The 10 Richest Cities In Tennessee For 2024


The richest cities in Tennessee are Forest Hills and Oak Hill for 2024 based on Saturday Night Science.

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


Richest Cities In Tennessee Map

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

Overall SnackAbility

7.5
/10

Population: 4,922
Median Income: $239,643
Median Home Values: $1,385,869
More on Forest Hills: Data | Real Estate

2. Oak Hill

Overall SnackAbility

7
/10

Population: 4,764
Median Income: $201,650
Median Home Values: $1,298,176
More on Oak Hill: Data | Real Estate

3. Brentwood

Brentwood, TN

Source: Wikipedia User Skye Marthaler | CC BY-SA 3.0
Overall SnackAbility

7.5
/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

Nolensville, TN

Source: Wikipedia User Skye Marthaler | CC BY-SA 3.0
Overall SnackAbility

9.5
/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

Farragut, TN

Source: Wikipedia User Brian Stansberry | CC BY 3.0
Overall SnackAbility

7.5
/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

Signal Mountain, TN

Source: Wikipedia User Sam Poss | CC BY-SA 4.0
Overall SnackAbility

10
/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

Overall SnackAbility

6
/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

Franklin, TN

Source: Wikipedia User Ichabod | CC BY-SA 3.0
Overall SnackAbility

9
/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

Collierville, TN

Source: Wikipedia User DoxTxob | GFDL
Overall SnackAbility

9
/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

Germantown, TN

Source: Public domain
Overall SnackAbility

7.5
/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

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 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:

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
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.