Tennessee

#31

Tennessee

State Facts

Minimum Wage $7.25
2-Bedroom Housing Wage $26.21
Number of Renter Households 933,708
Number of Renter Households
Below 30% AMI
225,760
Percent of Renter Households
Below 30% AMI
23%
Number of Renter Households
Below 50% AMI
360,741
Percent of Renter Households
Below 50% AMI
37%

Affordable Rent for Low Income Households

Minimum Wage Worker

$377/mo

Household at 30% of Area Median Income

$717/mo

Household at 50% of Area Median Income

$1,195/mo

Fair Market Rent

1-Bedroom Fair Market Rent

$1,183/mo

2-Bedroom Fair Market Rent

$1,363/mo

Working at minimum wage $7.25/hr

Each week you have to work 125 hours

To afford a modest 1 bedroom rental home at Fair Market Rent

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Compare Jurisdictions

Tennessee Tennessee Non-metropolitan areas Campbell County HMFA Chattanooga MSA Clarksville HMFA Cleveland MSA Crockett County HMFA Gibson County HMFA Grainger County HMFA Hickman County HMFA Jackson HMFA Johnson City MSA Kingsport-Bristol MSA Knoxville HMFA Macon County HMFA Maury County HMFA Memphis HMFA Morgan County HMFA Morristown HMFA Nashville-Davidson--Murfreesboro--Franklin HMFA Roane County HMFA Smith County HMFA Stewart County HMFA
Number of Households
Total 2,824,277 597,085 17,186 172,244 87,759 50,020 5,508 20,360 9,660 9,435 46,583 88,979 92,474 321,410 9,421 42,306 402,611 7,188 47,963 760,040 22,790 7,932 5,323
Renter 933,708 159,029 5,293 59,559 33,457 15,164 1,563 6,347 2,210 1,960 16,835 28,295 23,883 98,394 2,483 12,311 174,924 1,086 13,182 269,904 4,989 1,832 1,008
Percent Renters 33% 27% 31% 35% 38% 30% 28% 31% 23% 21% 36% 32% 26% 31% 26% 29% 43% 15% 27% 36% 22% 23% 19%
Housing Wage
Zero-Bedroom $21.64 $14.12 $13.79 $23.29 $20.96 $16.35 $14.48 $12.40 $13.69 $15.90 $16.71 $17.06 $13.85 $22.63 $16.29 $21.75 $20.38 $14.38 $16.94 $28.98 $17.54 $15.31 $13.31
One-Bedroom $22.74 $15.04 $13.88 $24.29 $21.04 $18.08 $16.19 $13.58 $13.79 $16.00 $18.46 $17.17 $15.73 $22.77 $17.06 $21.88 $22.19 $14.48 $17.06 $30.35 $17.65 $15.40 $15.67
Two-Bedroom $26.21 $18.55 $18.21 $26.73 $25.88 $23.71 $20.83 $17.83 $18.10 $19.08 $24.23 $21.77 $20.08 $28.29 $18.69 $25.94 $24.50 $19.00 $21.83 $33.27 $21.00 $20.21 $19.31
Three-Bedroom $33.84 $24.28 $24.02 $33.35 $35.98 $30.46 $26.71 $24.79 $23.87 $24.56 $32.25 $26.88 $25.73 $35.85 $24.81 $32.71 $32.37 $25.06 $27.77 $42.52 $27.54 $26.31 $26.85
Four-Bedroom $39.45 $26.72 $24.12 $35.63 $43.42 $31.40 $31.06 $29.90 $23.96 $32.00 $33.81 $29.77 $28.15 $41.77 $28.92 $36.77 $37.67 $25.15 $35.13 $51.85 $35.23 $26.77 $32.38
Fair Market Rent
Zero-Bedroom $1,125 $734 $717 $1,211 $1,090 $850 $753 $645 $712 $827 $869 $887 $720 $1,177 $847 $1,131 $1,060 $748 $881 $1,507 $912 $796 $692
One-Bedroom $1,183 $782 $722 $1,263 $1,094 $940 $842 $706 $717 $832 $960 $893 $818 $1,184 $887 $1,138 $1,154 $753 $887 $1,578 $918 $801 $815
Two-Bedroom $1,363 $964 $947 $1,390 $1,346 $1,233 $1,083 $927 $941 $992 $1,260 $1,132 $1,044 $1,471 $972 $1,349 $1,274 $988 $1,135 $1,730 $1,092 $1,051 $1,004
Three-Bedroom $1,759 $1,263 $1,249 $1,734 $1,871 $1,584 $1,389 $1,289 $1,241 $1,277 $1,677 $1,398 $1,338 $1,864 $1,290 $1,701 $1,683 $1,303 $1,444 $2,211 $1,432 $1,368 $1,396
Four-Bedroom $2,051 $1,389 $1,254 $1,853 $2,258 $1,633 $1,615 $1,555 $1,246 $1,664 $1,758 $1,548 $1,464 $2,172 $1,504 $1,912 $1,959 $1,308 $1,827 $2,696 $1,832 $1,392 $1,684
Annual Income Needed to Afford
Zero-Bedroom $45,008 $29,378 $28,680 $48,440 $43,600 $34,000 $30,120 $25,800 $28,480 $33,080 $34,760 $35,480 $28,800 $47,080 $33,880 $45,240 $42,400 $29,920 $35,240 $60,280 $36,480 $31,840 $27,680
One-Bedroom $47,300 $31,285 $28,880 $50,520 $43,760 $37,600 $33,680 $28,240 $28,680 $33,280 $38,400 $35,720 $32,720 $47,360 $35,480 $45,520 $46,160 $30,120 $35,480 $63,120 $36,720 $32,040 $32,600
Two-Bedroom $54,519 $38,574 $37,880 $55,600 $53,840 $49,320 $43,320 $37,080 $37,640 $39,680 $50,400 $45,280 $41,760 $58,840 $38,880 $53,960 $50,960 $39,520 $45,400 $69,200 $43,680 $42,040 $40,160
Three-Bedroom $70,380 $50,504 $49,960 $69,360 $74,840 $63,360 $55,560 $51,560 $49,640 $51,080 $67,080 $55,920 $53,520 $74,560 $51,600 $68,040 $67,320 $52,120 $57,760 $88,440 $57,280 $54,720 $55,840
Four-Bedroom $82,048 $55,571 $50,160 $74,120 $90,320 $65,320 $64,600 $62,200 $49,840 $66,560 $70,320 $61,920 $58,560 $86,880 $60,160 $76,480 $78,360 $52,320 $73,080 $107,840 $73,280 $55,680 $67,360
Minimum Wage
Minimum Wage $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25
Rent Affordable for a Full-Time Worker at Minimum Wage $377 $377 $377 $377 $377 $377 $377 $377 $377 $377 $377 $377 $377 $377 $377 $377 $377 $377 $377 $377 $377 $377 $377
Work Hours/Week at Minimum Wage
Zero-Bedroom 119 78 76 128 116 90 80 68 76 88 92 94 76 125 90 120 112 79 93 160 97 84 73
One-Bedroom 125 83 77 134 116 100 89 75 76 88 102 95 87 126 94 121 122 80 94 167 97 85 86
Two-Bedroom 145 102 100 147 143 131 115 98 100 105 134 120 111 156 103 143 135 105 120 184 116 112 107
Three-Bedroom 187 134 133 184 199 168 147 137 132 135 178 148 142 198 137 180 179 138 153 235 152 145 148
Four-Bedroom 218 147 133 197 240 173 171 165 132 177 187 164 155 230 160 203 208 139 194 286 194 148 179
Supplemental Security Income (SSI) Payment
SSI Monthly Payment $994 $994 $994 $994 $994 $994 $994 $994 $994 $994 $994 $994 $994 $994 $994 $994 $994 $994 $994 $994 $994 $994 $994
Rent affordable to SSI recipient $298 $298 $298 $298 $298 $298 $298 $298 $298 $298 $298 $298 $298 $298 $298 $298 $298 $298 $298 $298 $298 $298 $298
Income Levels
30% of Area Median Income (AMI) $28,689 $23,004 $20,700 $29,220 $28,140 $27,510 $24,090 $23,130 $20,640 $23,670 $23,850 $23,040 $24,540 $31,110 $23,250 $32,850 $27,810 $24,750 $24,030 $34,830 $28,230 $25,770 $27,060
50% of Area Median Income (AMI) $47,815 $38,339 $34,500 $48,700 $46,900 $45,850 $40,150 $38,550 $34,400 $39,450 $39,750 $38,400 $40,900 $51,850 $38,750 $54,750 $46,350 $41,250 $40,050 $58,050 $47,050 $42,950 $45,100
Median Renter Household Income $49,648 $38,316 $37,634 $51,917 $56,231 $42,574 $39,693 $42,716 $30,724 $45,854 $39,905 $40,831 $39,381 $48,621 $47,689 $55,215 $46,449 $47,315 $40,462 $61,350 $39,706 $46,417 $52,470
Rent Affordable at Different Income Levels
30% of Area Median Income (AMI) $717 $575 $518 $731 $704 $688 $602 $578 $516 $592 $596 $576 $614 $778 $581 $821 $695 $619 $601 $871 $706 $644 $677
50% of Area Median Income (AMI) $1,195 $958 $863 $1,218 $1,173 $1,146 $1,004 $964 $860 $986 $994 $960 $1,023 $1,296 $969 $1,369 $1,159 $1,031 $1,001 $1,451 $1,176 $1,074 $1,128
Median Renter Household Income $1,241 $958 $941 $1,298 $1,406 $1,064 $992 $1,068 $768 $1,146 $998 $1,021 $985 $1,216 $1,192 $1,380 $1,161 $1,183 $1,012 $1,534 $993 $1,160 $1,312

Median Wages for State’s Most Common Occupations

Occupation Total Employment Median Hourly Wage
Fast Food and Counter Workers 90,690 $13.58
Waiters and Waitresses 52,120 $13.72
Cashiers 63,350 $14.12
Retail Salespersons 87,380 $15.79
Home Health and Personal Care Aides 35,950 $15.88
Janitors and Cleaners, Except Maids and Housekeeping Cleaners 38,120 $16.53
Security Guards 27,690 $17.79
Stockers and Order Fillers 60,130 $17.86
Cooks, Restaurant 28,220 $18.00
Nursing Assistants 27,040 $18.78
Laborers and Freight, Stock, and Material Movers, Hand 105,870 $18.86
Office Clerks, General 49,880 $19.20
Medical Secretaries and Administrative Assistants 41,810 $19.73
First-Line Supervisors of Food Preparation and Serving Workers 29,100 $20.01
Customer Service Representatives 59,730 $21.16
Miscellaneous Assemblers and Fabricators 58,760 $22.06
Construction Laborers 26,250 $22.24
Light Truck Drivers 33,710 $22.26
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 34,580 $22.64
Housing Wage 1 Bedroom $22.74
Maintenance and Repair Workers, General 35,790 $23.34
All Occupations 3,278,760 $23.41
First-Line Supervisors of Retail Sales Workers 26,470 $23.66
Bookkeeping, Accounting, and Auditing Clerks 37,680 $23.80
Housing Wage 2 Bedroom $26.21
Heavy and Tractor-Trailer Truck Drivers 64,890 $28.96
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel 21,600 $29.77
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products 23,850 $30.46
First-Line Supervisors of Office and Administrative Support Workers 49,870 $32.81
Human Resources Specialists 21,460 $33.29
Accountants and Auditors 27,340 $37.97
Registered Nurses 72,200 $40.27
General and Operations Managers 63,720 $52.86