What is the median household income in Valley Forge, TN?
The median household income in Valley Forge, TN is $54,631 (±$7,080) a year (2020–2024 American Community Survey).
Paying the median gross rent of $699 a month would take about $28,000 a year at the common guideline of spending no more than 30% of income on rent.
Figures last updated on .
- Median household income
- $54,631 (±$7,080)
- Median renter income
- $22,330 (±$6,001)
- Income to afford median rent
- about $28,000
Income in Valley Forge against Carter County, its state and the nation
| Valley Forge | Carter County | Tennessee | United States | |
|---|---|---|---|---|
| Median household income | $54,631 (±$7,080) | $50,135 (±$3,158) | $69,595 (±$429) | $80,734 |
| Median renter household income | $22,330 (±$6,001) | $35,117 (±$3,388) | $46,745 (±$535) | $52,966 |
| Median owner household income | $56,827 (±$7,375) | $57,507 (±$3,106) | $85,153 (±$545) | $100,009 |
| Median gross rent | $699 (±$136) | $739 (±$29) | $1,189 (±$7) | $1,413 |
In Valley Forge, median household income is not measurably different from Carter County ($50,135).
It is also lower than in Tennessee ($69,595).
It is lower than the national figure ($80,734).
In Carter County, Valley Forge ranks 2 of 8 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 216 of 401.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Valley Forge
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $699 a month ($8,388 a year) needs an income of about $28,000 a year.
The median renting household in Valley Forge earns $22,330 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Median household income in places near Valley Forge
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Valley Forge | — | $54,631 (±$7,080) | — |
| Hampton | 2.2 mi | $39,028 (±$12,139) | Lower |
| Elizabethton | 3.4 mi | $46,975 (±$5,938) | Not measurably different |
| Biltmore | 4.7 mi | $52,917 (±$7,486) | Not measurably different |
| Central | 6.0 mi | $37,444 (±$24,441) | Not measurably different |
| Pine Crest | 6.4 mi | $53,537 (±$7,605) | Not measurably different |
| Watauga | 7.0 mi | $62,917 (±$40,026) | Not measurably different |
| Hunter | 7.2 mi | $51,815 (±$18,883) | Not measurably different |
| Unicoi | 9.4 mi | $42,424 (±$15,237) | Not measurably different |
Nearby places with a measurably lower figure: Hampton, TN ($39,028).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Carter County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Watauga | $62,917 (±$40,026) |
| 2 | Valley Forge | $54,631 (±$7,080) |
| 3 | Pine Crest | $53,537 (±$7,605) |
| 4 | Biltmore | $52,917 (±$7,486) |
| 5 | Hunter | $51,815 (±$18,883) |
| 6 | Elizabethton | $46,975 (±$5,938) |
| 7 | Hampton | $39,028 (±$12,139) |
| 8 | Central | $37,444 (±$24,441) |
Valley Forge is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Valley Forge
What is the median household income in Valley Forge?
The median household income in Valley Forge is $54,631 (±$7,080) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Valley Forge?
About $28,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $699 a month.
What do renters earn in Valley Forge?
The median renting household in Valley Forge, TN earns $22,330 (±$6,001) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Valley Forge CDP, Tennessee
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Valley Forge CDP, Tennessee
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Valley Forge CDP, Tennessee
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Valley Forge CDP, Tennessee
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Valley Forge CDP, Tennessee
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Valley Forge CDP, Tennessee
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Valley Forge CDP, Tennessee (place:76660, in state:47).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Valley Forge at a glance
- Median rent in Valley Forge
- Home values in Valley Forge
- Homeowner costs in Valley Forge
- Property taxes in Valley Forge
- Types of homes in Valley Forge
- Bedrooms in Valley Forge
- Age of homes in Valley Forge
- Heating fuel in Valley Forge
- Commute and cars in Valley Forge
- How long people stay in Valley Forge
- Tennessee landlord and tenant rules
- Housing across Carter County
- Tennessee places ranked by median household income
- Housing data for every place in Tennessee