Morgan County, Tennessee Income Statistics
Morgan 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
Morgan County Well below averageLess wealthy than 94% of counties in Tennessee
Source: Map AI Methodology
Income Statistics Overview
| Metric | Morgan County | Tennessee Avg | US Average |
|---|---|---|---|
| Median Household Income | $65,837 | $69,901 | $80,455 |
| Median Personal Income | $50,077 | $53,263 | $60,758 |
| Average Yearly Income Growth | 6.7% | 5.2% | 4.8% |
| Six-Figure Earners | 4.9% | 10.4% | 13.9% |
| $200k+ Households | 4.4% | 9.0% | 13.2% |
The median household income in Morgan County is about 6% lower than in Tennessee. Income has been growing faster in Morgan County (6.7%/yr) than in Tennessee (5.2%/yr).
About 5% of adults in Morgan 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 Morgan County, Tennessee grew by 99.5% from 2009 to 2024, reaching $65,837 in 2024. That's an average of about 6.7% per year.
Income Inequality and the Gender Pay Gap in Morgan County
| Metric | Morgan County | Tennessee Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.568 | 0.542 | 0.552 |
| Male Median Income | $58,193 | $61,993 | $69,667 |
| Female Median Income | $45,227 | $50,108 | $56,850 |
| Gender Pay Gap | 22.3% | 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 Morgan County, it is 0.568, 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 29% more than women's income in Morgan County, Tennessee. Over a 35-year career, a 29% wage gap accumulates to roughly $453,810 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Morgan County, Tennessee has widened from about 21% to 22% in 2024. Over that period the gap was widest at 30% in 2013. In dollar terms, the gap has widened by $5,578 since 2009.
Against the trend: the pay gap in Morgan County widened by 1.2 points while Tennessee's narrowed by 3.7 points.
Employment
| Metric | Morgan County | Tennessee Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.1% | 4.6% | 5.2% |
| Working from Home | 6.5% | 12.9% | 15.0% |
| Commute time (minutes) | 32 | 22 | 22 |
Approximately 421 people are unemployed in Morgan County, Tennessee.
The average commute time in Morgan County is 32 minutes, longer than the 22 minutes in Tennessee.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Morgan County, Tennessee has fallen from 8.1% to 5.1% in 2024. Over that period the rate peaked at 9.3% in 2014.
Morgan County, TN Wealth Compared With Nearby Counties
Morgan County, TN is the 5th largest of the 6 counties compared here, 21,361 residents against a local median of 55,193. The measure that sets Morgan County, TN apart most is income growth: 6.7%/yr, 23% above the local median of 5.4%/yr. That is the better end of the local range on this measure.
The counties themselves spread 1.9%/yr on income growth, so Morgan County, TN sits at one end of an already wide local range rather than apart from it. Morgan 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. |
|---|---|---|---|---|---|
| Morgan County, TN | 21,361 | $65,837 #3/6 | 6.7%/yr #2/6 | 5.1% #5/6 | 0.568 #6/6 |
| Roane County, TN | 55,193 | $71,461 | 6.8%/yr | 4.9% | 0.547 |
| Scott County, TN | 22,110 | $44,607 | 4.9%/yr | 7.5% | 0.546 |
| Fentress County, TN | 19,309 | $51,226 | 6.1%/yr | 4.7% | 0.520 |
| Cumberland County, TN | 63,553 | $60,349 | 5.3%/yr | 5.1% | 0.517 |
| Anderson County, TN | 79,153 | $67,394 | 5.4%/yr | 3.7% | 0.532 |
Conclusion
Considering all these factors, Morgan 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 Morgan County, Tennessee.
How Rich Is Morgan County, Tennessee?
Morgan 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 $65,837, about 6% lower than the Tennessee average of $69,901.
How fast is household income rising in Morgan County, Tennessee?
Between 2009 and 2024, the median household income in Morgan County, Tennessee rose 100%, from $32,993 to $65,837. Over the same years, income here outpaced Tennessee as a whole: +100% against +63%.
What was the median household income in Morgan County in 2023?
In 2023, the median household income in Morgan County, Tennessee was $58,607, up 13% from $52,042 in 2022. The Tennessee median that year was $67,483.
What was the median household income in Morgan County in 2020?
In 2020, the median household income in Morgan County, Tennessee was $41,887. By 2024 it had risen 57% to $65,837.
What is the Gini coefficient in Morgan County, Tennessee?
The Gini coefficient in Morgan County is 0.568. 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 Morgan County, Tennessee?
Since 2009, the income gap between men and women in Morgan County, Tennessee has widened from about 21% to 22% in 2024. Over that period the gap was widest at 30% in 2013. In dollar terms, the gap has widened by $5,578 since 2009.
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