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10 Wealthiest Neighborhoods in Tennessee

By Amanda Weiss

For some people, the southern United States has, and always will be, home. If you are not from that region, you may have a preconceived notion of what the South is like. But luckily, there is some variety, including of lifestyle and wealth. So, regardless of where you’re from, you can find somewhere that makes you comfortable. Tennessee is one such state with plenty of cities and towns that have many resources and benefits. Even if you have never considered moving there, you may think again. To help you decide if you’re interested, here are the 10 wealthiest neighborhoods in Tennessee, based on per capita income data from the U.S. Census Bureau.

1) Belle Meade

Belle Meade, the neighborhood with the highest per capita income in Tennessee, is a Nashville suburb. There are over 2,800 residents of whom the median age is 46, according to Livability. The per capita income here is $104,016, so residents can afford a comfortable life. Because the neighborhood residents are wealthy, Belle Meade tends to be thought of as an exclusive place to live. If you do choose to settle here though, you can be sure of your safety. The police are known for enforcing laws well, and Niche ranks this town as the safest place in Tennessee. Home values and taxes are quite high, but buildings remain traditional and appealing. Additionally, Belle Meade allows for easy transport into the city and nearby parks. So, regardless of whether you have a preconceived notion of Belle Meade, you may want to see if it is a good fit for you.

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2) Forest Hills

If you want to be among professionals and artists, Forest Hills sounds like the place for you. This small city is one of the most expensive places in Tennessee and is home to mostly white-collar folks. In fact, the per capita income here is $68,228, and property values are also high. The population is just under 5,000 residents who have a median age of 48, according to Livability. In addition to being a pretty high-brow place, AreaVibes ranks Forest Hills in the 85th percentile for livability. This city is also a very good place for families who are raising children. There are good schools here and many well-educated residents. Additionally, Forest Hills is a safe place to live. AreaVibes reports this town as having a crime rate 74% lower than the state in general.

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3) Lookout Mountain

Great natural features can make for an especially pleasant place to live, a fact that Lookout Mountain knows well. This is a small town of under 2,000 people, almost ¾ of whom are over 18, according to Livability. Though this area isn’t very large, your income here can be. The per capita income is $60,938. You can spend that money buying a beautiful house and shopping in the nearby retail stores. Additionally, nature lovers will have a great time here. Many mountaintop houses have great views and the town is home to cave waterfalls. Furthermore, there is always plenty to do in Lookout Mountain. The town has many recreational activities. For instance, there are dances and festivals. There are also organizations for fitness and outdoor activities, such as golf and climbing.

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4) Oak Hill

Oak Hill is a great neighborhood to check out if you want easy access to Nashville without being in the middle of the city. The atmosphere in this community is like that of a small town. This is in part due to the relatively low population of around 4,700, according to City-Data. But just because it isn’t the most highly populated doesn’t mean it doesn’t have a lot to offer. AreaVibes ranks Oak Hill in the 88th percentile in terms of livability. This is based on qualities such as a low crime rate, good education, and a good housing market. This town’s crime rate is 74% lower than the state overall. Additionally, the high school graduation rate is significantly above Tennessee’s general rate. The high home values and cost of living are offset by the relatively high per capita income of $58,932.

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5) Brentwood

Suburbs tend to be favored because of their proximity to cities, and Brentwood is a popular suburb of Nashville. This town’s population, already over 41,000 according to Sperling, has been growing. Brentwood is a mere 15 minutes from downtown Nashville, so commuting in for work is pretty easy. And considering the per capita income in Brentwood is a reliable $58,745, your job will definitely be worth it. Sperling reports the median home price here as $588,200, which is a good value that’s still affordable. The schools in Brentwood are great, with the public high school ranking 5th in Tennessee, according to Money. And when you aren’t at work or school, there are plenty of activities and sports opportunities to engage in. In fact, there are even 13 parks right in town with walking trails and open land.

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 6) Germantown

If the Memphis suburbs are more your style, you might be interested in Germantown. The population of over 39,000 residents has a median age of 45, according to Livability. In fact, three-quarters of those residents are over the age of 18. This town is known for its abundance of tree-filled parks, of which there are more than 2 dozen. And while money may not grow on trees, the per capita income is also quite sizable, at $44,021. With that in mind, the median home price of $288,100, according to Sperling, is within budget. AreaVibes ranks Germantown in the 96th percentile for livability based on qualities such as crime rates, education, and employment. There is also plenty to do here. In the city center, there are annual events including the Germantown Festival.

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 7) Farragut

Farragut is a perfect suburb for people who want to be able to easily get into Knoxville for all its resources and activities. The town is home to just under 22,000 residents with a median age of 43.4, according to Sperling. But folks are not just clustered around middle age—essentially every age group is well-represented. The University of Tennessee draws many people to the area, and Farragut has many of its own advantages as well. Part of the town is on a lake, so there are a number of parks that are popular for water sports. Farragut is also known for its breadth of retail locations. Whether you are looking for everyday goods or specialty products, there is a shop for you. And since the per capita income is a comfortable $43,673, you will have some extra money to splurge with

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8) La Grange

If you enjoy big city living, La Grange is not for you. But if living in a wealthy town with very few residents is more your speed, you should listen up. La Grange has a population of less than 140 people with a median age of 53.8, according to Sperling. The per capita income in this town is $38,626. The people here earn that in various job fields. In fact, almost 17% of residents have jobs they work from home for, according to Livability. There are several benefits of living in La Grange. For one, the crime rate is quite low; AreaVibes reports it to be 60% lower than Tennessee’s overall rate. Additionally, that same source reports that education here is good, such that this town has a higher graduation rate than the overall state rate.

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