Rhea County, Tennessee
Income Data
At a Glance
How Rhea County Compares
Detailed Income Statistics
Data Story
About Household Income in Rhea County, Tennessee
Rhea County Trails National Income Standard
Rhea County's median household income of $58,133 falls $16,622 short of the national median of $74,755, a 22% gap. Typical households earn roughly three-quarters of what average American households make.
Nearly Matches Tennessee's State Average
Rhea County's $58,133 median income nearly aligns with Tennessee's state average of $58,994, placing it at the statewide baseline. The per capita income of $28,160 falls below the state average of $31,458, suggesting some income concentration.
Third-Strongest Income in Peer Group
Rhea County's $58,133 median income ranks third among its rural peers, behind only Polk County ($60,227) and Putnam County ($56,537). The county substantially outpaces lower-income neighbors like Overton ($46,159) and Pickett ($44,591).
Moderate Rent, High Home Values
Rhea County's rent-to-income ratio of 16.4% remains comfortably affordable for renters. However, the median home value of $178,500 represents 3.1 years of gross household income—higher than several peers—creating a wealth-building challenge for aspiring homeowners.
Balanced Approach to Home and Savings
Rhea County households should weigh homeownership timing carefully given elevated home prices relative to income. Prioritize building robust savings and exploring first-time homebuyer programs before committing to purchase; simultaneously, invest in retirement accounts to build wealth beyond real estate.
Frequently Asked Questions
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Income Comparison Calculator
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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.