Marshall County, Tennessee Income Statistics
Marshall 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.
-
C
Marshall County Below averageWealthier than 74% of counties in Tennessee
Source: Map AI Methodology
Income Statistics Overview
| Metric | Marshall County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Household Income | $71,109 | $69,901 | $80,455 |
| Median Personal Income | $50,959 | $53,263 | $60,758 |
| Average Yearly Income Growth | 6.0% | 5.2% | 4.8% |
| Six-Figure Earners | 8.3% | 10.4% | 13.9% |
| $200k+ Households | 7.5% | 9.0% | 13.2% |
The median household income in Marshall County is about 2% higher than in Tennessee. Income has been growing faster in Marshall County (6.0%/yr) than in Tennessee (5.2%/yr).
About 8% of adults in Marshall 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 Marshall County, Tennessee grew by 76.9% from 2009 to 2024, reaching $71,109 in 2024. That's an average of about 6.0% per year.
Income Inequality and the Gender Pay Gap in Marshall County
| Metric | Marshall County | Tennessee Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.521 | 0.542 | 0.552 |
| Male Median Income | $64,430 | $61,993 | $69,667 |
| Female Median Income | $46,333 | $50,108 | $56,850 |
| Gender Pay Gap | 28.1% | 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 Marshall County, it is 0.521, 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 39% more than women's income in Marshall County, Tennessee. Over a 35-year career, a 39% wage gap accumulates to roughly $633,395 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Marshall County, Tennessee has widened from about 21% to 28% in 2024. Over that period the gap was widest at 29% in 2013, and was narrowest at 16% in 2019. In dollar terms, the gap has widened by $10,153 since 2009.
Sharply against the trend: the pay gap in Marshall County widened by 7.2 points while Tennessee's narrowed by 3.7 points.
Employment
| Metric | Marshall County | Tennessee Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.9% | 4.6% | 5.2% |
| Working from Home | 14.3% | 12.9% | 15.0% |
| Commute time (minutes) | 28 | 22 | 22 |
Approximately 694 people are unemployed in Marshall County, Tennessee.
The average commute time in Marshall County is 28 minutes, longer than the 22 minutes in Tennessee.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Marshall County, Tennessee has fallen from 10.6% to 3.9% in 2024. Over that period the rate peaked at 12.5% in 2013.
Marshall County, TN Wealth Compared With Nearby Counties
Marshall County, TN is the 4th largest of the 6 counties compared here, 36,049 residents against a local median of 52,237. Marshall County, TN sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.
The largest of those small differences is income growth, 8% above the local median at 6.0%/yr against 5.5%/yr. Marshall County, TN has the 2nd 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. |
|---|---|---|---|---|---|
| Marshall County, TN | 36,049 | $71,109 #3/6 | 6.0%/yr #2/6 | 3.9% #3/6 | 0.521 #3/6 |
| Bedford County, TN | 52,237 | $69,118 | 5.9%/yr | 4.2% | 0.520 |
| Maury County, TN | 107,806 | $76,039 | 5.5%/yr | 2.4% | 0.520 |
| Lincoln County, TN | 35,946 | $65,641 | 6.0%/yr | 4.7% | 0.536 |
| Giles County, TN | 30,620 | $62,093 | 5.5%/yr | 4.4% | 0.537 |
| Williamson County, TN | 260,351 | $135,891 | 3.9%/yr | 2.4% | 0.534 |
Conclusion
Considering all these factors, Marshall County, Tennessee has an overall wealth index grade of C, making it about on par with Tennessee, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Marshall County, Tennessee.
How Rich Is Marshall County, Tennessee?
Marshall County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $71,109, about 2% higher than the Tennessee average of $69,901.
How has median household income changed in Marshall County, Tennessee?
Between 2009 and 2024, the median household income in Marshall County, Tennessee rose 77%, from $40,207 to $71,109. Over the same years, income here outpaced Tennessee as a whole: +77% against +63%.
What was the median household income in Marshall County in 2023?
In 2023, the median household income in Marshall County, Tennessee was $71,054, up 9% from $65,265 in 2022. The Tennessee median that year was $67,483.
What was the median household income in Marshall County in 2020?
In 2020, the median household income in Marshall County, Tennessee was $54,809. By 2024 it had risen 30% to $71,109.
What is the Gini coefficient in Marshall County, Tennessee?
The Gini coefficient in Marshall County is 0.521. 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 Marshall County, Tennessee?
Since 2009, the income gap between men and women in Marshall County, Tennessee has widened from about 21% to 28% in 2024. Over that period the gap was widest at 29% in 2013, and was narrowest at 16% in 2019. In dollar terms, the gap has widened by $10,153 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 →