The 10 Richest Cities In Tennessee For 2021


We analyzed 95 places in Tennessee to determine where the 1% live.

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If you tell people that you live in one of Tennessee’s richest places, they will think that you are crazy rich.

And since HomeSnacks is our name and ranking states and places is our game, the only ten we see in Tennessee are The Volunteer State’s top ten richest places for 2021. And lucky for you, they’re listed below.

But first things first. How did we identify Tennessee’s wealthiest places? We took a look at the latest Census data from the American Community Survey for 98 Tennessee cities with 5,000 residents. We then looked at median income and unemployment and poverty rates for each and assigned a score. We call this a city’s overall SnackAbility. And, folks, there are some super rich places in Tennessee that are snack worthy.

You’ll be living the Tennessee dream if you choose one of the state’s richest to plant some roots. Heck, there’s a reason famous Tennesseans like country singer Jason Aldean and hockey star Mike Fisher can’t stop talking about their hometowns Spring Hill and Brentwood: these places know how to cater to the state’s one percent. But, folks, you’re going to need some serious cash if you think you’re going to set up shop in The Home to Country Music: the median income in many of Tennessee’s richest places is north of $100,000/year.

Want to know more? We suggest that you crank some Dolly, grab a quiet spot next to the Cumberland River in Nashville, and read on.

HomeSnacks is not just your average website. Millions of people read our articles every year and media outlets love to feature our work. Take for instance this little gem by Nashville’s Fox 17. Needless to say, we are very confident in our work and we are very confident in this list of the top ten richest places in Tennessee for 2021.

So, where is Tennessee’s number one richest place to live? According to the latest data, Nolensville, has earned this honor.

If you want to see a list of the rest of Tennessee’s richest places, take a look below. And if you don’t find what you’re looking for there, head to the bottom.

Rich people not your cup of tea? Feel free to check out some more reading about Tennessee:

The 10 Richest Cities In Tennessee For 2021

1. Nolensville

Nolensville, TN

Overall SnackAbility

9.5
/10

Population: 8,390
Rank Last Year: 1 (No Change)
Median Income: $134,740
Unemployment Rate: 1.6%
Poverty Rate: 1.4%
More on Nolensville: Real Estate | Photos

2. Brentwood

Brentwood, TN

Overall SnackAbility

7
/10

Population: 42,407
Rank Last Year: 3 (Up 1)
Median Income: $168,688
Unemployment Rate: 2.6%
Poverty Rate: 2.5%
More on Brentwood: Real Estate | Photos

3. Collierville

Collierville, TN

Overall SnackAbility

9
/10

Population: 50,086
Rank Last Year: 4 (Up 1)
Median Income: $113,996
Unemployment Rate: 2.1%
Poverty Rate: 3.9%
More on Collierville: Real Estate | Photos

4. Farragut

Farragut, TN

Overall SnackAbility

7.5
/10

Population: 22,631
Rank Last Year: 6 (Up 2)
Median Income: $108,511
Unemployment Rate: 1.9%
Poverty Rate: 3.6%
More on Farragut: Real Estate | Photos

5. Thompson’s Station

Overall SnackAbility

6
/10

Population: 5,456
Rank Last Year:
Median Income: $104,250
Unemployment Rate: 2.1%
Poverty Rate: 2.6%
More on Thompson’s Station: Real Estate

6. Arlington

Arlington, TN

Source: Public domain
Overall SnackAbility

7
/10

Population: 11,697
Rank Last Year: 2 (Down 4)
Median Income: $102,114
Unemployment Rate: 1.8%
Poverty Rate: 3.0%
More on Arlington: Real Estate | Photos

7. Germantown

Germantown, TN

Source: City Of Germantwon
Overall SnackAbility

7.5
/10

Population: 39,193
Rank Last Year: 5 (Down 2)
Median Income: $118,163
Unemployment Rate: 2.9%
Poverty Rate: 2.5%
More on Germantown: Real Estate | Photos

8. Signal Mountain

Signal Mountain, TN

Overall SnackAbility

10
/10

Population: 8,539
Rank Last Year: 11 (Up 3)
Median Income: $109,926
Unemployment Rate: 3.2%
Poverty Rate: 1.9%
More on Signal Mountain: Real Estate | Photos

9. Oakland

Oakland, TN

Overall SnackAbility

5
/10

Population: 7,893
Rank Last Year: 18 (Up 9)
Median Income: $75,316
Unemployment Rate: 2.1%
Poverty Rate: 2.9%
More on Oakland: Real Estate | Photos

10. Spring Hill

Spring Hill, TN

Overall SnackAbility

6
/10

Population: 39,711
Rank Last Year: 8 (Down 2)
Median Income: $90,778
Unemployment Rate: 2.6%
Poverty Rate: 2.8%
More on Spring Hill: Real Estate | Photos

How We Determined The Richest Places In Tennessee For 2021

Map Of The Richest Places To Live In Tennessee
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the newly released 2015-2019 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 98 places with more than 5,000 people in Tennessee, we ranked each place from 1 to 98 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Nolensville, crowned the “Richest City In Tennessee For 2021”. You can download the data here.

You can learn more about the top ten below or skip to the end to see the rankings for all 98 places.

There You Have It – The Wealthiest Places In Tennessee For 2021

Like we said earlier, when we set out to identify the richest places in Tennessee, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Tennessee.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in Tennessee, according to data:

Poorest: Newport
2nd Poorest: La Follette
3rd Poorest: Bolivar

For more Tennessee reading, check out:

Detailed List Of The Richest Cities In Tennessee

Rank City RichScore Median Income
1 Nolensville 2.0 $134,740
2 Brentwood 7.0 $168,688
3 Collierville 7.33 $113,996
4 Farragut 7.33 $108,511
5 Thompson’s Station 7.67 $104,250
6 Arlington 7.67 $102,114
7 Germantown 8.0 $118,163
8 Signal Mountain 9.33 $109,926
9 Oakland 10.67 $75,316
10 Spring Hill 11.33 $90,778
11 Millersville 14.0 $65,063
12 White House 14.67 $78,041
13 Franklin 15.67 $98,231
14 Mount Juliet 16.0 $91,303
15 Jonesborough 17.0 $56,550
16 Lakeland 17.33 $103,074
17 Atoka 18.0 $91,687
18 Hendersonville 19.0 $72,539
19 Bartlett 19.0 $84,688
20 Fairview 21.67 $69,300
21 Gallatin 25.0 $59,745
22 Manchester 25.67 $50,009
23 La Vergne 27.0 $64,531
24 Maryville 29.0 $61,384
25 Collegedale 29.67 $59,015
26 Smyrna 30.33 $62,635
27 Munford 31.0 $72,257
28 Soddy-Daisy 31.67 $48,097
29 Mount Carmel 32.67 $53,253
30 Portland 32.67 $55,722
31 Goodlettsville 33.0 $60,268
32 Kingston 33.33 $57,390
33 Nashville 34.0 $59,828
34 Dickson 34.0 $49,805
35 Pigeon Forge 34.67 $45,660
36 Winchester 35.67 $50,538
37 Greenbrier 37.67 $58,446
38 Columbia 37.67 $49,284
39 Murfreesboro 37.67 $62,003
40 Lebanon 38.0 $54,228
41 Red Bank 38.67 $42,618
42 Hartsville/trousdale County 41.33 $56,321
43 East Ridge 42.67 $47,203
44 Oak Ridge 44.33 $55,230
45 Dunlap 44.67 $41,458
46 Tullahoma 45.0 $48,770
47 Sevierville 45.33 $43,233
48 Alcoa 45.67 $48,750
49 Church Hill 49.33 $46,024
50 Cleveland 50.33 $44,633
51 Clarksville 50.33 $53,604
52 Loudon 50.67 $41,860
53 Milan 51.33 $43,509
54 Chattanooga 56.0 $45,527
55 Greeneville 56.67 $37,121
56 Springfield 57.67 $46,897
57 Shelbyville 58.0 $41,716
58 Clinton 60.67 $44,170
59 Kingsport 61.0 $42,856
60 Johnson City 61.67 $41,682
61 Jackson 61.67 $43,621
62 Millington 62.0 $52,500
63 Knoxville 63.67 $40,341
64 Lenoir City 67.0 $39,867
65 Sweetwater 67.0 $40,158
66 Erwin 67.67 $35,498
67 Elizabethton 68.33 $36,863
68 Bristol 68.67 $42,010
69 Covington 68.67 $32,568
70 Lewisburg 69.0 $42,298
71 Jefferson City 71.0 $38,693
72 Lafayette 71.67 $30,960
73 Brownsville 72.0 $33,789
74 Paris 72.67 $30,902
75 Harriman 72.67 $33,315
76 Fayetteville 73.33 $36,010
77 Rockwood 75.67 $32,334
78 Crossville 77.0 $34,113
79 Memphis 77.33 $41,228
80 Cookeville 78.33 $38,256
81 Mckenzie 78.33 $32,757
82 Dyersburg 79.0 $38,614
83 Martin 79.67 $32,364
84 Henderson 80.33 $38,654
85 Pulaski 81.67 $31,519
86 Lawrenceburg 82.0 $34,086
87 Lexington 82.67 $34,567
88 Mcminnville 83.0 $35,909
89 Humboldt 83.67 $31,165
90 Savannah 84.0 $36,758
91 Athens 84.67 $31,913
92 Dayton 85.0 $36,393
93 Morristown 85.33 $32,193
94 Ripley 89.67 $33,533
95 Union City 89.67 $28,580
96 Bolivar 91.0 $32,064
97 La Follette 96.33 $30,876
98 Newport 97.33 $24,124

How Is The Area In ?

Editor’s Note: Data has been updated for 2021. This is our seventh time ranking the richest cities in Tennessee.

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.