Tennessee was ranked near the bottom of the list for states with the best average salary. Tennessee was ranked number 41, just before Georgia at 42. According to Business.org, Tennessee’s average salary is $34,890 per year.
- As of Sep 20, 2021, the average annual pay for the Average jobs category in Tennessee is $56,888 an year. Just in case you need a simple salary calculator, that works out to be approximately $27.35 an hour. This is the equivalent of $1,094/week or $4,741/month.
What is a good salary in Tennessee?
While ZipRecruiter is seeing salaries as high as $60,636 and as low as $14,101, the majority of salaries within the Person jobs category currently range between $23,501 (25th percentile) to $35,723 (75th percentile) with top earners (90th percentile) making $48,414 annually in Tennessee.
What is the average yearly income in Tennessee?
The ACS 1-year survey shows that the median family income for Tennessee was $69,993 in 2019. Compared to the median US family income, Tennessee median family income is $10,951 lower. Like the median household income numbers, 2020 family income data will be released in September of 2021.
What is considered middle class 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.
Is Tennessee expensive to live in?
Is it expensive to live in Tennessee? In short, no, Tennessee is actually a very inexpensive place to live. According to the 2021 Cost of Living Index, Tennessee ranks sixth place for lowest cost of living in the United States. With a score of 88.7, Tennessee comes in well below the national average.
What is high income Tennessee?
Money it takes to be considered rich in Nashville: more than $120,060. Money it takes to be in the top 1 percent in Tennessee: $308,834. Median income in Nashville: $60,030.
What is low income in Tennessee?
What is considered low income? What is considered an affordable housing cost* for families? A full-time employee, for example, earning the minimum wage of $7.25/hour in Tennessee (last increase was in 2008) earns $15,080/year – considered very low income if they are a single person household.
How much is $45 000 a year hourly?
That means, if you work the standard 40 hour work week, 52 weeks per year, you’d need to divide $45,000 by 2,080 hours (40 * 52). If this is your measure, $45,000 per year is $21.63 an hour.
What is $20 an hour annually?
If you make $20 per hour, your Yearly salary would be $39,000. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 37.5 hours a week.