Columbia, Tennessee Income Statistics
Columbia Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
D
Columbia Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Columbia | Tennessee Avg | US Average |
|---|---|---|---|
| Median Household Income | $61,318 | $69,901 | $80,455 |
| Median Personal Income | $48,336 | $53,263 | $60,758 |
| Average Yearly Income Growth | 5.7% | 5.2% | 4.8% |
| Six-Figure Earners | 7.2% | 10.4% | 13.9% |
| $200k+ Households | 4.5% | 9.0% | 13.2% |
The median household income in Columbia is about 12% lower than in Tennessee. Income has been growing faster in Columbia (5.7%/yr) than in Tennessee (5.2%/yr).
About 7% of adults in Columbia 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 Columbia, Tennessee grew by 57.6% from 2009 to 2024, reaching $61,318 in 2024. That's an average of about 5.7% per year.
Income Inequality and the Gender Pay Gap in Columbia
| Metric | Columbia | Tennessee Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.529 | 0.542 | 0.552 |
| Male Median Income | $58,417 | $61,993 | $69,667 |
| Female Median Income | $45,703 | $50,108 | $56,850 |
| Gender Pay Gap | 21.8% | 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 Columbia, it is 0.529, 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 28% more than women's income in Columbia, Tennessee. Over a 35-year career, a 28% wage gap accumulates to roughly $444,990 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Columbia, Tennessee has narrowed from about 30% to 22% in 2024. Over that period the gap was widest at 30% in 2010, and was narrowest at 16% in 2023. In dollar terms, the gap has widened by $971 since 2009.
Employment
| Metric | Columbia | Tennessee Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.4% | 4.6% | 5.2% |
| Working from Home | 13.9% | 12.9% | 15.0% |
| Commute time (minutes) | 23 | 22 | 22 |
Approximately 297 people are unemployed in Columbia, Tennessee.
The average commute time in Columbia is 23 minutes, longer than the 22 minutes in Tennessee.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Columbia, Tennessee has fallen from 8.3% to 2.4% in 2024. Over that period the rate peaked at 11.1% in 2013.
Columbia, TN Wealth Compared With Nearby Cities
How Columbia, TN compares with the 1 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Columbia, TN | 26,144 | $61,318 #2/2 | 5.7%/yr #1/2 | 2.4% #2/2 | 0.529 #2/2 |
| Spring Hill, TN | 45,602 | $111,447 | 4.3%/yr | 2.2% | 0.509 |
Conclusion
Considering all these factors, Columbia, Tennessee has an overall wealth index grade of D, making it about on par with Tennessee, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Columbia, Tennessee.
How Rich Is Columbia, Tennessee?
Columbia has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $61,318, about 12% lower than the Tennessee average of $69,901.
How fast is household income rising in Columbia, Tennessee?
Between 2009 and 2024, the median household income in Columbia, Tennessee rose 58%, from $38,913 to $61,318. Over the same years, income here lagged behind Tennessee as a whole: +58% against +63%.
What was the median household income in Columbia in 2023?
In 2023, the median household income in Columbia, Tennessee was $58,409, up 4% from $56,036 in 2022. The Tennessee median that year was $67,483.
What was the median household income in Columbia in 2020?
In 2020, the median household income in Columbia, Tennessee was $48,960. By 2024 it had risen 25% to $61,318.
Is it hard to find a job in Columbia, Tennessee?
Unemployment in Columbia, Tennessee is only 2.4%, well below the Tennessee rate of 4.6%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Columbia, Tennessee?
The Gini coefficient in Columbia is 0.529. 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 Columbia, Tennessee?
Since 2009, the income gap between men and women in Columbia, Tennessee has narrowed from about 30% to 22% in 2024. Over that period the gap was widest at 30% in 2010, and was narrowest at 16% in 2023. In dollar terms, the gap has widened by $971 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →