Haywood County, Tennessee
Income Data
At a Glance
How Haywood County Compares
Detailed Income Statistics
Data Story
About Household Income in Haywood County, Tennessee
Haywood County faces significant income gap
Haywood County's median household income of $43,513 is 42% below the national median of $74,755, placing it among America's lower-income counties. The gap reflects limited job diversity and the county's dependence on agriculture and small-scale manufacturing.
Below-average income statewide
Haywood County earns 26% less than Tennessee's state median of $58,994, ranking it among the state's economically challenged counties. Per capita income of $25,554 also trails the state average of $31,458, indicating constrained earning power across households.
Lower end of rural county spectrum
Haywood County's $43,513 median income ranks among the lowest in the region, exceeding only Hancock County ($31,995) but trailing Hardeman ($46,173) and Henderson ($53,471) by $3,000–$10,000. The county's economic position reflects structural challenges in rural West Tennessee.
Housing costs pressure household budgets
A rent-to-income ratio of 20.0% means one-fifth of median household income goes to rent, approaching affordability strain. With a median home value of $119,600 and limited incomes, residents require disciplined saving and stable employment to achieve homeownership.
Strategic steps for Haywood residents
Start by building a modest emergency fund of $300–$500 through automatic transfers, then explore whether employer benefits like pensions or matching contributions exist. Research community development programs or vocational training that align with growing sectors in neighboring counties—even a small income increase significantly improves long-term financial outcomes.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Haywood County median
County median: $43,513 per year
vs. County Median
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vs. State Average
-26%
vs. National Median
-42%
Income Adequacy
Your monthly income ($3,626) vs. median rent ($725/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.