Smith County, Tennessee
Income Data
At a Glance
How Smith County Compares
Detailed Income Statistics
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
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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%
Income Adequacy
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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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.