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Three Way, TN

Full City Profile · Tennessee · Madison County County

3.7 /5.0
B+ Good
1,965 Population 438/sq mi density
$91,845 Median Income $42,093 per capita
$231,200 Home Value $278,701 Zillow
$1,650 Median Rent 23.6% income on rent
59°F Avg Temperature 301 sunny days/yr
965 Violent Crime/100K 4,719 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$91,845 median income, 3.5% unemployment
A+
Affordability
5.0 / 5.0
$231,200 home value, $1,650/mo rent
F
Safety
1.0 / 5.0
965 violent crimes/100K (154% above avg)
A
Education
4.2 / 5.0
39.4% bachelor's degree or higher

Three Way, TN

At a Glance

Median Income
$91,845
22% above
$42,093 per capita
Home Value
$231,200
18% below
Zillow: $278,701
Median Rent
$1,650/mo
42% above
23.6% of income on rent
Violent Crime
965/100K
154% above
4,719/100K property
Bachelor's Degree+
39.4%
17% above
94.0% high school+
Unemployment
3.5%
3% below
4.6% poverty rate
Obesity Rate
37.7%
17% above
13.5% smoking rate
Avg Temperature
59°F
301 sunny days/yr

How Three Way Compares to the U.S. Average

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

Income
122%
Home Value
82%
Rent
142%
Poverty
37%
Bachelor's
117%
Unemployment
97%
Crime
254%
Thin vertical line = U.S. national average (100%)

Is Three Way a Good Place to Live?

B+
3.7 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Three Way residents earn a median household income of $91,845 , which is 22% above the national average of $75,149. Per capita income is $42,093. The unemployment rate stands at 3.5% (3% below the U.S. rate of 3.6%). 4.6% of residents live below the poverty line. The area is home to 2,988 business establishments, including 253 restaurants.

Housing & Cost of Living

The median home value in Three Way is $231,200 , 18% below the national median of $281,900. Zillow estimates the typical home at $278,701. Median rent is $1,650/month, with 23.6% 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 1996.

Safety & Crime

Three Way reports 965 violent crimes per 100,000 residents , which is 154% above the national average of 380/100K. Property crime is 4,719/100K.

Education

39.4% of adults in Three Way hold a bachelor's degree or higher (17% above the national average). 94.0% have completed high school. Local schools score 4.1/10 in standardized testing.

Climate & Weather

Three Way has an average annual temperature of 59°F (15°C). Winters average 38°F in January while summers reach 80°F in July. The area gets 301 sunny days per year. Annual precipitation totals 55.2 inches. Air quality is rated Good with a median AQI of 40.

Data Overview

People

Population1,965
Median Age54.3 yrs
Density438/mi²
Male / Female50% / 50%
Foreign Born13.6%
Veterans9.9%

Economy

A+
Median Income$91,845
Per Capita$42,093
Unemployment3.5%
Poverty4.6%
County GDP$8,548M
Avg Weekly Wage$1,116

Housing

A+
Home Value$231,200
Rent$1,650
Ownership92.9%
Zillow$278,701
Housing Units805
Rent Burden23.6%

Crime

F
Violent965/100K
Property4,719/100K

Health

Obesity37.7%
Diabetes10.0%
Smoking13.5%
Heart Disease5.1%
Premature Death12,327/100K

Climate

Avg Temp59°F
Sunny Days301/yr
Rain55.2 in/yr
AQI40 (Good)
Elevation418 ft

Education

A
Bachelor's+39.4%
High School+94.0%
Graduate+16.0%
School Score4.1/10

Community

2024 VoteR 59% / D 40%
Commute25 min
Broadband94.9%
Internet Speed217 Mbps
EV Stations1
Libraries2

Did You Know?

The median home in Three Way was built in 1996.
The nearest airport is Mc Kellar-Sipes Regional (12 miles).
The Gini coefficient (income inequality) is 0.474 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
19.3% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 217 Mbps.
There are 253 restaurants in the area.
The county recorded 19 fatal vehicle crashes.