Monroe County, Tennessee

Income Data

-4% vs. Tennessee average
$56,648
Median Household Income
$29,107
Per Capita Income

At a Glance

Median Household Income
$56,648
-4% vs. state avg
Per Capita Income
$29,107
-26% vs. national
Income-to-Housing Ratio
28.4%
income as % of home value
Rank in Tennessee
#51 / 95
by median household income

How Monroe County Compares

Monroe County$56,648
Tennessee Average$58,994
National Median$74,755

Detailed Income Statistics

$56,648
Median Household Income
$29,107
Per Capita Income
$199,700
Median Home Value
28.4%
Income-to-Housing Ratio

Data Story

About Household Income in Monroe County, Tennessee

Monroe County earns well below national average

Monroe County's median household income of $56,648 trails the national median of $74,755 by $18,107—a 24% shortfall that reflects significant economic disadvantage. Per capita income of $29,107 falls notably below the state average of $31,458, indicating limited earning potential across the community.

Below Tennessee state average income

Monroe County earns $2,346 less than the Tennessee state average of $58,994, placing it among the state's lower-income communities. This modest gap masks deeper structural employment challenges that require targeted economic development.

Second-lowest income in the regional group

Monroe County's $56,648 median income edges above only McNairy County ($50,714) in the region but lags all other comparable counties. The $17,514 gap to Maury County ($74,162) highlights stark income inequality within this rural Tennessee region.

Best housing affordability in the region

Monroe County's rent-to-income ratio of 14.8%—the lowest in this county group—keeps housing costs very manageable and well below the 30% affordability threshold. A median home value of $199,700 makes homeownership accessible for county-median households, providing a wealth-building opportunity.

Seize housing equity and income growth opportunities

Monroe County's excellent housing affordability creates an ideal window for building wealth through homeownership before prices appreciate further. Focus simultaneously on increasing household income through career advancement, skill development, and exploring remote work opportunities from higher-wage markets.

Frequently Asked Questions

What is the median household income in Monroe County, Tennessee?
The median household income in Monroe County, Tennessee is $56,648, 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 Monroe County?
The per capita income in Monroe County is $29,107, 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 $56,648.
How does Monroe County compare to the Tennessee average?
Monroe County's median household income of $56,648 is lower than the Tennessee state average of $58,994. The per capita income is $29,107, compared to the state average of $31,458.
What is the per capita income in Monroe County, Tennessee?
The per capita income in Monroe County, Tennessee is $29,107, 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 Monroe County a low-income area in Tennessee?
Monroe County's median household income of $56,648 is below the Tennessee average of $58,994. The per capita income of $29,107 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 Monroe County rank for income in Tennessee?
Monroe County ranks #51 out of 95 counties in Tennessee by median household income (1 = highest). With a median household income of $56,648 and per capita income of $29,107, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Monroe County

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Your income is above the Monroe County median

County median: $56,648 per year

vs. County Median

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vs. State Average

-4%

vs. National Median

-24%

vs. Monroe County MedianAbout equal
vs. Tennessee Average4% below
vs. National Median24% below

Income Adequacy

Monthly income covers median rent6.8x

Your monthly income ($4,721) vs. median rent ($699/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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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.