Smith County, Tennessee

Income Data

+6% vs. Tennessee average
$62,799
Median Household Income
$32,720
Per Capita Income

At a Glance

Median Household Income
$62,799
+6% vs. state avg
Per Capita Income
$32,720
-17% vs. national
Income-to-Housing Ratio
28.0%
income as % of home value
Rank in Tennessee
#26 / 95
by median household income

How Smith County Compares

Smith County$62,799
Tennessee Average$58,994
National Median$74,755

Detailed Income Statistics

$62,799
Median Household Income
$32,720
Per Capita Income
$224,500
Median Home Value
28.0%
Income-to-Housing Ratio

Data Story

About Household Income in Smith County, Tennessee

Smith earns above state, below nation

Smith County's median household income of $62,799 exceeds Tennessee's state average of $58,994 but falls $11,956 short of the national median of $74,755. This positions Smith as a typical rural Tennessee county with moderate wage growth.

Smith ranks solidly in Tennessee middle

Smith County's median household income of $62,799 places it slightly above Tennessee's middle percentile among 95 counties, 6.5% above the state average. The county benefits from diverse agriculture, light manufacturing, and government employment.

Smith compares to other mid-tier counties

Smith's $62,799 income ranks fifth among these eight counties, placing it between Shelby County ($62,337) and Sevier County ($63,829). The county significantly underperforms Nashville-area leaders like Rutherford and Robertson, but outearns rural counties like Sequatchie and Scott.

Housing costs remain reasonable

Smith's rent-to-income ratio of 16.8% is favorable, with a median home value of $224,500 requiring approximately $37,800 annually in housing costs. This leaves households reasonable flexibility for savings and other essential expenses.

Invest the housing advantage wisely

Smith County's favorable housing-to-income ratio creates opportunity to save aggressively; households should direct monthly surplus into automated retirement contributions and diversified investments. Consider opening a taxable brokerage account alongside 401(k)s to accelerate wealth-building on above-median housing affordability.

Frequently Asked Questions

What is the median household income in Smith County, Tennessee?
The median household income in Smith County, Tennessee is $62,799, 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 Smith County?
The per capita income in Smith County is $32,720, 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 $62,799.
How does Smith County compare to the Tennessee average?
Smith County's median household income of $62,799 is higher than the Tennessee state average of $58,994. The per capita income is $32,720, compared to the state average of $31,458.
What is the per capita income in Smith County, Tennessee?
The per capita income in Smith County, Tennessee is $32,720, 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.
Why is Smith County income higher than the Tennessee average?
Smith County's median household income of $62,799 is higher than the Tennessee average of $58,994. This difference of $3,805 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Smith County rank for income in Tennessee?
Smith County ranks #26 out of 95 counties in Tennessee by median household income (1 = highest). With a median household income of $62,799 and per capita income of $32,720, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Smith County

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Your income is above the Smith County median

County median: $62,799 per year

vs. County Median

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vs. State Average

+6%

vs. National Median

-16%

vs. Smith County MedianAbout equal
vs. Tennessee Average6% above
vs. National Median16% below

Income Adequacy

Monthly income covers median rent6.0x

Your monthly income ($5,233) vs. median rent ($877/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.