Is Collierville, Tennessee a Good Place To Live? - Living In Collierville, TN

Is Collierville, Tennessee a good place to live?
Collierville is a city in Tennessee state in USA with a population of 50596 residents.. The poverty rate of Collierville is 2.9%, which is 79% lower than national average. The typical household in Collierville earns $117327 a year, compared to the national median of $67,500. Nearly 15.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Collierville, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Collierville remained 2.8%, which is 40% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Collierville, only 58% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Collierville is 107, which is 7% higher than national average. Median home value in Collierville is $332900 , which is 45% higher than national average. While median income in Collierville remained $117327, which is 74% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
50596
Unemployment
2.8%
40% NAT AVG.
Poverty
2.9%
79% NAT AVG.
Overall Score
9
Median Home Cost
$332900
45% NAT AVG.
Median Income
$117327
74% NAT AVG.
Median Rent
$1354
17% NAT AVG.
Cost Of Living
107
7% NAT AVG.
People Living BPL
1 in 34
Unemployed People
1 in 36
People Earning < $10,000
1 in 40
People Earning < $50,000
15.4%
People with <= High School
1 in 5.9
People With Any Degree
1 in 1.5
Pros & Cons Overview

Jobs90%

Housing90%

Affordability85%

Safety80%

Amenities85%

Diversity80%

Education90%

Commute60%