Parsons, TN
Population 2,578 · Tennessee
About Parsons, TN
Parsons is a small community in Tennessee with a population of 2,578 residents. The median household income is $32,129 per year, which is below the national average. The median age in Parsons is 44.3 years.
Housing in Parsons has a median home value of $107,400 and median monthly rent of $731. Of the 1,301 total housing units, the majority are owner-occupied, with 572 owner-occupied and 459 renter-occupied units.
The unemployment rate in Parsons is 10.0% and the poverty rate is 27.6%. 6.6% of residents hold a bachelor's degree or higher. The average commute time is 23.1 minutes.
Cost of Living in Parsons, TN
Compared to national averages, Parsons has a median household income of $32,129 (57% below the national median of $75,149). Home values average $107,400, which is 56% below the national median. Monthly rent at $731 is 37% below the US average of $1,163. Within Tennessee, Parsons's income is 49% below the state average of $62,849, and home values are 50% below the state median of $214,371.
Why Live in Parsons, TN?
Parsons offers affordable housing with a median home value of $107,400, below the US average of $244,900, and rent that’s lower than the national average at $731/month, and short commute times averaging just 23.1 minutes.
Potential considerations include median household income ($32,129) that falls below the national average. However, Parsons’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Parsons has a population of 2,578 with a median age of 44.3 years. Compare Parsons with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Parsons
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Alamo | 2,565 | $52,768 | $117,000 | Compare |
| White Pine | 2,557 | $55,000 | $196,600 | Compare |
| Adamsville | 2,621 | $50,833 | $188,000 | Compare |
| Hopewell | 2,624 | $85,461 | $227,700 | Compare |
| Bells | 2,531 | $54,132 | $164,000 | Compare |
| Strawberry Plains | 2,531 | $77,855 | $180,000 | Compare |
| Clifton | 2,632 | $44,286 | $126,900 | Compare |
| Pikeville | 2,653 | $32,917 | $155,500 | 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.
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Frequently Asked Questions about Parsons
What is the population of Parsons, TN?
The population of Parsons, TN is 2,578 according to the latest Census data.
What is the median household income in Parsons?
The median household income in Parsons, TN is $32,129 per year.
What is the median home value in Parsons?
The median home value in Parsons, TN is $107,400.
What is the average rent in Parsons?
The median monthly rent in Parsons, TN is $731.
What is the unemployment rate in Parsons?
The unemployment rate in Parsons, TN is 10.0%.