Three Way city, Tennessee Demographics & Population 2026

Population Overview

Three Way city is a small community located in Tennessee. The total population is 1,965. It ranks as the 216th most populous out of 504 cities and towns in Tennessee.

Age Demographics

The median age in Three Way city is 54.3 years. This is 40% higher than the state median of 38.9 years. 12.0% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Three Way city is $91,845. This is 37% higher than the state median of $67,097. Compared to the national median of $78,538, household income here is 17% higher. The poverty rate stands at 5.8%. This is 58% lower than the state poverty rate of 13.8%. The unemployment rate is 5.7%. This is 20% higher than the state rate of 4.7%. The median home value is $231,200. Housing costs are 10% lower than the state median of $256,800. With a home-value-to-income ratio of just 2.5x, Three Way city is one of the most affordable housing markets in the area. 92.9% of occupied housing units are owner-occupied. This homeownership rate is 39% higher than the state average of 67.0%.

Race & Ethnicity

The largest racial or ethnic group in Three Way city is White (non-Hispanic), making up 67.2% of the population. Black or African American residents account for 23.1%. The Asian population (0.7%) is well below the state average of 1.8%.

Education

39.4% of residents aged 25 and older hold a bachelor's degree or higher. This places Three Way city in the top 10% of all cities in the state for educational attainment. This is 30% higher than the state rate of 30.4%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.0%. Notably, 18.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Three Way city, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 504 Census-designated places in Tennessee. For official data, visit data.census.gov.