La Vergne, Tennessee Income Statistics
La Vergne 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.
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B
La Vergne Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | La Vergne | Tennessee Avg | US Average |
|---|---|---|---|
| Median Household Income | $78,517 | $69,901 | $80,455 |
| Median Personal Income | $47,798 | $53,263 | $60,758 |
| Average Yearly Income Growth | 4.2% | 5.2% | 4.8% |
| Six-Figure Earners | 6.8% | 10.4% | 13.9% |
| $200k+ Households | 3.9% | 9.0% | 13.2% |
The median household income in La Vergne is about 12% higher than in Tennessee. Income has been growing slower in La Vergne (4.2%/yr) than in Tennessee (5.2%/yr).
About 7% of adults in La Vergne 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 La Vergne, Tennessee grew by 44.8% from 2009 to 2024, reaching $78,517 in 2024. That's an average of about 4.2% per year.
Income Inequality and the Gender Pay Gap in La Vergne
| Metric | La Vergne | Tennessee Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.517 | 0.542 | 0.552 |
| Male Median Income | $51,802 | $61,993 | $69,667 |
| Female Median Income | $48,052 | $50,108 | $56,850 |
| Gender Pay Gap | 7.2% | 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 La Vergne, it is 0.517, 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 8% more than women's income in La Vergne, Tennessee. Over a 35-year career, a 8% wage gap accumulates to roughly $131,250 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in La Vergne, Tennessee has narrowed from about 13% to 7% in 2024. Over that period the gap was widest at 21% in 2017. In dollar terms, the gap has narrowed by $1,304 since 2009.
Employment
| Metric | La Vergne | Tennessee Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.4% | 4.6% | 5.2% |
| Working from Home | 12.9% | 12.9% | 15.0% |
| Commute time (minutes) | 31 | 22 | 22 |
Approximately 512 people are unemployed in La Vergne, Tennessee.
The average commute time in La Vergne is 31 minutes, longer than the 22 minutes in Tennessee.
Unemployment Rate Over Time
Since 2011, the unemployment rate in La Vergne, Tennessee has fallen from 8.8% to 2.4% in 2024. Over that period the rate peaked at 9.7% in 2013.
La Vergne, TN Wealth Compared With Nearby Cities
How La Vergne, TN compares with the 2 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. |
|---|---|---|---|---|---|
| La Vergne, TN | 39,679 | $78,517 #3/3 | 4.2%/yr #2/3 | 2.4% #1/3 | 0.517 #3/3 |
| Smyrna, TN | 46,130 | $80,756 | 4.6%/yr | 4.5% | 0.500 |
| Mount Juliet, TN | 30,009 | $107,316 | 4.0%/yr | 3.2% | 0.513 |
Conclusion
Considering all these factors, La Vergne, Tennessee has an overall wealth index grade of B, making it somewhat better than Tennessee, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in La Vergne, Tennessee.
How Rich Is La Vergne, Tennessee?
La Vergne has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $78,517, about 12% higher than the Tennessee average of $69,901.
Are incomes growing in La Vergne, Tennessee?
Between 2009 and 2024, the median household income in La Vergne, Tennessee rose 45%, from $54,239 to $78,517. Over the same years, income here lagged behind Tennessee as a whole: +45% against +63%.
What was the median household income in La Vergne in 2023?
In 2023, the median household income in La Vergne, Tennessee was $77,420, up 4% from $74,295 in 2022. The Tennessee median that year was $67,483.
What was the median household income in La Vergne in 2020?
In 2020, the median household income in La Vergne, Tennessee was $65,708. By 2024 it had risen 19% to $78,517.
Is it hard to find a job in La Vergne, Tennessee?
Unemployment in La Vergne, 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 La Vergne, Tennessee?
The Gini coefficient in La Vergne is 0.517. 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 La Vergne, Tennessee?
Since 2009, the income gap between men and women in La Vergne, Tennessee has narrowed from about 13% to 7% in 2024. Over that period the gap was widest at 21% in 2017. In dollar terms, the gap has narrowed by $1,304 since 2009.
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