-income ratio of 19.0% is the highest in this group, meaning housing costs consume nearly one of every five income dollars. With median home values of $133,400, even affordable properties stretch household budgets tight, leaving little for other necessities or savings.
Seek support for financial stability
Grundy County residents should prioritize financial counseling and access to community resources to build economic stability. Even small emergency savings buffers and education about low-cost investment options can create foundations for gradual wealth building despite income constraints.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Grundy County
Your income is above the Grundy County median
County median: $45,573 per year
vs. County Median
+0%
vs. State Average
-23%
vs. National Median
-39%
Income Adequacy
Your monthly income ($3,798) vs. median rent ($723/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.