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CITY · 2020 ACS

Three Way

Tennessee · 1,877 residents · 4.491 sq mi
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The short version

Three Way is wealthier than most US places, with a median household income of $74,943. Population has grown 37% since 2000. Median home value is $164,200. With a median age of 48.6, the population is older than the US median of 38.8. Poverty is rare here, at 3.8% of residents. Households here earn about 37% more than the Tennessee median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 48.6
US median: 38.8
Average education
31% hold a bachelor's degree
US average: 33%
More affordable
home values down 8%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,877
+37%since 2000
from 1,375 in 2000
2000 – 2025
Population density
418 / sq mi
+37%since 2000
from 306 / sq mi in 2000
US average: 280
Median age
48.6
+36%since 2000
from 35.8 in 2000
US average: 38.8
Population, 2000 – 2024
1K2K2K2K2K2000201020202024Three Way
20242K
2000201020202024
Section 02

Income & economy

Median household income
$74,943
−20%inflation adjusted, since 2000
from $62,135 in 2000
US average: $66,278
2000 – 2024
Per capita income
$34,801
+49%since 2000
from $23,313 in 2000
US average: $35,364
Households earning $100K+
49.9%
+1.4 ptssince 2009
from 48.5% in 2009
US average: 43.9%
Poverty rate
3.8%
−0.2 ptssince 2000
from 4.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade18.4%
US avg: 10%
Information11%
US avg: 11.1%
Finance & insurance5.6%
US avg: 5.5%
Professional, scientific, technical5.2%
US avg: 4.7%
Other services4.1%
US avg: 6.6%
Wholesale trade2.5%
US avg: 6.7%
Public administration2.4%
US avg: 4.7%
Arts, entertainment, food1.5%
US avg: 2%
Transportation & warehousing0.8%
US avg: 2.5%
Agriculture, forestry, fishing0.3%
US avg: 1.7%
Construction0.3%
US avg: 1.2%
Education & health services0.3%
US avg: 0.8%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$164,200
−8%inflation adjusted, since 2000
from $119,300 in 2000
US average: $265,253
2000 – 2024
Median gross rent
$1,025
+35%inflation adjusted, since 2000
from $507 in 2000
US average: $1,124
Owner-occupied
92.7%
−2.1 ptssince 2000
from 94.8% in 2000
7.3% rent
Afford Score
2.2
+14%since 2000
from 1.9 in 2000
2000 – 2024
RELATED:See current rent listings in Three Way on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic93.1%(1,280)
Black4.7%(64)
Hispanic / Latino1.7%(24)
Asian0.3%(4)
Other0%
Diversity Score15.9%(218)
2020
White, non-Hispanic75.7%(1,421)
Black18.5%(348)
Hispanic / Latino2.9%(54)
Asian0.6%(12)
Other0.7%(14)
Diversity Score46.6%(875)
Diversity Score
47
+193%since 2000
from 16 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
31.4%
−10.8 ptssince 2000
from 42.1% in 2000
US average: 32.9%
High school or higher
94.3%
+4.8 ptssince 2000
from 89.6% in 2000
US average: 88.5%
Graduate degree
14.2%
+4.0 ptssince 2000
from 10.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
22.7 min
+83%since 2000
from 12.4 min in 2000
US average: 26.9
Drive alone to work
94.1%
+6.7 ptssince 2009
from 87.4% in 2009
US average: 75.1%
No vehicle available
1.4%
Unchangedsince 2009
from 1.4% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.2%
−2.9 ptssince 2011
from 6.1% in 2011
US average: 5.4%
Labor force participation
62.6%
−8.5 ptssince 2011
from 71.1% in 2011
US average: 63.4%
Management & professional
45.3%
−22.9 ptssince 2009
from 68.3% in 2009
US average: 39.3%
Section 08

People & community

Male
46.8%
−2.9 ptssince 2009
from 49.7% in 2009
Female
53.2%
+2.9 ptssince 2009
from 50.3% in 2009
Foreign born
2.3%
+1.0 ptssince 2009
from 1.3% in 2009
US average: 13.5%
Uninsured
3.4%
−91.4 ptssince 2013
from 94.8% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare Three Way to nearby cities

THREE WAY VS
Jackson
Income$53,032−29%
Home value$217,800+33%
Population69,339+3487%
SEE FULL COMPARISON →
THREE WAY VS
Milan
Income$43,886−41%
Home value$144,100−12%
Population8,367+333%
SEE FULL COMPARISON →
THREE WAY VS
Brownsville
Income$43,494−42%
Home value$158,100−4%
Population9,301+381%
SEE FULL COMPARISON →
THREE WAY VS
Lexington
Income$49,057−35%
Home value$176,000+7%
Population8,130+321%
SEE FULL COMPARISON →
Frequently asked

How many people live in Three Way, Tennessee?

Three Way, Tennessee has about 1,877 residents according to the 2020 American Community Survey.

What is the median household income in Three Way, Tennessee?

The typical household in Three Way, Tennessee earns about $74,943 a year. Half of households make more than that, and half make less.

Is Three Way, Tennessee expensive?

In Three Way, Tennessee, the median home is worth about $164,200, and the typical rent is about $1,025 a month.

How educated are people in Three Way, Tennessee?

About 31.4% of adults age 25 and over in Three Way, Tennessee hold a bachelor's degree or higher.

What is the poverty rate in Three Way, Tennessee?

About 3.8% of people in Three Way, Tennessee live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Three Way, Tennessee (2020): demographics, income & housing data · CensusEasy