A person working in Tennessee typically earns around 98,400 USD per year. Salaries range from 24,900 USD (lowest average) to 439,000 USD (highest average, actual maximum salary is higher). This is the average yearly salary including housing, transport, and other benefits.
What is considered a high salary in Tennessee?
While ZipRecruiter is seeing salaries as high as $83,285 and as low as $24,006, the majority of salaries within the Comfortable jobs category currently range between $28,414 (25th percentile) to $44,582 (75th percentile) with top earners (90th percentile) making $63,688 annually in Tennessee.
What is a liveable salary in Tennessee?
The values are reported in 2020 dollars. For a full breakdown of the data, click here. Based on MIT’s calculation, the average living wage for a single adult with no children to get by in Tennessee is $13.25. The wage is $6.00 higher than the minimum wage.
What is a good salary for a single person in Tennessee?
How much money does it take for a single person to live comfortably in Nashville? $61,015 a year, according to a new report from GoBankingRates.com.
What’s considered a very high salary?
A $80k salary is considered to be significantly above average and is an upper-middle-class salary. You can comfortably on that salary in any state. $56,000 is the average household salary in the US. Moreover, an individual income of $80,000 puts you in the top 25% of earners in the US.
What is middle class salary in TN?
Tennessee households must make at least $21,573 to reach middle class, study finds. (The Center Square) – In Tennessee, households must earn a minimum of $21,573 per year to be considered middle class, with the upper earnings boundary set at $98,679, according to a new 24/7 Wall St. analysis.
What do you need to make to live comfortably in Tennessee?
–A study by personal finance company Go Banking Rates finds in order to live comfortably in Nashville, residents need to make $80,548 per year. The study examined housing costs, the price of necessities such as food and healthcare, and average incomes among America’s 50 largest cities.
What is a good hourly wage in Tennessee?
$13.90 is the 25th percentile. Wages below this are outliers. $39.10 is the 90th percentile. Wages above this are outliers.
What are Top 10 Highest Paying Cities for Hourly Rate Jobs in Tennessee.
| City | Johnson City |
|---|---|
| Annual Salary | $40,724 |
| Monthly Pay | $3,394 |
| Weekly Pay | $783 |
| Hourly Wage | $19.58 |
Whats the average salary in TN?
According to Business.org, Tennessee’s average salary is $34,890 per year. With that salary, it would take 71.2 hours to afford rent for a one-bedroom apartment in Tennessee.
Is it expensive to live in TN?
Tennessee’s quality of life is high, and its cost of living is low. Based on 2020 annual averages, Tennessee has the 8th lowest cost of living in the nation at 10.3% below the national average.
What is poverty level in TN?
Poverty: The proportion of people living under the federal poverty line increased from an estimated 15.0% in 2017 to 15.3% in 2018 (Figure 2). * In 2018, the poverty threshold for a family of three was about $20,000 per year.
How much should I be making at 27?
What was the average and median income by age in 2021?
| Age | 25% | Median |
|---|---|---|
| 26 | $20,804.00 | $35,000.00 |
| 27 | $23,660.00 | $40,000.00 |
| 28 | $25,000.00 | $39,005.00 |
| 29 | $24,615.00 | $41,085.00 |
What jobs make 200k a year?
Jobs with $200,000 average pay
- Associate dentist.
- General physician.
- General surgeon.
- Gastroenterologist.
- Chief medical officer.
- Otolaryngologist.
- Periodontist.
- Dermatologist.
Is 125k a year a good salary?
$120k per year is a good salary and should mean that most people could live a comfortable life with enough spare income for treats and enjoyment. However, your lifestyle could still surpass your income, so it is important to get financial guidance if you feel you are going to struggle.
What is upper class in Tennessee?
The average income of the top 20% comes in at $172,622. For the top 5%, the average income is $335,653. In Music City, the lowest income to be considered “rich” (Top 20%) is $115,609. The average income of the top 20% comes in at $212,201.
Is Tennessee a wealthy state?
Tennessee is the thirty-fifth-richest state in the United States of America, with a per capita income of $28,764 (2017).
What is a comfortable salary in Nashville?
The price of living in Nashville was found to be higher than in New Orleans. There, residents earn a median income of just $37,488 but need $70,413 to be comfortable.
Is it cheaper to live in Tennessee or Florida?
If the average cost of living in the United States is 100, Florida has an overall score of 97.9. This is considerably more than Tennessee, which has an overall cost of living score of 88.7. When comparing the numbers, this means Florida is nearly 10% more expensive to live in than Tennessee.
Is it cheaper to live in TN or NC?
Tennessee is 3.1% cheaper than North Carolina.
Is it cheaper to live in Georgia or Tennessee?
Tennessee is 5.7% cheaper than Georgia.
What is a good salary for a single person?
The average salary for a single person is $1,089 for men and $900 for women per week in the US. This equates to an annual income of $56,628 for men and $46,800 for women on average.