Residents in Rutherford County are among the highest earners in Tennessee according to a recent analysis by New York financial technology company SmartAsset.
Williamson County residents come in at number one on the list with a median income of $103,000. Wilson County ranked number two with a median income of $66,000 while Rutherford County residents are at number three with a median income of $62,000.
The analysis was completed as part of the company’s study on the places with the most purchasing power.
The income data is a key factor in the study, which also includes cost of living data to determine the places where residents have the most purchasing power.
The full study results, methodology and interactive map can be found here: https://smartasset.com/mortgage/cost-of-living-calculator#Tennessee/median-income
What is Median? In statistics, a median is a value separating the higher half from the lower half of a data sample, a population or a probability distribution. It is the middle value.