Iron City, TN

Census Place

2024 Population

282

US Senator

Marsha Blackburn

Republican Party

US Senator

Bill Hagerty

Republican Party

2024 Median Age

33.2

0.599% 1-year decrease

2024 Poverty Rate

47.3%

11.3% 1-year decrease

2023 Median Household Income

$17,500

2024 Median Property Value

Economy

The economy of Iron City, TN employs 92 people. In 2024, the largest industries in Iron City, TN were Construction (37 people), Manufacturing (33 people), and Retail Trade (16 people), and the highest paying industries were Construction ($40,774).

Employment

Occupations

2024 Value

± 105

37.3%

1 Year growth

± 134%

From 2023 to 2024, employment in Iron City, TN grew at a rate of 37.3%, from 67 employees to 92 employees.

The most common job groups, by number of people living in Iron City, TN, are Construction & Extraction Occupations (33 people), Architecture & Engineering Occupations (17 people), and Material Moving Occupations (16 people). This chart illustrates the share breakdown of the primary jobs held by residents of Iron City, TN.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Tennessee.

This chart shows weekly unemployment insurance claims in Tennessee (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

2024 Value

± 105

37.3%

1 Year growth

± 134%

From 2023 to 2024, employment in Iron City, TN grew at a rate of 37.3%, from 67 employees to 92 employees.

The most common employment sectors for those who live in Iron City, TN, are Construction (37 people), Manufacturing (33 people), and Retail Trade (16 people). This chart shows the share breakdown of the primary industries for residents of Iron City, TN, though some of these residents may live in Iron City, TN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$41,786

Median earning men ± $4,649

$11,250

Median earning women ± $29,775

The industries with the best median earnings for men in 2024 are Construction ($40,774).

The industries with the best median earnings for women in 2024 are .

Housing & Living

The median property value in Iron City, TN was $41,000 in 2024, which is 0.123 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $54,700 to $41,000, a 25% decrease. The homeownership rate in Iron City, TN is 80.9%, which is higher than the national average of 65.2%.

Housing

Property

$41,000

Median Property Value 2024

±$34,548

$89

Median Property Taxes

±$59

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Iron City, TN the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Iron City, TN compared to it's parent and neighbor geographies.

Rent vs Own

80.9%

Homeownership

2024

54.1%

Homeowners with Mortgage

2024

In 2024, 80.9% of the housing units in Iron City, TN were occupied by their owner. This percentage declined from the previous year's rate of 100%.

This chart shows the percentage of owner in Iron City, TN compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$17,500

Median Household Income

± $13,793

110

Number of Households

± 65

The following chart displays the households in Iron City, TN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $10k - $15k range.

Wage Distribution

The closest comparable wage GINI for Iron City, TN is from Tennessee.

0.457

2024 Wage GINI in Tennessee

0.459

2023 Wage GINI in Tennessee

In 2024, the income inequality in Tennessee was 0.457 according to the GINI calculation of the wage distribution. Income inequality had a 0.505% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Tennessee was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Tennessee in comparison to the national average.

This chart shows the number of workers in Tennessee across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (47.8%)
Worked At Home (39.1%)
Carpooled (13%)

In 2024, 47.8% of workers in Iron City, TN drove alone to work, followed by those who worked at home (39.1%) and those who carpooled to work (13%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Car Ownership

2 cars

Average Number

The following chart displays the households in Iron City, TN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Iron City, TN have 2 cars.

Poverty

Poverty & Diversity

47.3% of the population for whom poverty status is determined in Iron City, TN (114 out of 241 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 16 - 17, followed by Females 55 - 64 and then Females 25 - 34.

The most common racial or ethnic group living below the poverty line in Iron City, TN is White, followed by Two Or More and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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