Three Way is home to 2,008 people in Tennessee. The median age is 54.9, about 16 years above the US median. Owners hold 93% of the housing stock. 633 more people live here than in 2000. 2% of locals were born outside the United States. Households here earn about 27% more than in Tennessee as a whole.
At a glance
Wealthier
median household income $88,125, above the US median
US median: $82,259
Older
median age 54.9
US median: 38.9
Average education
39% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Three Way
What changed most since 2000
Median age35.8 → 54.9(+19.1 years)US over the same years: +3.7 years
Black share4.7% → 22.6%(+18.0 pts)US over the same years: −0.1 pts
Adults with a bachelor's degree42.1% → 38.6%(−3.5 pts)US over the same years: +11.3 pts
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)14.1%(28)
US avg: 26.4%
Gulf War (1990s)7.5%(15)
US avg: 24.3%
Vietnam era49.7%(99)
US avg: 33.1%
Korean War7.5%(15)
US avg: 4.5%
World War II2.5%(5)
US avg: 1%
Share of the 199 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Three Way, decade by decade
Three Way population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
2000
1,375
$113,189
$217,323
42.1%
16.4
2010
1,709
$101,060
$210,607
33.8%
29.8
2020
1,877
$90,834
$199,017
31.4%
48.9
2024
2,008
$88,125
$250,700
38.6%
53.6
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.