Haywood County, Tennessee Income Statistics
Haywood 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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D
Haywood County Well below averageLess wealthy than 91% of counties in Tennessee
Source: Map AI Methodology
Income Statistics Overview
| Metric | Haywood County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Household Income | $47,481 | $69,901 | $80,455 |
| Median Personal Income | $40,606 | $53,263 | $60,758 |
| Average Yearly Income Growth | 4.1% | 5.2% | 4.8% |
| Six-Figure Earners | 4.2% | 10.4% | 13.9% |
| $200k+ Households | 4.0% | 9.0% | 13.2% |
The median household income in Haywood County is about 32% lower than in Tennessee. Income has been growing slower in Haywood County (4.1%/yr) than in Tennessee (5.2%/yr).
About 4% of adults in Haywood 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 Haywood County, Tennessee grew by 55.0% from 2009 to 2024, reaching $47,481 in 2024. That's an average of about 4.1% per year.
Income Inequality and the Gender Pay Gap in Haywood County
| Metric | Haywood County | Tennessee Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.534 | 0.542 | 0.552 |
| Male Median Income | $48,957 | $61,993 | $69,667 |
| Female Median Income | $43,072 | $50,108 | $56,850 |
| Gender Pay Gap | 12.0% | 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 Haywood County, it is 0.534, 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 14% more than women's income in Haywood County, Tennessee. Over a 35-year career, a 14% wage gap accumulates to roughly $205,975 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Haywood County, Tennessee has widened from about 8% to 12% in 2024. Over that period the gap was widest at 25% in 2018, and was narrowest at 6% in 2021. In dollar terms, the gap has widened by $3,102 since 2009.
Sharply against the trend: the pay gap in Haywood County widened by 3.6 points while Tennessee's narrowed by 3.7 points.
Employment
| Metric | Haywood County | Tennessee Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.9% | 4.6% | 5.2% |
| Working from Home | 5.8% | 12.9% | 15.0% |
| Commute time (minutes) | 22 | 22 | 22 |
Approximately 468 people are unemployed in Haywood County, Tennessee.
The average commute time in Haywood County is 22 minutes, about the same as in Tennessee.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Haywood County, Tennessee has fallen from 13.7% to 5.9% in 2024. Over that period the rate fell as low as 5.8% in 2020.
Haywood County, TN Wealth Compared With Nearby Counties
Haywood County, TN is the 5th largest of the 6 counties compared here, 17,475 residents against a local median of 25,433. The measure that sets Haywood County, TN apart most is income growth: 4.1%/yr, 28% below the local median of 5.6%/yr. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $47,481 against a local median of $60,051, 21% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Haywood County, TN reads weaker than its neighbours on all of them. The counties themselves spread 2.5%/yr on income growth, so Haywood County, TN sits at one end of an already wide local range rather than apart from it. Haywood 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. |
|---|---|---|---|---|---|
| Haywood County, TN | 17,475 | $47,481 #5/6 | 4.1%/yr #5/6 | 5.9% #4/6 | 0.534 #2/6 |
| Crockett County, TN | 13,944 | $62,570 | 6.4%/yr | 2.9% | 0.492 |
| Lauderdale County, TN | 24,687 | $49,811 | 5.6%/yr | 5.6% | 0.575 |
| Fayette County, TN | 43,762 | $87,617 | 5.9%/yr | 4.7% | 0.542 |
| Madison County, TN | 99,295 | $60,051 | 3.9%/yr | 7.0% | 0.539 |
| Hardeman County, TN | 25,433 | $46,091 | 4.1%/yr | 9.8% | 0.581 |
Conclusion
Considering all these factors, Haywood County, Tennessee has an overall wealth index grade of D, making it somewhat worse than Tennessee, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Haywood County, Tennessee.
How Rich Is Haywood County, Tennessee?
Haywood County 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 $47,481, about 32% lower than the Tennessee average of $69,901.
Are incomes growing in Haywood County, Tennessee?
Between 2009 and 2024, the median household income in Haywood County, Tennessee rose 55%, from $30,623 to $47,481. Over the same years, income here lagged behind Tennessee as a whole: +55% against +63%.
What was the median household income in Haywood County in 2023?
In 2023, the median household income in Haywood County, Tennessee was $42,165, down 2% from $43,203 in 2022. The Tennessee median that year was $67,483.
What was the median household income in Haywood County in 2020?
In 2020, the median household income in Haywood County, Tennessee was $38,795. By 2024 it had risen 22% to $47,481.
How strong is the job market in Haywood County, Tennessee?
Unemployment in Haywood County, Tennessee is 5.9%, well above the Tennessee rate of 4.6%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Haywood County, Tennessee?
The Gini coefficient in Haywood County is 0.534. 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 Haywood County, Tennessee?
Since 2009, the income gap between men and women in Haywood County, Tennessee has widened from about 8% to 12% in 2024. Over that period the gap was widest at 25% in 2018, and was narrowest at 6% in 2021. In dollar terms, the gap has widened by $3,102 since 2009.
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