Gadsden, TN
Population 367 · Tennessee
About Gadsden, TN
Gadsden is a small community located in Tennessee with a population of 367 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,250 per year, which is 28% below the national median of $75,149. The median age of 46.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Gadsden features a median home value of $117,900, which is 52% below the national median of $244,900. This makes Gadsden one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $769, 34% below the national average of $1,163/month. Of the 226 total housing units, 63% are owner-occupied (120 units) and 38% are renter-occupied (72 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Gadsden shows an unemployment rate of 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 19.5%, above the national average of 12.4%. Workers in Gadsden have an average one-way commute time of 32.1 minutes.
Education & Demographics
7.8% of Gadsden residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.4% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.6% of the population being foreign-born.
Cost of Living in Gadsden, TN
Compared to national averages, Gadsden has a median household income of $54,250 (28% below the national median of $75,149). Home values average $117,900, which is 52% below the national median. Monthly rent at $769 is 34% below the US average of $1,163. Within Tennessee, Gadsden's income is 14% below the state average of $62,849, and home values are 45% below the state median of $214,371.
Why Live in Gadsden, TN?
Gadsden offers affordable housing with a median home value of $117,900, below the US average of $244,900, and rent that’s lower than the national average at $769/month, and a strong job market with an unemployment rate of just 3.5%.
Potential considerations include median household income ($54,250) that falls below the national average. However, Gadsden’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Gadsden has a population of 367 with a median age of 46.8 years. Compare Gadsden with other cities to see how it stacks up, or explore all cities in Tennessee.
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Demographics
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Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Gadsden
What is the population of Gadsden, TN?
The population of Gadsden, TN is 367 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Tennessee.
What is the median household income in Gadsden?
The median household income in Gadsden, TN is $54,250 per year, which is 28% below the national median of $75,149.
What is the median home value in Gadsden?
The median home value in Gadsden, TN is $117,900, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Gadsden?
The median monthly rent in Gadsden, TN is $769, which is 34% below the national average of $1,163/month.
What is the unemployment rate in Gadsden?
The unemployment rate in Gadsden, TN is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Gadsden, TN a good place to live?
Gadsden offers a moderate cost of living, affordable housing, and a strong job market. With a population of 367 and a median age of 46.8, the city appeals to established professionals and retirees.
How educated is Gadsden, TN?
7.8% of residents in Gadsden aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Gadsden?
Key cost-of-living indicators for Gadsden, TN: median home value is $117,900 (52% below national), median rent is $769/month, and median household income is $54,250. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Gadsden?
The poverty rate in Gadsden, TN is 19.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Gadsden, TN?
Gadsden's population is 1.4% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 18.3% two or more races. 1.6% of residents are foreign-born.