Anderson County, Tennessee Income Statistics
Anderson County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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C
Anderson County Below averageWealthier than 71% of counties in Tennessee
Source: Map AI Methodology
Income Statistics Overview
| Metric | Anderson County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,394 | $69,901 | $80,455 |
| Median Personal Income | $50,556 | $53,263 | $60,758 |
| Average Yearly Income Growth | 5.4% | 5.2% | 4.8% |
| Six-Figure Earners | 9.7% | 10.4% | 13.9% |
| $200k+ Households | 7.4% | 9.0% | 13.2% |
The median household income in Anderson County is about 4% lower than in Tennessee. Income has been growing faster in Anderson County (5.4%/yr) than in Tennessee (5.2%/yr).
About 10% of adults in Anderson County earn six figures ($100,000 or more) a year, lower than the Tennessee average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Anderson County, Tennessee grew by 58.4% from 2009 to 2024, reaching $67,394 in 2024. That's an average of about 5.4% per year.
Income Inequality and the Gender Pay Gap in Anderson County
| Metric | Anderson County | Tennessee Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.532 | 0.542 | 0.552 |
| Male Median Income | $59,042 | $61,993 | $69,667 |
| Female Median Income | $49,546 | $50,108 | $56,850 |
| Gender Pay Gap | 16.1% | 19.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Anderson County, it is 0.532, lower than Tennessee's 0.542, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 19% more than women's income in Anderson County, Tennessee. Over a 35-year career, a 19% wage gap accumulates to roughly $332,360 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Anderson County, Tennessee has narrowed from about 27% to 16% in 2024. Over that period the gap was widest at 31% in 2016, and was narrowest at 15% in 2023. In dollar terms, the gap has narrowed by $2,566 since 2009.
Employment
| Metric | Anderson County | Tennessee Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.7% | 4.6% | 5.2% |
| Working from Home | 13.1% | 12.9% | 15.0% |
| Commute time (minutes) | 23 | 22 | 22 |
Approximately 1,391 people are unemployed in Anderson County, Tennessee.
The average commute time in Anderson County is 23 minutes, longer than the 22 minutes in Tennessee.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Anderson County, Tennessee has fallen from 8.0% to 3.7% in 2024. Over that period the rate peaked at 8.9% in 2013.
Anderson County, TN Wealth Compared With Nearby Counties
Anderson County, TN is the 2nd largest of the 6 counties compared here, 79,153 residents against a local median of 55,193. Nothing separates Anderson County, TN sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is income growth, 9% below the local median at 5.4%/yr against 5.9%/yr. Anderson County, TN has the 5th highest income growth of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Anderson County, TN | 79,153 | $67,394 #4/6 | 5.4%/yr #5/6 | 3.7% #4/6 | 0.532 #3/6 |
| Campbell County, TN | 39,761 | $51,969 | 5.6%/yr | 5.0% | 0.534 |
| Knox County, TN | 494,148 | $74,263 | 5.0%/yr | 3.5% | 0.543 |
| Union County, TN | 20,431 | $63,970 | 6.7%/yr | 2.6% | 0.518 |
| Loudon County, TN | 58,580 | $84,040 | 5.9%/yr | 2.8% | 0.522 |
| Roane County, TN | 55,193 | $71,461 | 6.8%/yr | 4.9% | 0.547 |
Conclusion
Considering all these factors, Anderson County, Tennessee has an overall wealth index grade of C, making it about on par with Tennessee, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Anderson County, Tennessee.
How Wealthy Is Anderson County, Tennessee?
Anderson County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $67,394, about 4% lower than the Tennessee average of $69,901.
Are incomes growing in Anderson County, Tennessee?
Between 2009 and 2024, the median household income in Anderson County, Tennessee rose 58%, from $42,554 to $67,394. Over the same years, income here lagged behind Tennessee as a whole: +58% against +63%.
What was the median household income in Anderson County in 2023?
In 2023, the median household income in Anderson County, Tennessee was $63,107, up 4% from $60,963 in 2022. The Tennessee median that year was $67,483.
What was the median household income in Anderson County in 2020?
In 2020, the median household income in Anderson County, Tennessee was $52,117. By 2024 it had risen 29% to $67,394.
What is the Gini coefficient in Anderson County, Tennessee?
The Gini coefficient in Anderson County is 0.532. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Anderson County, Tennessee?
Since 2009, the income gap between men and women in Anderson County, Tennessee has narrowed from about 27% to 16% in 2024. Over that period the gap was widest at 31% in 2016, and was narrowest at 15% in 2023. In dollar terms, the gap has narrowed by $2,566 since 2009.
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