Nolensville, Arlington, Forest Hills: These cities aren’t just some of the best places to live in Tennessee. They are also home to some of the richest people in the Volunteer State.
Nolensville in particular houses the richest residents in the state thanks, in part, to a median household income of $120,411 and a ridiculously low poverty rate of 1.6%.
If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Tennessee share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.
How did we come up with these mega wealthy cities? We analyzed Census data from the 2013-2017 American Community Survey for the 95 places in Tennessee with more than 5,000 people.
- Nolensville (Photos | Homes For Sale)
- Arlington (Photos | Homes For Sale)
- Forest Hills (Homes For Sale)
- Brentwood (Photos | Homes For Sale)
- Germantown (Photos | Homes For Sale)
- Collierville (Photos | Homes For Sale)
- Spring Hill (Photos | Homes For Sale)
- Lakeland (Photos | Homes For Sale)
- Farragut (Photos | Homes For Sale)
- Atoka (Photos | Homes For Sale)
For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Tennessee.
Rich people not your cup of tea? Feel free to check out some more reading about Tennessee:
How We Determined The Richest Places In Tennessee For 2019
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 2013-2017 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 95 places with more than 5,000 people in Tennessee, we ranked each place from 1 to 95 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 2019”.
You can learn more about the top ten below or skip to the end to see the rankings for all 95 places.
/10
Population: 7,119
Rank Last Year: 3 (Up 2)
Median Income: $120,411
Unemployment Rate: 2.6%
Poverty Rate: 1.6%
More on Nolensville: Real Estate | Data | Photos
Nolensville is a town in Williamson County, Tennessee. The population was 5,861 at the 2010 census.
/10
Population: 11,678
Rank Last Year: 2 (No Change)
Median Income: $99,404
Unemployment Rate: 1.7%
Poverty Rate: 1.8%
More on Arlington: Real Estate | Data | Photos
Arlington is a town in Shelby County, Tennessee. The population was 2,569 at the 2000 census and 11,517 at the 2010 census, for a gain of 348.3% during the decade. The 2010 US Census shows that Arlington is the 2nd fastest growing community in the State of Tennessee. It is one of seven municipalities in Shelby County.
/10
Population: 5,002
Rank Last Year: –
Median Income: $193,281
Unemployment Rate: 2.7%
Poverty Rate: 3.7%
More on Forest Hills: Real Estate | Data
/10
Population: 41,524
Rank Last Year: 1 (Down 2)
Median Income: $151,722
Unemployment Rate: 3.2%
Poverty Rate: 2.9%
More on Brentwood: Real Estate | Data | Photos
Brentwood is a suburb of Nashville, Tennessee; located in Williamson County, it is known for its rolling hills as well as being one of the wealthiest cities in America relative to average cost of living. The population was 37,060 as of the 2010 U.S. Census, and estimated at 40,982 in 2014.
/10
Population: 39,230
Rank Last Year: 5 (No Change)
Median Income: $113,392
Unemployment Rate: 3.0%
Poverty Rate: 3.2%
More on Germantown: Real Estate | Data | Photos
Germantown is a city in Shelby County, Tennessee, United States. The population was 38,844 at the 2010 census.
/10
Population: 48,960
Rank Last Year: 6 (No Change)
Median Income: $113,957
Unemployment Rate: 3.4%
Poverty Rate: 4.7%
More on Collierville: Real Estate | Data | Photos
Collierville is a town in Shelby County, Tennessee, United States, and a suburb located in the Memphis metropolitan area. The town had a population of 43,965 at the 2010 census.
/10
Population: 35,995
Rank Last Year: 8 (Up 1)
Median Income: $86,538
Unemployment Rate: 3.3%
Poverty Rate: 3.1%
More on Spring Hill: Real Estate | Data | Photos
Spring Hill is a city in Maury and Williamson counties, Tennessee, located approximately 30 miles (48 km) south of Nashville. Spring Hill’s population as of 2014 was 34,269.
/10
Population: 12,623
Rank Last Year: 3 (Down 5)
Median Income: $102,785
Unemployment Rate: 3.8%
Poverty Rate: 3.3%
More on Lakeland: Real Estate | Data | Photos
Lakeland is a city in Shelby County, Tennessee, and a suburb of Memphis. The population was 12,430 at the 2010 census.
/10
Population: 21,975
Rank Last Year: 9 (No Change)
Median Income: $108,171
Unemployment Rate: 4.1%
Poverty Rate: 4.3%
More on Farragut: Real Estate | Data | Photos
Farragut is a town which straddles both Knox and Loudon counties in Tennessee and is a suburb of Knoxville. The town’s population was 20,676 at the 2010 census. It is included in the Knoxville Metropolitan Area. The town is named in honor of American Civil War Admiral David Farragut, who was born just east of Farragut at Campbell’s Station in 1801.
/10
Population: 8,994
Rank Last Year: 10 (No Change)
Median Income: $89,440
Unemployment Rate: 3.5%
Poverty Rate: 5.8%
More on Atoka: Real Estate | Data | Photos
Atoka /.to.k/ is a town in Tipton County, Tennessee, United States. Historians and genealogists can trace Atoka’s origins back to the 1838 charter of Portersville. Atoka adopted Portersville’s charter as its own. World War I Medal of Honor recipient Sgt. Joseph B. Adkison lived in Atoka, and he is buried nearby.
There You Have It – The Wealthiest Places In Tennessee For 2019
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: Ripley
3rd Poorest: Martin
For more Tennessee reading, check out:
- These Are The 10 Best Places To Retire In Tennessee
- 10 Safest Places In Tennessee
- These Are The 10 Best Counties To Live In Tennessee
Detailed List Of The Richest Cities In Tennessee
| Rank | City | RichScore |
|---|---|---|
| 1 | Nolensville | 3.0 |
| 2 | Arlington | 4.0 |
| 3 | Forest Hills | 5.0 |
| 4 | Brentwood | 5.0 |
| 5 | Germantown | 6.0 |
| 6 | Collierville | 9.17 |
| 7 | Spring Hill | 9.5 |
| 8 | Lakeland | 10.67 |
| 9 | Farragut | 11.5 |
| 10 | Atoka | 12.33 |
| 11 | Franklin | 14.67 |
| 12 | Signal Mountain | 15.0 |
| 13 | Mount Juliet | 15.67 |
| 14 | Bartlett | 16.5 |
| 15 | Collegedale | 17.0 |
| 16 | Hendersonville | 18.17 |
| 17 | Fairview | 18.83 |
| 18 | White House | 19.17 |
| 19 | Jonesborough | 19.5 |
| 20 | Oakland | 21.17 |
| 21 | Millersville | 22.67 |
| 22 | Manchester | 24.0 |
| 23 | Goodlettsville | 26.0 |
| 24 | Gallatin | 26.5 |
| 25 | Smyrna | 28.5 |
| 26 | La Vergne | 28.67 |
| 27 | Maryville | 29.17 |
| 28 | East Ridge | 30.5 |
| 29 | Kingston | 31.33 |
| 30 | Alcoa | 33.5 |
| 31 | Winchester | 34.17 |
| 32 | Murfreesboro | 34.33 |
| 33 | Portland | 35.17 |
| 34 | Clinton | 37.5 |
| 35 | Munford | 39.5 |
| 36 | Mount Carmel | 40.17 |
| 37 | Pigeon Forge | 40.67 |
| 38 | Dunlap | 41.0 |
| 39 | Church Hill | 41.33 |
| 40 | Lebanon | 43.67 |
| 41 | Clarksville | 43.83 |
| 42 | Dickson | 44.0 |
| 43 | Oak Ridge | 44.17 |
| 44 | Red Bank | 44.5 |
| 45 | Greenbrier | 45.67 |
| 46 | Hartsville/trousdale County | 47.67 |
| 47 | Columbia | 47.67 |
| 48 | Loudon | 48.5 |
| 49 | Milan | 49.0 |
| 50 | Tullahoma | 49.17 |
| 51 | Millington | 49.83 |
| 52 | Springfield | 51.33 |
| 53 | Sweetwater | 52.33 |
| 54 | Pulaski | 53.33 |
| 55 | Chattanooga | 53.33 |
| 56 | Bristol | 53.33 |
| 57 | Johnson City | 55.17 |
| 58 | Kingsport | 55.17 |
| 59 | Sevierville | 55.17 |
| 60 | Humboldt | 55.67 |
| 61 | Cleveland | 56.0 |
| 62 | Jackson | 59.67 |
| 63 | Paris | 59.83 |
| 64 | Shelbyville | 60.17 |
| 65 | Elizabethton | 60.67 |
| 66 | Lenoir City | 60.83 |
| 67 | Brownsville | 64.33 |
| 68 | Knoxville | 64.83 |
| 69 | Greeneville | 65.83 |
| 70 | Lewisburg | 68.0 |
| 71 | Jefferson City | 68.33 |
| 72 | Dyersburg | 69.17 |
| 73 | Mckenzie | 70.17 |
| 74 | Memphis | 72.67 |
| 75 | Lawrenceburg | 72.67 |
| 76 | Lexington | 74.0 |
| 77 | Mcminnville | 74.17 |
| 78 | Morristown | 76.33 |
| 79 | Henderson | 77.17 |
| 80 | Cookeville | 78.5 |
| 81 | Rockwood | 79.17 |
| 82 | Dayton | 80.17 |
| 83 | Fayetteville | 81.0 |
| 84 | Union City | 81.33 |
| 85 | Harriman | 81.67 |
| 86 | Athens | 81.67 |
| 87 | Crossville | 84.67 |
| 88 | Covington | 85.5 |
| 89 | Bolivar | 87.0 |
| 90 | Savannah | 89.0 |
| 91 | La Follette | 89.17 |
| 92 | Erwin | 90.0 |
| 93 | Martin | 90.33 |
| 94 | Ripley | 92.33 |
| 95 | Newport | 94.67 |
Brentwood is not a suburb of Nashville. It just borders Nashville but stands completely separate from Nashville. Antioch, Hermutage, and Bellevue are all suburbs of Nashville. They are all part of Nashville metro. However, Brentwood is a different city in a different county with a different government.