How much money do you need to live comfortably in Tennessee?
NASHVILLE, Tenn. –A study by personal finance company Go Banking Rates finds in order to live comfortably in Nashville, residents need to make $80,548 per year. The study examined housing costs, the price of necessities such as food and healthcare, and average incomes among America’s 50 largest cities.
What is a good salary in Tennessee?
Tennessee was ranked near the bottom of the list for states with the best average salary. Tennessee was ranked number 41, just before Georgia at 42. According to Business.org, Tennessee’s average salary is $34,890 per year.
What is considered middle class income in TN?
(The Center Square) – In Tennessee, households must earn a minimum of $21,573 per year to be considered middle class, with the upper earnings boundary set at $98,679, according to a new 24/7 Wall St. analysis. The middle class income range varies greatly by state, depending on the cost of living, the analysis found.
What is a livable wage in Tennessee?
Living Wage Calculation for Davidson County, Tennessee
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $14.84 | $30.69 |
| Poverty Wage | $6.13 | $12.60 |
| Minimum Wage | $7.25 | $7.25 |
What is low income in Tennessee?
What is considered low income? Generally, to be considered low income, total household income must be at or below 80% of Area Median Income (AMI), adjusted for household size.
How many millionaires are in Tennessee?
Tennessee is ranked 42nd on the list of US millionaires. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. There are more than 130.000 millionaire households in the state of Tennessee.
What is the wealthiest city in Tennessee?
Detailed List Of The Richest Cities In Tennessee
| Rank | City | Median Income |
|---|---|---|
| 1 | Nolensville | $134,740 |
| 2 | Brentwood | $168,688 |
| 3 | Collierville | $113,996 |
| 4 | Farragut | $108,511 |
What is the richest county in Tennessee?
Williamson
What is the cheapest county to live in Tennessee?
10 most affordable places to live in Tennessee in 2021.
- Chattanooga.
- Johnson City.
- Clarksville.
- Oak Ridge.
- Murfreesboro.
- Collierville.
- Bartlett.
- Portland.
What’s the richest county in Tennessee?
What is upper class in Tennessee?
While ZipRecruiter is seeing salaries as high as $93,778 and as low as $18,950, the majority of salaries within the Upper Class jobs category currently range between $36,928 (25th percentile) to $63,653 (75th percentile) with top earners (90th percentile) making $77,744 annually in Nashville.