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What is the average household income in Clarksville Tennessee?

Published in Clarksville Economy 2 mins read

While specific "average" (mean) household income data is not explicitly provided, the most commonly referenced and representative measure for household income, the median household income in Clarksville, Tennessee, was $66,786 for the period of 2019-2023 (in 2023 dollars).

It's important to understand the distinction between "average" (mean) and "median" when discussing income. The median income represents the exact middle point where half of the households earn more and half earn less. This measure is often preferred for income data because it is less affected by extremely high or low incomes, providing a more typical picture of what most households earn. The average (mean) income, on the other hand, is calculated by summing all incomes and dividing by the number of households, which can be skewed by a few very high earners.

Key Income Statistics for Clarksville, Tennessee

Here's a breakdown of household and individual income figures for Clarksville:

Income Type Value (2019-2023, in 2023 dollars)
Median Household Income $66,786
Per Capita Income $31,266

The per capita income refers to the average income per person in the area, including all adults and children. For Clarksville, this figure was $31,266 for the same 2019-2023 period.

Poverty Rate in Clarksville

Beyond income figures, it's also relevant to consider the economic well-being of the population. The percentage of persons living in poverty in Clarksville, Tennessee, is 12.8%. This indicates the proportion of the population whose income falls below a federally defined poverty threshold.