Young home buyers
2014 HUD Median Income for Tennessee. Median household income is used for a variety of reasons, including defining eligibility for low to moderate mortgage loans; also known as CRA (Community Reinvestment Act). Fannie Mae and Freddie Mac each have a special mortgage product that is partially based upon on the household median income (i.e. Home Possible Mortgage and the My Community Mortgage). If you’re searching for a mortgage and your household income is at or less than the amounts displayed below, mention this to the lender or mortgage broker. The advantage may be a reduced downpayment, closing cost assistance, grant money, reduced interest rate or lower mip/pmi.

The U.S. Census Bureau defines median household income as follows:
“Median income is the amount which divides the income distribution into two equal groups, half having income above that amount, and half having income below that amount. Mean income (average) is the amount obtained by dividing the total aggregate income of a group by the number of units in that group. The means and medians for households and families are based on all households and families. Means and medians for people are based on people 15 years old and over with income”



Median Income For Tennessee Counties

Tennessee County MSA Area Median Income
ANDERSONKnoxville, TN $60,500
BEDFORDNON METRO AREA $49,300
BENTONNON METRO AREA $45,500
BLEDSOENON METRO AREA $45,500
BLOUNTKnoxville, TN $60,500
BRADLEYCleveland, TN $53,700
CAMPBELLKnoxville, TN $45,500
CANNONNashville-Davidson-Murfreesboro-Franklin, TN $64,000
CARROLLNON METRO AREA $47,400
CARTERJohnson City, TN $51,300
CHEATHAMNashville-Davidson-Murfreesboro-Franklin, TN $64,000
CHESTERJackson, TN $51,400
CLAIBORNENON METRO AREA $45,500
CLAYNON METRO AREA $45,500
COCKENON METRO AREA $45,500
COFFEENON METRO AREA $51,100
CROCKETTJackson, TN $45,900
CUMBERLANDNON METRO AREA $45,800
DAVIDSONNashville-Davidson-Murfreesboro-Franklin, TN $64,000
DECATURNON METRO AREA $49,900
DEKALBNON METRO AREA $48,200
DICKSONNashville-Davidson-Murfreesboro-Franklin, TN $64,000
DYERNON METRO AREA $48,900
FAYETTEMemphis, TN-MS-AR $56,700
FENTRESSNON METRO AREA $45,500
FRANKLINNON METRO AREA $53,600
GIBSONNON METRO AREA $51,100
GILESNON METRO AREA $48,200
GRAINGERKnoxville, TN $46,200
GREENENON METRO AREA $45,500
GRUNDYNON METRO AREA $45,500
HAMBLENMorristown, TN $46,200
HAMILTONChattanooga, TN-GA $54,200
HANCOCKNON METRO AREA $45,500
HARDEMANNON METRO AREA $45,500
HARDINNON METRO AREA $45,500
HAWKINSKingsport-Bristol-Bristol, TN-VA $50,600
HAYWOODNON METRO AREA $45,500
HENDERSONNON METRO AREA $48,000
HENRYNON METRO AREA $49,600
HICKMANNashville-Davidson-Murfreesboro-Franklin, TN $64,000
HOUSTONNON METRO AREA $45,800
HUMPHREYSNON METRO AREA $51,700
JACKSONNON METRO AREA $45,500
JEFFERSONMorristown, TN $46,200
JOHNSONNON METRO AREA $45,500
KNOXKnoxville, TN $60,500
LAKENON METRO AREA $45,500
LAUDERDALENON METRO AREA $45,500
LAWRENCENON METRO AREA $46,000
LEWISNON METRO AREA $45,500
LINCOLNNON METRO AREA $53,600
LOUDONKnoxville, TN $60,500
MACONNashville-Davidson-Murfreesboro-Franklin, TN $64,000
MADISONJackson, TN $51,400
MARIONChattanooga, TN-GA $54,200
MARSHALLNON METRO AREA $51,900
MAURYNashville-Davidson-Murfreesboro-Franklin, TN $53,100
MCMINNNON METRO AREA $50,500
MCNAIRYNON METRO AREA $45,500
MEIGSNON METRO AREA $49,200
MONROENON METRO AREA $45,500
MONTGOMERYClarksville, TN-KY $54,100
MOORENON METRO AREA $62,100
MORGANKnoxville, TN $47,900
OBIONNON METRO AREA $50,200
OVERTONNON METRO AREA $45,500
PERRYNON METRO AREA $45,500
PICKETTNON METRO AREA $46,800
POLKCleveland, TN $53,700
PUTNAMNON METRO AREA $47,700
RHEANON METRO AREA $47,300
ROANEKnoxville, TN $54,700
ROBERTSONNashville-Davidson-Murfreesboro-Franklin, TN $64,000
RUTHERFORDNashville-Davidson-Murfreesboro-Franklin, TN $64,000
SCOTTNON METRO AREA $45,500
SEQUATCHIEChattanooga, TN-GA $54,200
SEVIERNON METRO AREA $53,400
SHELBYMemphis, TN-MS-AR $56,700
SMITHNashville-Davidson-Murfreesboro-Franklin, TN $64,000
STEWARTNON METRO AREA $54,100
SULLIVANKingsport-Bristol-Bristol, TN-VA $50,600
SUMNERNashville-Davidson-Murfreesboro-Franklin, TN $64,000
TIPTONMemphis, TN-MS-AR $56,700
TROUSDALENashville-Davidson-Murfreesboro-Franklin, TN $64,000
UNICOIJohnson City, TN $51,300
UNIONKnoxville, TN $60,500
VAN BURENNON METRO AREA $45,500
WARRENNON METRO AREA $45,500
WASHINGTONJohnson City, TN $51,300
WAYNENON METRO AREA $46,300
WEAKLEYNON METRO AREA $48,700
WHITENON METRO AREA $45,500
WILLIAMSONNashville-Davidson-Murfreesboro-Franklin, TN $64,000
WILSONNashville-Davidson-Murfreesboro-Franklin, TN $64,000