McMinn County, Tennessee Income Statistics
McMinn 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
McMinn County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | McMinn County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Household Income | $60,991 | $69,901 | $80,455 |
| Median Personal Income | $49,408 | $53,263 | $60,758 |
| Average Yearly Income Growth | 5.9% | 5.2% | 4.8% |
| Six-Figure Earners | 7.2% | 10.4% | 13.9% |
| $200k+ Households | 5.4% | 9.0% | 13.2% |
The median household income in McMinn County is about 13% lower than in Tennessee. Income has been growing faster in McMinn County (5.9%/yr) than in Tennessee (5.2%/yr).
About 7% of adults in McMinn 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 McMinn County, Tennessee grew by 70.2% from 2009 to 2024, reaching $60,991 in 2024. That's an average of about 5.9% per year.
Income Inequality and the Gender Pay Gap in McMinn County
| Metric | McMinn County | Tennessee Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.542 | 0.542 | 0.552 |
| Male Median Income | $58,139 | $61,993 | $69,667 |
| Female Median Income | $43,891 | $50,108 | $56,850 |
| Gender Pay Gap | 24.5% | 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 McMinn County, it is 0.542, about the same as Tennessee's 0.542, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 32% more than women's income in McMinn County, Tennessee. Over a 35-year career, a 32% wage gap accumulates to roughly $498,680 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in McMinn County, Tennessee has widened from about 22% to 25% in 2024. Over that period the gap was widest at 28% in 2015, and was narrowest at 15% in 2020. In dollar terms, the gap has widened by $5,597 since 2009.
Sharply against the trend: the pay gap in McMinn County widened by 2.5 points while Tennessee's narrowed by 3.7 points.
Employment
| Metric | McMinn County | Tennessee Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.8% | 4.6% | 5.2% |
| Working from Home | 5.8% | 12.9% | 15.0% |
| Commute time (minutes) | 20 | 22 | 22 |
Approximately 1,217 people are unemployed in McMinn County, Tennessee.
The average commute time in McMinn County is 20 minutes, shorter than the 22 minutes in Tennessee.
Unemployment Rate Over Time
Since 2011, the unemployment rate in McMinn County, Tennessee has fallen from 9.5% to 4.8% in 2024. Over that period the rate peaked at 10.3% in 2013.
McMinn County, TN Wealth Compared With Nearby Counties
McMinn County, TN is the 2nd largest of the 6 counties compared here, 54,884 residents against a local median of 33,992. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes McMinn County, TN an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is unemployment, 11% below the local median at 4.8% against 5.5%. McMinn County, TN has the 2nd lowest unemployment 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. |
|---|---|---|---|---|---|
| McMinn County, TN | 54,884 | $60,991 #4/6 | 5.9%/yr #2/6 | 4.8% #2/6 | 0.542 #3/6 |
| Meigs County, TN | 13,343 | $61,612 | 7.3%/yr | 5.5% | 0.557 |
| Polk County, TN | 17,897 | $62,323 | 5.1%/yr | 5.3% | 0.556 |
| Rhea County, TN | 33,992 | $55,956 | 4.9%/yr | 5.8% | 0.561 |
| Bradley County, TN | 110,691 | $67,551 | 5.6%/yr | 6.6% | 0.540 |
| Monroe County, TN | 47,695 | $56,619 | 5.5%/yr | 4.3% | 0.530 |
Conclusion
Considering all these factors, McMinn County, Tennessee has an overall wealth index grade of D, making it about on par with Tennessee, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in McMinn County, Tennessee.
How Rich Is McMinn County, Tennessee?
McMinn 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 $60,991, about 13% lower than the Tennessee average of $69,901.
How fast is household income rising in McMinn County, Tennessee?
Between 2009 and 2024, the median household income in McMinn County, Tennessee rose 70%, from $35,836 to $60,991. Over the same years, income here outpaced Tennessee as a whole: +70% against +63%.
What was the median household income in McMinn County in 2023?
In 2023, the median household income in McMinn County, Tennessee was $59,789, up 3% from $57,923 in 2022. The Tennessee median that year was $67,483.
What was the median household income in McMinn County in 2020?
In 2020, the median household income in McMinn County, Tennessee was $46,827. By 2024 it had risen 30% to $60,991.
What is the Gini coefficient in McMinn County, Tennessee?
The Gini coefficient in McMinn County is 0.542. 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 McMinn County, Tennessee?
Since 2009, the income gap between men and women in McMinn County, Tennessee has widened from about 22% to 25% in 2024. Over that period the gap was widest at 28% in 2015, and was narrowest at 15% in 2020. In dollar terms, the gap has widened by $5,597 since 2009.
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