Meigs County, Tennessee Income Statistics
Meigs 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
Meigs County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Meigs County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Household Income | $61,612 | $69,901 | $80,455 |
| Median Personal Income | $48,961 | $53,263 | $60,758 |
| Average Yearly Income Growth | 7.3% | 5.2% | 4.8% |
| Six-Figure Earners | 6.9% | 10.4% | 13.9% |
| $200k+ Households | 5.4% | 9.0% | 13.2% |
The median household income in Meigs County is about 12% lower than in Tennessee. Income has been growing faster in Meigs County (7.3%/yr) than in Tennessee (5.2%/yr).
About 7% of adults in Meigs 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 Meigs County, Tennessee grew by 86.8% from 2009 to 2024, reaching $61,612 in 2024. That's an average of about 7.3% per year.
Income Inequality and the Gender Pay Gap in Meigs County
| Metric | Meigs County | Tennessee Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.557 | 0.542 | 0.552 |
| Male Median Income | $52,856 | $61,993 | $69,667 |
| Female Median Income | $49,407 | $50,108 | $56,850 |
| Gender Pay Gap | 6.5% | 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 Meigs County, it is 0.557, higher than Tennessee's 0.542, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 7% more than women's income in Meigs County, Tennessee. Over a 35-year career, a 7% wage gap accumulates to roughly $120,715 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Meigs County, Tennessee has narrowed from about 27% to 7% in 2024. Over that period the gap was widest at 34% in 2011. In dollar terms, the gap has narrowed by $6,473 since 2009.
Employment
| Metric | Meigs County | Tennessee Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.5% | 4.6% | 5.2% |
| Working from Home | 8.9% | 12.9% | 15.0% |
| Commute time (minutes) | 31 | 22 | 22 |
Approximately 304 people are unemployed in Meigs County, Tennessee.
The average commute time in Meigs County is 31 minutes, longer than the 22 minutes in Tennessee.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Meigs County, Tennessee has fallen from 16.3% to 5.5% in 2024. Over that period the rate peaked at 18.1% in 2014.
Meigs County, TN Wealth Compared With Nearby Counties
Meigs County, TN is the smallest of the 6 counties compared here, 13,343 residents against a local median of 54,884. The measure that sets Meigs County, TN apart most is income growth: 7.3%/yr, 31% above the local median of 5.6%/yr. That is the better end of the local range on this measure.
The counties themselves spread 2.3%/yr on income growth, so Meigs County, TN sits at one end of an already wide local range rather than apart from it. Meigs County, TN has the 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. |
|---|---|---|---|---|---|
| Meigs County, TN | 13,343 | $61,612 #3/6 | 7.3%/yr #1/6 | 5.5% #4/6 | 0.557 #4/6 |
| Rhea County, TN | 33,992 | $55,956 | 4.9%/yr | 5.8% | 0.561 |
| McMinn County, TN | 54,884 | $60,991 | 5.9%/yr | 4.8% | 0.542 |
| Bradley County, TN | 110,691 | $67,551 | 5.6%/yr | 6.6% | 0.540 |
| Bledsoe County, TN | 15,032 | $54,853 | 4.5%/yr | 1.8% | 0.572 |
| Roane County, TN | 55,193 | $71,461 | 6.8%/yr | 4.9% | 0.547 |
Conclusion
Considering all these factors, Meigs 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 Meigs County, Tennessee.
How Rich Is Meigs County, Tennessee?
Meigs 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 $61,612, about 12% lower than the Tennessee average of $69,901.
How fast is household income rising in Meigs County, Tennessee?
Between 2009 and 2024, the median household income in Meigs County, Tennessee rose 87%, from $32,989 to $61,612. Over the same years, income here outpaced Tennessee as a whole: +87% against +63%.
What was the median household income in Meigs County in 2023?
In 2023, the median household income in Meigs County, Tennessee was $58,742, down 1% from $59,359 in 2022. The Tennessee median that year was $67,483.
What was the median household income in Meigs County in 2020?
In 2020, the median household income in Meigs County, Tennessee was $50,625. By 2024 it had risen 22% to $61,612.
What is the Gini coefficient in Meigs County, Tennessee?
The Gini coefficient in Meigs County is 0.557. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Meigs County, Tennessee?
Since 2009, the income gap between men and women in Meigs County, Tennessee has narrowed from about 27% to 7% in 2024. Over that period the gap was widest at 34% in 2011. In dollar terms, the gap has narrowed by $6,473 since 2009.
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