Iron City, TN
Population 226 · Tennessee
About Iron City, TN
Iron City is a small community located in Tennessee with a population of 226 residents according to the latest US Census Bureau American Community Survey data. The median household income is $17,500 per year, which is 77% below the national median of $75,149. The median age of 33.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Iron City features a median home value of $54,700, which is 78% below the national median of $244,900. This makes Iron City one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 88 total housing units, 100% are owner-occupied (70 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Iron City shows an unemployment rate of 21.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 53.3%, above the national average of 12.4%. Workers in Iron City have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Iron City 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 0.0% White, 25.2% Hispanic or Latino, 0.0% Black or African American, and 1.8% Asian residents, with 0.0% of the population being foreign-born.
How Iron City Ranks in Tennessee
Cost of Living in Iron City, TN
Compared to national averages, Iron City has a median household income of $17,500 (77% below the national median of $75,149). Home values average $54,700, which is 78% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Tennessee, Iron City's income is 72% below the state average of $62,849, and home values are 74% below the state median of $214,371.
Why Live in Iron City, TN?
Iron City offers affordable housing with a median home value of $54,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($17,500) that falls below the national average. However, Iron City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Iron City has a population of 226 with a median age of 33.4 years. Compare Iron City with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Iron City
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Morris Chapel | 235 | $28,688 | $0 | Compare |
| Oak Grove CDP (Sumner County), Tennessee | 216 | $100,313 | $300,000 | Compare |
| Randolph | 216 | $63,542 | $208,300 | Compare |
| New Deal | 214 | $57,250 | $242,500 | Compare |
| Westpoint | 240 | $41,250 | $143,400 | Compare |
| Graball | 242 | $86,379 | $394,400 | Compare |
| Ocoee | 210 | $174,773 | $0 | Compare |
| Briceville | 209 | $0 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Iron City With Other Cities
Frequently Asked Questions about Iron City
What is the population of Iron City, TN?
The population of Iron City, TN is 226 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 Iron City?
The median household income in Iron City, TN is $17,500 per year, which is 77% below the national median of $75,149.
What is the median home value in Iron City?
The median home value in Iron City, TN is $54,700, which is 78% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Iron City?
The median monthly rent in Iron City, TN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Iron City?
The unemployment rate in Iron City, TN is 21.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Iron City, TN a good place to live?
Iron City offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 226 and a median age of 33.4, the city appeals to young professionals and families.
How educated is Iron City, TN?
0.0% of residents in Iron City 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 Iron City?
Key cost-of-living indicators for Iron City, TN: median home value is $54,700 (78% below national), median rent is $0/month, and median household income is $17,500. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Iron City?
The poverty rate in Iron City, TN is 53.3%, 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 Iron City, TN?
Iron City's population is 0.0% White, 25.2% Hispanic or Latino, 0.0% Black or African American, 1.8% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.