The following statistics provide a quick overview of the Population & Steets in Coamont City, TN. The median annual household income is $41,944, which is less than the national average of $65,712 for a similar household size. The poverty rate is 11.5% and 22.3% of the residents of Coalmont live in poverty. The area's labor force is almost half as large as the national average, with 51.4% of residents employed in the local economy. Approximately 12.3% of Coalmont residents are employed by the local, state, and federal governments. In Coalmont, the median household income is $41,944 per person.
In terms of racial or ethnic groups living in poverty in Coalmont, TN, the most common racial or ethnic group is White. Two or more people are considered American Indian, while 0.2% are Native Hawaiian. The remaining 17.8% are Hispanic and 2.6% are uncategorized. Census respondents report their ancestry, with Irish, German, and Dutch being the most common ancestry groups in Coalmont.
The median property value in Coalmont, TN is $87,800, which is 0.365 times the national average. The homeownership rate is 72.7%, higher than the national average. People in Coalmont drive to work alone on average. The median car ownership in Coalmont, TN is five cars per household. A high percentage of residents own their own homes. The median household income is $41,944.