Smyrna, Tennessee Income Statistics
Smyrna 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.
-
C
Smyrna Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Smyrna | Tennessee Avg | US Average |
|---|---|---|---|
| Median Household Income | $80,756 | $69,901 | $80,455 |
| Median Personal Income | $52,393 | $53,263 | $60,758 |
| Average Yearly Income Growth | 4.6% | 5.2% | 4.8% |
| Six-Figure Earners | 7.7% | 10.4% | 13.9% |
| $200k+ Households | 6.3% | 9.0% | 13.2% |
The median household income in Smyrna is about 16% higher than in Tennessee. Income has been growing slower in Smyrna (4.6%/yr) than in Tennessee (5.2%/yr).
About 8% of adults in Smyrna 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 Smyrna, Tennessee grew by 54.7% from 2009 to 2024, reaching $80,756 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Smyrna
| Metric | Smyrna | Tennessee Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.500 | 0.542 | 0.552 |
| Male Median Income | $58,864 | $61,993 | $69,667 |
| Female Median Income | $50,608 | $50,108 | $56,850 |
| Gender Pay Gap | 14.0% | 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 Smyrna, it is 0.500, 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 16% more than women's income in Smyrna, Tennessee. Over a 35-year career, a 16% wage gap accumulates to roughly $288,960 in unearned income for female workers in the area.
Income by Sex Over Time
The income gap between men and women in Smyrna, Tennessee has stayed about the same since 2009, at around 14%. Over that period the gap was widest at 19% in 2021, and was narrowest at 12% in 2018. In dollar terms, the gap has widened by $2,416 since 2009.
Employment
| Metric | Smyrna | Tennessee Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.5% | 4.6% | 5.2% |
| Working from Home | 13.4% | 12.9% | 15.0% |
| Commute time (minutes) | 23 | 22 | 22 |
Approximately 1,237 people are unemployed in Smyrna, Tennessee.
The average commute time in Smyrna is 23 minutes, longer than the 22 minutes in Tennessee.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Smyrna, Tennessee has fallen from 6.7% to 4.5% in 2024. Over that period the rate peaked at 7.1% in 2013 and fell as low as 4.5% in 2023.
Smyrna, TN Wealth Compared With Nearby Cities
How Smyrna, 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. |
|---|---|---|---|---|---|
| Smyrna, TN | 46,130 | $80,756 #1/3 | 4.6%/yr #2/3 | 4.5% #3/3 | 0.500 #1/3 |
| La Vergne, TN | 39,679 | $78,517 | 4.2%/yr | 2.4% | 0.517 |
| Murfreesboro, TN | 123,992 | $74,678 | 4.8%/yr | 3.9% | 0.527 |
Conclusion
Considering all these factors, Smyrna, Tennessee has an overall wealth index grade of C, making it somewhat better than Tennessee, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Smyrna, Tennessee.
How Rich Is Smyrna, Tennessee?
Smyrna 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 $80,756, about 16% higher than the Tennessee average of $69,901.
How has median household income changed in Smyrna, Tennessee?
Between 2009 and 2024, the median household income in Smyrna, Tennessee rose 55%, from $52,195 to $80,756. Over the same years, income here lagged behind Tennessee as a whole: +55% against +63%.
What was the median household income in Smyrna in 2023?
In 2023, the median household income in Smyrna, Tennessee was $76,874, up 2% from $75,367 in 2022. The Tennessee median that year was $67,483.
What was the median household income in Smyrna in 2020?
In 2020, the median household income in Smyrna, Tennessee was $65,046. By 2024 it had risen 24% to $80,756.
What is the Gini coefficient in Smyrna, Tennessee?
The Gini coefficient in Smyrna is 0.500. 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 Smyrna, Tennessee?
The income gap between men and women in Smyrna, Tennessee has stayed about the same since 2009, at around 14%. Over that period the gap was widest at 19% in 2021, and was narrowest at 12% in 2018. In dollar terms, the gap has widened by $2,416 since 2009.
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