Morgan County, Tennessee

Income Data

-3% vs. Tennessee average
$57,408
Median Household Income
$30,576
Per Capita Income

At a Glance

Median Household Income
$57,408
-3% vs. state avg
Per Capita Income
$30,576
-23% vs. national
Income-to-Housing Ratio
39.9%
income as % of home value
Rank in Tennessee
#48 / 95
by median household income

How Morgan County Compares

Morgan County$57,408
Tennessee Average$58,994
National Median$74,755

Detailed Income Statistics

$57,408
Median Household Income
$30,576
Per Capita Income
$144,000
Median Home Value
39.9%
Income-to-Housing Ratio

Data Story

About Household Income in Morgan County, Tennessee

Morgan County Lags Behind National Income

Morgan County's median household income of $57,408 falls $17,347 short of the national median of $74,755. This 23% gap means typical households here earn roughly four-fifths what Americans earn on average nationwide.

Above Average for Tennessee Counties

Morgan County ranks above Tennessee's state average median household income of $58,994, placing it among the stronger performers statewide. The county's per capita income of $30,576 also edges close to the state average of $31,458.

Middle Income Among Peer Counties

Morgan County's $57,408 median income positions it in the middle of its rural Tennessee peers. Nearby Polk County ($60,227) and Rhea County ($58,133) earn slightly more, while Overton County ($46,159) and Pickett County ($44,591) fall considerably below.

Rent Affordable, but Housing Stretched

At 15.5%, Morgan County's rent-to-income ratio sits comfortably below the 30% affordability threshold, meaning renters spend a manageable share of earnings on housing. However, the median home value of $144,000 represents 2.5 years of gross household income—a significant financial commitment for wealth-building.

Build Savings with Stable Housing Costs

Morgan County households have breathing room in their budgets thanks to affordable rents and moderate home prices. With housing costs under control, now is the time to establish an emergency fund and explore retirement investments to close the income gap with wealthier counties.

Frequently Asked Questions

What is the median household income in Morgan County, Tennessee?
The median household income in Morgan County, Tennessee is $57,408, 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 Morgan County?
The per capita income in Morgan County is $30,576, 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 $57,408.
How does Morgan County compare to the Tennessee average?
Morgan County's median household income of $57,408 is lower than the Tennessee state average of $58,994. The per capita income is $30,576, compared to the state average of $31,458.
What is the per capita income in Morgan County, Tennessee?
The per capita income in Morgan County, Tennessee is $30,576, 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 Morgan County a low-income area in Tennessee?
Morgan County's median household income of $57,408 is below the Tennessee average of $58,994. The per capita income of $30,576 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 Morgan County rank for income in Tennessee?
Morgan County ranks #48 out of 95 counties in Tennessee by median household income (1 = highest). With a median household income of $57,408 and per capita income of $30,576, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Morgan County

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County median: $57,408 per year

vs. County Median

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vs. State Average

-3%

vs. National Median

-23%

vs. Morgan County MedianAbout equal
vs. Tennessee Average3% below
vs. National Median23% below

Income Adequacy

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Your monthly income ($4,784) vs. median rent ($742/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.