Income & Economy in Baneberry, TN

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$84,583

+16% vs national

Per Capita Income

$47,801

+29% vs national

Poverty Rate

6.2%

-55% vs national

Gini Index

0.4400

0 = perfect equality

Unemployment

8.8%

+69% vs national

SNAP Recipients

2.5%

of households

How Baneberry Compares

Source: Census ACS (2023)

Baneberry vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Baneberry is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Baneberry. The median household income here is $84,583.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
6.0%
$25-50K
12.0%
$50-75K
20.8%
$75-100K
16.6%
$100-150K
16.9%
$150-200K
15.8%
$200K+
12.0%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

8.8%

+66% vs TN avg

Labor Force

376

Employed

343

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

23.0%

of adults 25+

High School Diploma+

40.5%

of adults 25+

Median Age

52.4

Work from Home

8.6%

of workers

The median household income in Baneberry, TN is $84,583, which is 15.5% above the national average of $73,224. Per capita income is $47,801. The poverty rate of 6.2% is lower than the TN state average of 16.0%. The Gini index of income inequality is 0.4400, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 8.8%, compared to the state average of 5.3%. 23.0% of adults hold a bachelor's degree or higher.