|Tennessee income level is low|
Adjusting for the cost of living, the media income for a family in Tennessee is $65,656, the ninth lowest in the U.S., according to financial news website 247wallst.com. The household income range in Tennessee for a family to be considered middle income is $23,000 to $113,000. From state to state, the cost of living varies significantly. In Cocke County the average family income is about $23,000. The cost of living in Tennessee is about 10 percent less expensive than the U.S. average.