Mount Juliet, Tennessee Income Statistics
Mount Juliet 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.
-
A
Mount Juliet Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Mount Juliet | Tennessee Avg | US Average |
|---|---|---|---|
| Median Household Income | $107,316 | $69,901 | $80,455 |
| Median Personal Income | $67,299 | $53,263 | $60,758 |
| Average Yearly Income Growth | 4.0% | 5.2% | 4.8% |
| Six-Figure Earners | 16.8% | 10.4% | 13.9% |
| $200k+ Households | 15.7% | 9.0% | 13.2% |
The median household income in Mount Juliet is about 54% higher than in Tennessee. Income has been growing slower in Mount Juliet (4.0%/yr) than in Tennessee (5.2%/yr).
About 17% of adults in Mount Juliet earn six figures ($100,000 or more) a year, higher than the Tennessee average of 10%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Mount Juliet, Tennessee grew by 46.5% from 2009 to 2024, reaching $107,316 in 2024. That's an average of about 4.0% per year.
Income Inequality and the Gender Pay Gap in Mount Juliet
| Metric | Mount Juliet | Tennessee Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.513 | 0.542 | 0.552 |
| Male Median Income | $76,383 | $61,993 | $69,667 |
| Female Median Income | $66,310 | $50,108 | $56,850 |
| Gender Pay Gap | 13.2% | 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 Mount Juliet, it is 0.513, 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 15% more than women's income in Mount Juliet, Tennessee. Over a 35-year career, a 15% wage gap accumulates to roughly $352,555 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Mount Juliet, Tennessee has narrowed from about 20% to 13% in 2024. Over that period the gap was widest at 26% in 2020. In dollar terms, the gap has narrowed by $583 since 2009.
Employment
| Metric | Mount Juliet | Tennessee Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.2% | 4.6% | 5.2% |
| Working from Home | 21.3% | 12.9% | 15.0% |
| Commute time (minutes) | 31 | 22 | 22 |
Approximately 536 people are unemployed in Mount Juliet, Tennessee.
The average commute time in Mount Juliet is 31 minutes, longer than the 22 minutes in Tennessee.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Mount Juliet, Tennessee has fallen from 6.1% to 3.2% in 2024. Over that period the rate peaked at 7.5% in 2013 and fell as low as 2.9% in 2020.
Mount Juliet, TN Wealth Compared With Nearby Cities
How Mount Juliet, 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. |
|---|---|---|---|---|---|
| Mount Juliet, TN | 30,009 | $107,316 #1/3 | 4.0%/yr #3/3 | 3.2% #2/3 | 0.513 #3/3 |
| Hendersonville, TN | 57,282 | $97,775 | 5.5%/yr | 4.4% | 0.502 |
| Lebanon, TN | 32,627 | $71,201 | 6.8%/yr | 2.6% | 0.513 |
Conclusion
Considering all these factors, Mount Juliet, Tennessee has an overall wealth index grade of A, making it notably better than Tennessee, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Mount Juliet, Tennessee.
How Rich Is Mount Juliet, Tennessee?
Mount Juliet has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $107,316, about 54% higher than the Tennessee average of $69,901.
Are incomes growing in Mount Juliet, Tennessee?
Between 2009 and 2024, the median household income in Mount Juliet, Tennessee rose 46%, from $73,277 to $107,316. Over the same years, income here lagged behind Tennessee as a whole: +46% against +63%.
What was the median household income in Mount Juliet in 2023?
In 2023, the median household income in Mount Juliet, Tennessee was $109,742, up 2% from $107,293 in 2022. The Tennessee median that year was $67,483.
What was the median household income in Mount Juliet in 2020?
In 2020, the median household income in Mount Juliet, Tennessee was $92,911. By 2024 it had risen 16% to $107,316.
How many people earn six figures in Mount Juliet, Tennessee?
Yes. 17% of adults in Mount Juliet, Tennessee earn $100,000 or more a year (about 1 in 6), against 10% (about 1 in 10) in Tennessee. 16% of households have a combined income of $200,000 or more, compared with 9% in Tennessee.
Is unemployment high in Mount Juliet, Tennessee?
Unemployment in Mount Juliet, Tennessee is only 3.2%, 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 Mount Juliet, Tennessee?
The Gini coefficient in Mount Juliet is 0.513. 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 Mount Juliet, Tennessee?
Since 2009, the income gap between men and women in Mount Juliet, Tennessee has narrowed from about 20% to 13% in 2024. Over that period the gap was widest at 26% in 2020. In dollar terms, the gap has narrowed by $583 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 →