IncomeBy County

Meigs County, Tennessee

Income Data

-1% vs. Tennessee average
$58,395
Median Household Income
$30,197
Per Capita Income

At a Glance

Median Household Income
$58,395
-1% vs. state avg
Per Capita Income
$30,197
-23% vs. national
Income-to-Housing Ratio
31.5%
income as % of home value
Rank in Tennessee
#43 / 95
by median household income

How Meigs County Compares

Meigs County$58,395
Tennessee Average$58,994
National Median$74,755

Detailed Income Statistics

$58,395
Median Household Income
$30,197
Per Capita Income
$185,500
Median Home Value
31.5%
Income-to-Housing Ratio

Data Story

About Household Income in Meigs County, Tennessee

Meigs County trails the national income median

Meigs County's median household income of $58,395 falls $16,360 short of the national median of $74,755, placing it in the lower-middle income category. Per capita income of $30,197 also lags the state average of $31,458 by 4%, indicating limited earning power across the county.

Below state average in household earnings

Meigs County earns $599 less than the Tennessee state average of $58,994, placing it just barely below the state norm. While close to state averages, the county still signals economic challenges requiring workforce development and employment diversification.

Middling income among region's counties

Meigs County's $58,395 income positions it near the regional midpoint—above McNairy County ($50,714) and Monroe County ($56,648) but well below Marshall County ($70,829). The county faces moderate income pressure compared to wealthier neighbors like Maury and Montgomery counties.

Housing costs require careful budgeting

Meigs County's rent-to-income ratio of 17.4% puts housing costs above typical comfort levels, signaling budget strain for median-income households. A median home value of $185,500 remains relatively accessible, though down payments and monthly obligations require disciplined financial planning.

Build wealth through deliberate planning

With incomes below both state and national averages, Meigs County residents should prioritize budgeting and savings discipline. Consider first-time homebuyer programs to leverage affordable property values, explore employer retirement matching, and seek higher-wage employment paths to accelerate wealth accumulation.

Frequently Asked Questions

What is the median household income in Meigs County, Tennessee?
The median household income in Meigs County, Tennessee is $58,395, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Meigs County?
The per capita income in Meigs County is $30,197, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $58,395.
How does Meigs County compare to the Tennessee average?
Meigs County's median household income of $58,395 is lower than the Tennessee state average of $58,994. The per capita income is $30,197, compared to the state average of $31,458.
What is the per capita income in Meigs County, Tennessee?
The per capita income in Meigs County, Tennessee is $30,197, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Meigs County a low-income area in Tennessee?
Meigs County's median household income of $58,395 is below the Tennessee average of $58,994. The per capita income of $30,197 is also lower than the state average of $31,458. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Meigs County rank for income in Tennessee?
Meigs County ranks #43 out of 95 counties in Tennessee by median household income (1 = highest). With a median household income of $58,395 and per capita income of $30,197, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Meigs County

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Your income is above the Meigs County median

County median: $58,395 per year

vs. County Median

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vs. State Average

-1%

vs. National Median

-22%

vs. Meigs County MedianAbout equal
vs. Tennessee Average▼ 1% below
vs. National Median▼ 22% below

Income Adequacy

Monthly income covers median rent5.8x

Your monthly income ($4,866) vs. median rent ($845/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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$58,409
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$58,411
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Madison County
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$58,435
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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