Collinwood, TN

Full City Profile · Tennessee · Wayne County County

3.5 /5.0
B+ Good
1,044 Population 376/sq mi density
$52,083 Median Income $30,320 per capita
$89,100 Home Value $156,305 Zillow
$473 Median Rent 21.7% income on rent
58°F Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$52,083 median income, 2.8% unemployment
A+
Affordability
5.0 / 5.0
$89,100 home value, $473/mo rent
D
Education
1.9 / 5.0
11.8% bachelor's degree or higher

Collinwood, TN

At a Glance

Median Income
$52,083
31% below
$30,320 per capita
Home Value
$89,100
68% below
Zillow: $156,305
Median Rent
$473/mo
59% below
21.7% of income on rent
Bachelor's Degree+
11.8%
65% below
88.7% high school+
Unemployment
2.8%
22% below
13.2% poverty rate
Obesity Rate
40.6%
26% above
25.2% smoking rate
Avg Temperature
58°F

How Collinwood Compares to the U.S. Average

Each bar shows Collinwood's value as a percentage of the national average (100% = U.S. avg)

Income
69%
Home Value
32%
Rent
41%
Poverty
106%
Bachelor's
35%
Unemployment
78%
Thin vertical line = U.S. national average (100%)

Is Collinwood a Good Place to Live?

B+
3.5 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Collinwood residents earn a median household income of $52,083 , which is 31% below the national average of $75,149. Per capita income is $30,320. The unemployment rate stands at 2.8% (22% below the U.S. rate of 3.6%). 13.2% of residents live below the poverty line. The area is home to 296 business establishments, including 16 restaurants.

Housing & Cost of Living

The median home value in Collinwood is $89,100 , 68% below the national median of $281,900. Zillow estimates the typical home at $156,305. Median rent is $473/month, with 21.7% of renters spending more than 30% of income on housing. The cost of living index is 91.9 (100 = national average). The median home was built in 1971.

Education

11.8% of adults in Collinwood hold a bachelor's degree or higher (65% below the national average). 88.7% have completed high school. Local schools score 4.9/10 in standardized testing.

Climate & Weather

Collinwood has an average annual temperature of 58°F (14°C). Winters average 38°F in January while summers reach 77°F in July. Annual precipitation totals 61.8 inches.

Data Overview

People

Population1,044
Median Age37.3 yrs
Density376/mi²
Male / Female48% / 52%
Foreign Born1.1%
Veterans2.2%

Economy

B+
Median Income$52,083
Per Capita$30,320
Unemployment2.8%
Poverty13.2%
County GDP$546M
Avg Weekly Wage$895

Housing

A+
Home Value$89,100
Rent$473
Ownership73.5%
Zillow$156,305
Housing Units505
Rent Burden21.7%

Health

Obesity40.6%
Diabetes13.1%
Smoking25.2%
Heart Disease7.4%
Premature Death10,259/100K

Climate

Avg Temp58°F
Rain61.8 in/yr
Elevation1,056 ft

Education

D
Bachelor's+11.8%
High School+88.7%
Graduate+4.7%
School Score4.9/10

Community

2024 VoteR 88% / D 11%
Commute29 min
Broadband82.9%
Internet Speed86 Mbps
EV Stations2
Libraries3

Did You Know?

Collinwood was founded in 1921.
The median home in Collinwood was built in 1971.
The nearest airport is Northwest Alabama Regional (31 miles).
The Gini coefficient (income inequality) is 0.477 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
16.9% of the population has a disability.
The county recorded 3 fatal vehicle crashes.