City profile · Tennessee · Census ACS 2023

Three Way, TN

Population, income, housing, safety, climate and schools for Three Way - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

1,965
Residents
$91,845
Median income
$231,200
Median home
$1,260
Median rent (state)

Three Way - the verdict

Three Way ranks in the 72nd percentile for household income nationally, out of every US city with at least 1,000 residents. Source: Census ACS.

72nd
percentile, household income
51st
percentile, home value
41st
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Three Way, TN

Census ACS 2023 estimates count 1,965 residents in Three Way, a small town within Tennessee. Three Way households earn a median of $91,845 annually, above the median for U.S. cities on this measure, with a poverty rate of 4.6%. Three Way's housing stock carries a median value of $231,200, and the median resident age is 54.3 years. About 39.4% of adults hold a bachelor's degree or higher, while 57.4% of working-age residents are in the labor force.

Living costs in Tennessee run below the national norm: on BEA's 100-equals-national-average cost index, Tennessee scores 91.9 (Well Below Average), per the 2024 Regional Price Parities release. HUD Fair Market Rent for a typical two-bedroom in this state is $1,260 per month. Statewide, average monthly utility bills in Tennessee run around $218, per EIA 2023 residential energy data. Commute times here average 23.2 minutes, with 90.4% driving alone and 6.4% working from home, per Census ACS commuting data. On FEMA's National Risk Index, this area rates 92.1 out of 100 for natural-hazard exposure (Very High).

Population

1,965 residents

Census ACS 2023 - Tennessee

Median Household Income

$91,845 /yr

Poverty 4.6%

Cost of Living Index (state)

91.9 (US=100)

Well Below Average - BEA RPP 2024, Tennessee average

How does Three Way compare to other US cities?

Three Way measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.

Household income 72% higher than other cities
Home value 51% pricier than other cities
Median rent 41% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Three Way against every qualifying US city; each in-state rank narrows that to Tennessee only. Full formula and direction notes: methodology.

Tennessee-relative analysis

Bachelor's Degree or Higher is Three Way's strongest outlier among Tennessee cities

Among the 482 Tennessee cities PlainCities tracks with reported bachelor's degree or higher data, Three Way ranks #49 - the 90th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Three Way only against its own state's cities, not the full US field.

Median Household Income
#52 of 458
89th percentile in Tennessee
Median Gross Rent
#157 of 482
65th percentile in Tennessee
Median Home Value
#140 of 455
69th percentile in Tennessee
Poverty Rate
#354 of 482
27th percentile in Tennessee
Bachelor's Degree or Higher
#49 of 482
90th percentile in Tennessee

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Tennessee only, not a livability score. See the methodology for the source and calculation.

72ndIncome percentile

72nd percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Three Way's home value compares nationally

Median home value vs. every US city (population 1,000+)

$231,200 49th percentile more affordable than 49% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). This entry sits in this band. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Three Way $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Three Way, TN Three Way, TN's reported median household income shown against the U.S. national quintile-share pattern (not Three Way, TN-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Three Way, TN median $91,845/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Three Way, TN's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Three Way, TN. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 39.4%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 4.6%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 57.4%

Census ACS S2301, share of working-age residents in the labor force

Population
1,965
Median Income
$91,845
Median Home Value
$231,200
Median Age
54.3
Poverty Rate
4.6%
Labor force participation
57.4%
Bachelor's Degree+
39.4%

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
1,880 residents1,900 residents1,920 residents1,940 residents 202020212022202320242025 1,886 residents 1,933 residents ▲ +2.5%
Three Way's Census PEP population estimates, 2020–2025.

Commute Patterns

How workers travel to work, Census ACS 2023

Average Commute Time
23.2 minutes
Drive Alone
90.4%
Carpool
3.2%
Public Transit
0.0%
Walk
0.0%
Work from Home
6.4%

Based on 960 workers 16 and over.

Monthly Utility Costs

State-average estimates for Tennessee - EIA 2023 residential energy data

Electricity
$120
avg/month
Natural Gas
$58
avg/month
Water & Sewer
$40
avg/month
Total Utilities
$218
estimated/month

Estimates reflect Tennessee state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Tennessee state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Three Way sits in

Cost of Living Index
91.9
Well Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,260/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
92.1 / 100
Very High
FEMA NRI composite score (county)

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Three Way's 1,965 residents (Census ACS 5-Year 2023).

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Three Way's $91,845 (Census ACS 5-Year 2023, table B19013).

Race & Ethnicity Composition

Race and ethnicity - Three Way, TN Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Three Way, TN - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 67.2% 23.1% ETHNICITY, Hispanic or Latino (any race) 5.7% White 67.2% Black or African American 23.1% Asian 0.7% American Indian 0.0% Native Hawaiian 0.0% Some other race 5.7% Two or more races 3.3% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Three Way compares to nearby Tennessee cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Three Way (this city) 1,965 $91,845
Berry Hill 1,944 $76,709
Central 1,944 $42,292
Hunter 1,997 $51,763
Census ACS 5-year FIPS TN OMB Bulletin 23-01

What do people ask about Three Way, TN?

What is the population of Three Way, TN? +

Three Way, TN has a population of 1,965 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Three Way, TN? +

Three Way households earn a median of $91,845 annually, based on Census ACS 2023 data.

What is the cost of living in Three Way? +

BEA does not publish a city-level cost-of-living figure for Three Way; the closest available measure is the Tennessee state average, a cost of living index of 91.9 (U.S. average = 100), rated "Well Below Average" based on BEA Regional Price Parities 2024 data. Costs within Tennessee vary by metro area.

What is the median home value in Three Way, TN? +

A typical home in Three Way is worth $231,200, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.