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Michie, Tennessee

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
558
Population
$60,714
Median Income
$166,500
Home Value
54.5
Median Age

Demographics

Michie has a population of 558 with a median age of 54.5. Here is the racial and ethnic breakdown of the population:

White
95.9%
Hispanic
6.5%
Demographic Value
Total Population558
Median Age54.5
White95.9%
Hispanic or Latino6.5%
Michie, Tennessee — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 102.White: 93.7%Hispanic/Latino: 6.3%558PopulationWhiteWhite93.7%Hispanic/LatinoHispanic/Latino6.3%

Income & Economy

The median household income in Michie is $60,714, which is 24.7% below the national median of $80,610. The per capita income is $43,886. The poverty rate is 15.9%.

$60,714
Median Household Income
$43,886
Per Capita Income
15.9%
Poverty Rate

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Education

In Michie, 89.2% of residents age 25+ have a high school diploma or higher, and 13.2% hold a bachelor's degree or higher (4.8% with a graduate or professional degree).

HS Diploma+
89.2%
Bachelor's+
13.2%
Graduate+
4.8%
Education Level % of Adults (25+)
High School Diploma or Higher89.2%
Bachelor's Degree or Higher13.2%
Graduate or Professional Degree4.8%

Housing

The median home value in Michie is $166,500, below the national median of $303,400. The median monthly rent is $596. The homeownership rate is 86.3%.

$166,500
Median Home Value
$596/mo
Median Rent
86.3%
Homeownership Rate
Housing Metric Value
Median Home Value$166,500
Median Monthly Rent$596
Homeownership Rate86.3%
Vacancy Rate11.7%

Salaries in Tennessee

Explore salary data for popular occupations in Tennessee:

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Other Cities in Tennessee

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Frequently Asked Questions

What is the population of Michie, Tennessee?
The population of Michie, Tennessee is 558 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Michie, Tennessee?
The median household income in Michie, Tennessee is $60,714. This is 24.7% below the national median of $80,610.
What is the median home value in Michie, Tennessee?
The median home value in Michie, Tennessee is $166,500. The median monthly rent is $596.
What percentage of people in Michie have a college degree?
In Michie, Tennessee, 13.2% of adults age 25 and older hold a bachelor's degree or higher, and 89.2% have a high school diploma or higher.
Is Michie, Tennessee an affordable place to live?
The home price-to-income ratio in Michie, Tennessee is 2.7x (median home value $166,500 vs. median income $60,714), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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