In related Memphis billionaire news, Memphis Grizzlies owner Robert Pera landed on Forbes’ list at No. 642 with an estimated net worth of $2.7 billion. Click here to see Forbes’ estimate of each Tennessee billionaires’ net worth and ranking.
Where do millionaires live in Memphis?
Germantown is well-known as the Memphis metro’s most affluent area, and the homes there reflect that wealth.
Who in Tennessee is a billionaire?
1. Thomas H. Frist Net Worth – $7.9 Billion.
How many millionaires are in Tennessee?
139,335
List
| Rank | State | Number of millionaire households |
|---|---|---|
| 19 | Tennessee | 139,335 |
| 20 | Indiana | 138,739 |
| 21 | Wisconsin | 138,283 |
| 22 | Missouri | 132,176 |
What is considered rich in Memphis?
The lowest income to be considered “rich” — defined in the study as in the top 20 percent — in Memphis is $86,964. The average Memphis income of the top 20 percent is $172,622, with the top five percent income being $335,653.
What is the richest town in Tennessee?
1. Nolensville. Much smaller than Brentwood, Nolensville is a suburb of Nashville and the richest town in Tennessee and is home to some of the wealthiest residents of the state.
Is Memphis a wealthy city?
Germantown, which has long been the Memphis metro’s most affluent suburb, has a national rank of No. 607 nationally in affluence, while cities in Nashville, such as Belle Meade (No. 25); Forest Hills (No.
Wealthiest ZIP Codes.
| Rank | ZIP Code | City |
|---|---|---|
| 1 | 38139 | Germantown |
| 2 | 38138 | Germantown |
| 3 | 38120 | Memphis |
| View This List |
Who is the richest family in Tennessee?
Richest billionaires in Tennessee
- #7. Bill Haslam.
- #6. Brad Kelley.
- #5. Jon Yarbrough.
- #4. Jimmy Haslam.
- #3. Martha Ingram & family.
- #2. Fred Smith.
- #1. Thomas Frist Jr & family. – Net worth: $18.2 billion (#91 wealthiest in the world)
- You may also like: Highest earning zip codes in Knoxville metro area.
What is the wealthiest county in Tennessee?
Williamson
Tennessee counties ranked by per capita income
| Rank | County | Per capita income |
|---|---|---|
| 1 | Williamson | $27,925 |
| 2 | Wilson | $27,814 |
| 3 | Davidson | $27,780 |
| 4 | Knox | $27,349 |
How many billionaires are in TN?
Billionaires are ranked by net worth as of April 30. Forbes lists 10 billionaires in Tennessee.
What’s the poorest city in Tennessee?
Morristown was ranked the poorest city in Tennessee in a 24/7 Wall St.
The Center Square.
| Poorest City | Pueblo |
|---|---|
| Median Household Income | $40,450 |
| Poverty Rate | 23.5% |
| Median Home Value | $141,000 |
| Population | 110,841 |
What city in Tennessee has the most millionaires?
This is the City in Tennessee With the Most Billionaires
| City with the most billionaires: | Number of billionaires: | Total billionaire net worth: |
|---|---|---|
| Tennessee: Nashville | 3 | $20.7 billion |
| Texas: Dallas | 18 | $57.9 billion |
| Utah: Provo | 3 | $3.5 billion |
| Vermont: None | 0 | N/A |
Where do most millionaires live?
Now there’s a new number one. N ew York City has taken back its crown. With 107 billionaire residents, worth over $640 billion, The Big Apple is home to more three-comma club members than any other city on the planet.
What’s a good salary in Memphis?
A good salary in Memphis, TN is anything over $39,000. That’s because the median income in Memphis is $39,000, which means if you earn more than that you’re earning more than 50% of the people living in Memphis. The average salary in Memphis is $47,593. A good hourly wage in Memphis is $18.75 per hour.
What percent of Memphis is black?
64 percent
Black people in Memphis are 64 percent of the population. Whites make up 29 percent of the local population.
What salary is upper class?
In 2021, the median household income is roughly $68,000. An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher.
What is poorest county in TN?
The poverty rate is more than 11% higher in Grundy than the rest of the state. Compared to all of Tennessee, about 15% less adults hold a bachelor’s degree in Grundy.
What is the richest zip code in Tennessee?
37350
10 Richest Tennessee Zip Codes
| Rank | Zip Code | Mean Income |
|---|---|---|
| 1 | 37350 | $241,946 |
| 2 | 37220 | $203,090 |
| 3 | 38120 | $200,657 |
| 4 | 37069 | $198,443 |
What is the best part of Tennessee to live in?
9 Best Places to Live in Tennessee
- Nashville. You guessed it, “Music City” has made our list.
- Brentwood.
- Franklin.
- Germantown.
- Collierville.
- Nolensville.
- Murfreesboro.
- Oak Ridge.
What is the average household income in Memphis TN?
Table
| Population | |
|---|---|
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $41,864 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $26,704 |
| Persons in poverty, percent | 24.6% |
Is Germantown TN a good place to live?
MEMPHIS, TN (WMC) – Three Mid-South cities are among the best places to live in Tennessee. Data website HomeSnacks named Germantown as the best city to live in the Volunteer State based on income, crime rates, and more.