Wealth Index
Among the 5 least wealthy counties in Tennessee
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.
Income Statistics Overview
| Metric | Johnson County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Household Income | $52,935 | $67,486 | $78,145 |
| Median Personal Income | $43,625 | $54,029 | $61,726 |
| Average income growth | 8.4% | 5.4% | 5.1% |
| Six-Figure Earners | 5.1% | 9.7% | 13.2% |
The median household income in Johnson County is about 22% lower than in Tennessee. Income has been growing faster in Johnson County (8.4%/yr) than in Tennessee (5.4%/yr).
About 5% of adults in Johnson County earn six figures ($100,000 or more) a year, lower than the Tennessee average of 10%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Johnson County, Tennessee grew by 77.9% from 2009 to 2023, reaching $52,935 in 2023. That's an average of about 8.4% per year.
Economic Inequality in Johnson County | Gender Pay Gap | Gini Coefficient
| Metric | Johnson County | Tennessee Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.570 | 0.558 | 0.570 |
| Male Median Income | $48,558 | $60,097 | $67,746 |
| Female Median Income | $38,689 | $48,310 | $54,793 |
| Gender Pay Gap | 20.3% | 19.6% | 19.1% |
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 Johnson County, it is 0.570, higher than Tennessee's 0.558, so income is less evenly distributed here than there, and about the same as the US's 0.570, so income here is about as evenly distributed as there.
Men's income is about 26% more than women's income in Johnson County, Tennessee. Over a 35-year career, a 26% wage gap accumulates to roughly $345,415 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Johnson County, Tennessee has widened from about 8% to 20% in 2023. In dollar terms, the gap has widened by $7,419 since 2009.
Employment
| Metric | Johnson County | Tennessee Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.7% | 4.7% | 5.2% |
| Working from Home | 8.1% | 11.4% | 13.4% |
| Commute time (minutes) | 17 | 22 | 22 |
Approximately 253 people are unemployed in Johnson County, Tennessee.
The average commute time in Johnson County is 17 minutes, shorter than the 22 minutes in Tennessee.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Johnson County, Tennessee has fallen from 13.1% to 3.7% in 2023.
Conclusion
Considering all these factors, Johnson 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 Johnson County, Tennessee.
How Rich Is Johnson County, Tennessee?
Johnson 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 $52,935, about 22% lower than the Tennessee average of $67,486.
What is the current median household income in Johnson County, Tennessee?
As of 2023, the median household income in Johnson County, Tennessee is $52,935.
What was the median household income in Johnson County in 2023?
In 2023, the median household income in Johnson County, Tennessee was $52,935.
What was the median household income in Johnson County in 2020?
In 2020, the median household income in Johnson County, Tennessee was $37,629.
What is the Gini coefficient in Johnson County, Tennessee?
The Gini coefficient in Johnson County is 0.570. 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 0.570, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Johnson County, Tennessee?
Since 2009, the income gap between men and women in Johnson County, Tennessee has widened from about 8% to 20% in 2023. In dollar terms, the gap has widened by $7,419 since 2009.