Jackson, Tennessee Income Statistics
Jackson 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
Jackson Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Jackson | Tennessee Avg | US Average |
|---|---|---|---|
| Median Household Income | $52,803 | $69,901 | $80,455 |
| Median Personal Income | $46,771 | $53,263 | $60,758 |
| Average Yearly Income Growth | 3.9% | 5.2% | 4.8% |
| Six-Figure Earners | 6.2% | 10.4% | 13.9% |
| $200k+ Households | 4.4% | 9.0% | 13.2% |
The median household income in Jackson is about 24% lower than in Tennessee. Income has been growing slower in Jackson (3.9%/yr) than in Tennessee (5.2%/yr).
About 6% of adults in Jackson 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 Jackson, Tennessee grew by 52.5% from 2009 to 2024, reaching $52,803 in 2024. That's an average of about 3.9% per year.
Income Inequality and the Gender Pay Gap in Jackson
| Metric | Jackson | Tennessee Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.551 | 0.542 | 0.552 |
| Male Median Income | $51,943 | $61,993 | $69,667 |
| Female Median Income | $47,447 | $50,108 | $56,850 |
| Gender Pay Gap | 8.7% | 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 Jackson, it is 0.551, higher than Tennessee's 0.542, so income is less evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 9% more than women's income in Jackson, Tennessee. Over a 35-year career, a 9% wage gap accumulates to roughly $157,360 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Jackson, Tennessee has narrowed from about 19% to 9% in 2024. Over that period the gap was widest at 24% in 2011. In dollar terms, the gap has narrowed by $2,790 since 2009.
Employment
| Metric | Jackson | Tennessee Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.8% | 4.6% | 5.2% |
| Working from Home | 8.6% | 12.9% | 15.0% |
| Commute time (minutes) | 15 | 22 | 22 |
Approximately 2,525 people are unemployed in Jackson, Tennessee.
The average commute time in Jackson is 15 minutes, shorter than the 22 minutes in Tennessee.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Jackson, Tennessee has fallen from 14.3% to 8.8% in 2024. Over that period the rate peaked at 15.2% in 2013 and fell as low as 5.9% in 2019.
Conclusion
Considering all these factors, Jackson, 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 Jackson, Tennessee.
How Rich Is Jackson, Tennessee?
Jackson 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 $52,803, about 24% lower than the Tennessee average of $69,901.
How fast is household income rising in Jackson, Tennessee?
Between 2009 and 2024, the median household income in Jackson, Tennessee rose 52%, from $34,632 to $52,803. Over the same years, income here lagged behind Tennessee as a whole: +52% against +63%.
What was the median household income in Jackson in 2023?
In 2023, the median household income in Jackson, Tennessee was $49,897, up 4% from $47,995 in 2022. The Tennessee median that year was $67,483.
What was the median household income in Jackson in 2020?
In 2020, the median household income in Jackson, Tennessee was $43,065. By 2024 it had risen 23% to $52,803.
How strong is the job market in Jackson, Tennessee?
Unemployment in Jackson, Tennessee is 8.8%, well above the Tennessee rate of 4.6%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Jackson, Tennessee?
The Gini coefficient in Jackson is 0.551. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Jackson, Tennessee?
Since 2009, the income gap between men and women in Jackson, Tennessee has narrowed from about 19% to 9% in 2024. Over that period the gap was widest at 24% in 2011. In dollar terms, the gap has narrowed by $2,790 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 →