Three Way, TN
Full City Profile · Tennessee · Madison County County
4.5
/5.0
A+
Excellent
1,965
Population
438/sq mi density
$91,845
Median Income
$42,093 per capita
$231,200
Home Value
$283,639 Zillow
$1,650
Median Rent
23.6% income on rent
59°F
Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A
Economy
4.3 / 5.0
$91,845 median income, 5.7% unemployment
A+
Affordability
5.0 / 5.0
$231,200 home value, $1,650/mo rent
A
Education
4.2 / 5.0
39.4% bachelor's degree or higher
Income Overview
Median Household Income
$91,845
22% above
US avg: $75,149
Per Capita Income
$42,093
8% above
US avg: $39,052
Unemployment Rate
5.7%
58% above
US avg: 3.6%
Poverty Rate
4.6%
63% below
US avg: 12.4%
Income Comparison: Three Way vs. U.S. Average
Each bar shows Three Way’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$91,845
122%
Per Capita
US: $39,052
$42,093
108%
IRS Avg AGI
US: $72,000
$67,311
93%
Avg Weekly Wage
US: $1,432
$1,116
78%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,116
22% below US avg ($1,432)
Mean Commute Time
25 min
10% below US avg (28 min)
Work From Home
6.4%
58% below US avg (15.2%)
Drive Alone
90.4%
23% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$8,548M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
90.4%
Public Transit
0%
Work From Home
6.4%
Other
3.2%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,988
Restaurants
253
Healthcare
374
Retail
470
Manufacturing
84
Tax & Financial
IRS Avg Adjusted Gross Income
$67,311
7% below US avg ($72,000)
Avg Property Tax
$3,610
3% above US avg ($3,500)
Cost of Living Index
91.9
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $91,845 |
| Per Capita Income | $42,093 |
| IRS Avg Adjusted Gross Income | $67,311 |
| Avg Weekly Wage | $1,116 |
| County GDP | $8,548M |
Hardship Indicators
| Unemployment Rate | 5.7% |
| Poverty Rate | 4.6% |
| Gini Coefficient | 0.474 |
| Cost of Living Index | 91.9 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 90.4% |
| Public Transit | 0.0% |
| Work From Home | 6.4% |
Businesses
| Total Establishments | 2,988 |
| Restaurants | 253 |
| Healthcare | 374 |
| Retail | 470 |
| Manufacturing | 84 |
Tax
| IRS Avg AGI | $67,311 |
| Avg Property Tax | $3,610 |