If you tell people you live in one of Tennessee’s wealthiest places, they will think you are crazy rich.
And since HomeSnacks is our name and ranking states and places is our game, the only ten cities we see are The Volunteer State’s richest places for 2024. Lucky for you, they’re listed below.
How did we identify Tennessee’s wealthiest places? We used Saturday Night Science to analyze the latest Census and Zillow data on incomes and home prices. We limited the analysis to 133 Tennessee cities with more than 3,000 residents.
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.
You’ll need some serious cash if you think you’ll set up shop in The Home to Country Music. The median income in many of Tennessee’s most affluent places is north of $100,000/year.
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Richest Places In Tennessee For 2024
What is Tennessee’s richest place to live? The richest place to live in Tennessee is Forest Hills.
To learn more about the wealthiest places in the Big Bend State, crank some Dolly Parton, grab a quiet spot next to the Cumberland River in Nashville, and read on.
Rich people not your cup of tea? Feel free to check out some more reading about Tennessee:
The 10 Richest Cities In Tennessee For 2024
1. Forest Hills
/10
Population: 4,922
Median Income: $239,643
Median Home Values: $1,385,869
More on Forest Hills: Data | Real Estate
2. Oak Hill
/10
Population: 4,764
Median Income: $201,650
Median Home Values: $1,298,176
More on Oak Hill: Data | Real Estate
3. Brentwood
/10
Population: 44,830
Median Income: $181,576
Median Home Values: $1,231,379
More on Brentwood: Data | Crime | Cost Of Living | Real Estate
4. Nolensville
/10
Population: 14,444
Median Income: $158,266
Median Home Values: $772,828
More on Nolensville: Data | Crime | Cost Of Living | Real Estate
5. Farragut
/10
Population: 23,795
Median Income: $135,725
Median Home Values: $639,373
More on Farragut: Data | Cost Of Living | Real Estate
6. Signal Mountain
/10
Population: 8,833
Median Income: $132,639
Median Home Values: $537,026
More on Signal Mountain: Data | Crime | Cost Of Living | Real Estate
7. Thompson’s Station
/10
Population: 7,426
Median Income: $116,569
Median Home Values: $737,448
More on Thompson’s Station: Data | Cost Of Living | Real Estate
8. Franklin
/10
Population: 83,630
Median Income: $106,592
Median Home Values: $851,106
More on Franklin: Data | Crime | Cost Of Living | Real Estate
9. Collierville
/10
Population: 51,170
Median Income: $129,729
Median Home Values: $496,528
More on Collierville: Data | Crime | Cost Of Living | Real Estate
10. Germantown
/10
Population: 41,094
Median Income: $140,429
Median Home Values: $477,703
More on Germantown: Data | Crime | Cost Of Living | Real Estate
Methodology: How We Determined The Richest Places In Tennessee For 2024
The first thing that comes to most people’s minds when they think about determining the richest places is simply identifying 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 2018-2022 American Community Survey and applied Saturday Night Science:
- Median Home Values
- Median Household Income
Median household income is the most digestible way to understand how rich a place is. And home values are a measure of wealth. The two combine to define a “Rich City.”
After we collected the data for all 133 places with more than 3,000 people in Tennessee, we ranked each place from 1 to 133 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, Forest Hills, crowned the “Richest City In Tennessee For 2024.”
The data has been updated for 2024. This is our tenth time ranking the wealthiest cities in Tennessee.
You can skip to the end to see the rankings for all 133 places.
Summary: The Wealthiest Places In Tennessee For 2024
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.
The richest cities in Tennessee are Forest Hills, Oak Hill, Brentwood, Nolensville, Farragut, Signal Mountain, Thompson’s Station, Franklin, Collierville, and Germantown.
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: Tiptonville
2nd Poorest: Trenton
3rd Poorest: La Follette
For more Tennessee reading, check out:
- Cheapest Places To Live In Tennessee
- Best Places To Raise A Family In Tennessee
- Safest Places In Tennessee
Detailed List Of The Richest Cities In Tennessee
| Rank | City | RichScore | Median Income | Average Home Price |
|---|---|---|---|---|
| 1 | Forest Hills | 1.0 | $239,643 | $1,385,869 |
| 2 | Oak Hill | 2.0 | $201,650 | $1,298,176 |
| 3 | Brentwood | 3.0 | $181,576 | $1,231,379 |
| 4 | Nolensville | 4.5 | $158,266 | $772,828 |
| 5 | Farragut | 6.5 | $135,725 | $639,373 |
| 6 | Signal Mountain | 7.5 | $132,639 | $537,026 |
| 7 | Thompson’s Station | 7.5 | $116,569 | $737,448 |
| 8 | Franklin | 8.5 | $106,592 | $851,106 |
| 9 | Collierville | 9.5 | $129,729 | $496,528 |
| 10 | Germantown | 10.0 | $140,429 | $477,703 |
| 11 | Mount Juliet | 10.5 | $108,066 | $532,466 |
| 12 | Spring Hill | 13.5 | $104,880 | $494,066 |
| 13 | Coope | 14.0 | $106,121 | $478,507 |
| 14 | Lakeland | 14.5 | $108,206 | $436,028 |
| 15 | Arlington | 16.5 | $116,409 | $403,058 |
| 16 | Hendersonville | 17.5 | $86,954 | $492,503 |
| 17 | Fairview | 20.5 | $82,344 | $471,482 |
| 18 | Pleasant View | 22.0 | $93,333 | $392,863 |
| 19 | Louisville | 23.5 | $80,307 | $423,049 |
| 20 | Greenbrier | 24.5 | $94,280 | $363,695 |
| 21 | Nashville | 24.5 | $71,328 | $428,714 |
| 22 | White House | 26.5 | $85,404 | $382,688 |
| 23 | Murfreesboro | 27.5 | $70,451 | $400,303 |
| 24 | Smyrna | 28.0 | $76,115 | $383,291 |
| 25 | Bartlett | 28.5 | $94,603 | $323,963 |
| 26 | Gallatin | 28.5 | $68,548 | $421,419 |
| 27 | Collegedale | 29.0 | $69,942 | $393,856 |
| 28 | Oakland | 30.0 | $86,433 | $339,678 |
| 29 | Atoka | 30.0 | $87,928 | $333,000 |
| 30 | Maryville | 31.5 | $74,610 | $356,939 |
| 31 | La Vergne | 32.5 | $77,531 | $335,140 |
| 32 | Lebanon | 34.0 | $63,698 | $424,030 |
| 33 | Medina | 35.5 | $91,135 | $297,773 |
| 34 | Goodlettsville | 36.0 | $64,581 | $386,325 |
| 35 | Ashland City | 37.5 | $69,974 | $320,987 |
| 36 | Gatlinburg | 40.0 | $50,483 | $497,676 |
| 37 | Pigeon Forge | 40.0 | $53,380 | $464,290 |
| 38 | White Bluff | 40.5 | $66,000 | $326,387 |
| 39 | Jonesborough | 42.0 | $68,802 | $301,729 |
| 40 | Millersville | 42.0 | $67,445 | $315,668 |
| 41 | Kingston | 43.0 | $67,637 | $308,377 |
| 42 | Portland | 43.0 | $68,315 | $306,039 |
| 43 | Dickson | 43.5 | $65,244 | $315,729 |
| 44 | Soddy-Daisy | 44.0 | $64,119 | $322,092 |
| 45 | Columbia | 45.0 | $58,110 | $347,595 |
| 46 | Munford | 45.5 | $89,397 | $264,122 |
| 47 | Dandridge | 47.5 | $53,422 | $357,603 |
| 48 | Lenoir City | 48.5 | $53,100 | $368,722 |
| 49 | Tusculum | 50.0 | $68,387 | $280,225 |
| 50 | Clarksville | 50.5 | $62,688 | $298,690 |
| 51 | Winchester | 51.0 | $58,054 | $314,326 |
| 52 | Oak Ridge | 51.5 | $67,152 | $283,423 |
| 53 | Clinton | 51.5 | $63,706 | $291,859 |
| 54 | Sevierville | 51.5 | $49,449 | $374,979 |
| 55 | Springfield | 53.0 | $55,392 | $311,432 |
| 56 | Hartsville/trousdale County | 54.0 | $62,018 | $290,174 |
| 57 | Red Bank | 55.5 | $59,027 | $287,926 |
| 58 | Knoxville | 55.5 | $48,309 | $339,691 |
| 59 | Alcoa | 55.5 | $63,580 | $283,927 |
| 60 | Chattanooga | 56.0 | $57,703 | $294,487 |
| 61 | Manchester | 57.0 | $53,639 | $296,307 |
| 62 | Mount Carmel | 61.5 | $64,971 | $238,849 |
| 63 | Church Hill | 63.5 | $65,518 | $231,699 |
| 64 | Tullahoma | 63.5 | $56,771 | $264,990 |
| 65 | Shelbyville | 64.0 | $50,694 | $285,526 |
| 66 | Cleveland | 66.0 | $52,468 | $280,069 |
| 67 | Cookeville | 66.0 | $48,094 | $295,584 |
| 68 | Johnson City | 66.0 | $53,173 | $265,790 |
| 69 | Jasper | 70.0 | $58,971 | $231,265 |
| 70 | East Ridge | 71.5 | $53,103 | $241,145 |
| 71 | Jefferson City | 72.0 | $48,212 | $270,307 |
| 72 | Harrogate | 73.0 | $60,025 | $215,165 |
| 73 | Dayton | 74.0 | $54,511 | $229,513 |
| 74 | Athens | 75.5 | $50,150 | $236,668 |
| 75 | Mount Pleasant | 76.5 | $47,988 | $261,284 |
| 76 | Lewisburg | 77.0 | $45,938 | $279,150 |
| 77 | Crossville | 77.5 | $44,375 | $287,358 |
| 78 | Millington | 81.0 | $49,543 | $226,046 |
| 79 | Kingsport | 81.5 | $48,228 | $230,055 |
| 80 | Oliver Springs | 87.0 | $47,690 | $223,018 |
| 81 | Bristol | 87.5 | $49,130 | $208,878 |
| 82 | Jackson | 87.5 | $48,058 | $214,290 |
| 83 | Sparta | 89.5 | $42,670 | $243,348 |
| 84 | Fayetteville | 90.5 | $45,391 | $228,303 |
| 85 | Madisonville | 91.0 | $40,769 | $257,114 |
| 86 | Greeneville | 91.5 | $46,473 | $212,344 |
| 87 | Harriman | 93.5 | $45,458 | $213,706 |
| 88 | Lafayette | 94.0 | $40,240 | $247,931 |
| 89 | Centerville | 94.0 | $46,719 | $202,893 |
| 90 | Pulaski | 95.0 | $41,585 | $234,571 |
| 91 | Somerville | 95.5 | $33,750 | $285,391 |
| 92 | Unicoi | 95.5 | $39,236 | $255,258 |
| 93 | Mcminnville | 95.5 | $42,130 | $232,009 |
| 94 | Dyersburg | 96.5 | $50,550 | $148,257 |
| 95 | Algood | 97.0 | $38,792 | $248,235 |
| 96 | Rogersville | 97.0 | $45,797 | $203,699 |
| 97 | Morristown | 98.5 | $39,547 | $232,083 |
| 98 | Dunlap | 98.5 | $42,188 | $224,978 |
| 99 | Lexington | 98.5 | $45,877 | $191,622 |
| 100 | Waverly | 99.5 | $43,750 | $208,891 |