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Iron City, TN

Full City Profile · Tennessee · Lawrence County County

3.2 /5.0
B Good
226 Population 328/sq mi density
$17,500 Median Income $17,349 per capita
$54,700 Home Value $193,001 Zillow
58°F Avg Temperature 302 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
F
Economy
1.1 / 5.0
$17,500 median income, 9.5% unemployment
A+
Affordability
4.9 / 5.0
$54,700 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.3 / 5.0
0.0% bachelor's degree or higher

Income Overview

Median Household Income
$17,500
77% below
US avg: $75,149
Per Capita Income
$17,349
56% below
US avg: $39,052
Unemployment Rate
9.5%
164% above
US avg: 3.6%
Poverty Rate
48.8%
294% above
US avg: 12.4%

Income Comparison: Iron City vs. U.S. Average

Each bar shows Iron City’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$17,500
23%
Per Capita
US: $39,052
$17,349
44%
IRS Avg AGI
US: $72,000
$56,896
79%
Avg Weekly Wage
US: $1,432
$880
61%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$880
39% below US avg ($1,432)
Work From Home
55.2%
263% above US avg (15.2%)
Drive Alone
31.3%
57% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,585M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 31.3%
Public Transit 0%
Work From Home 55.2%
Other 13.5%

Business Landscape

Total Establishments
931
Restaurants
65
Healthcare
87
Retail
175
Manufacturing
58

Tax & Financial

IRS Avg Adjusted Gross Income
$56,896
21% below US avg ($72,000)
Avg Property Tax
$2,800
20% below US avg ($3,500)
Cost of Living Index
91.9
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$17,500
Per Capita Income$17,349
IRS Avg Adjusted Gross Income$56,896
Avg Weekly Wage$880
County GDP$1,585M

Hardship Indicators

Unemployment Rate9.5%
Poverty Rate48.8%
Gini Coefficient0.464
Cost of Living Index91.9

Commute

Drive Alone31.3%
Public Transit0.0%
Work From Home55.2%

Businesses

Total Establishments931
Restaurants65
Healthcare87
Retail175
Manufacturing58

Tax

IRS Avg AGI$56,896
Avg Property Tax$2,800