Pegram, TN
Population 2,216 · Tennessee
About Pegram, TN
Pegram is a small town located in Tennessee with a population of 2,216 residents according to the latest US Census Bureau American Community Survey data. The median household income is $102,396 per year, which is 36% above the national median of $75,149. The median age of 46.6 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 Pegram features a median home value of $337,400, which is 38% above the national median of $244,900. This positions Pegram in a moderately priced market relative to the rest of the country. Median monthly rent is $1,481, 27% above the national average of $1,163/month. Of the 943 total housing units, 93% are owner-occupied (802 units) and 7% are renter-occupied (61 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Pegram shows an unemployment rate of 3.8%, which is near the national rate of 3.7%. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Pegram have an average one-way commute time of 35.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
34.8% of Pegram residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.9% White, 0.0% Hispanic or Latino, 4.5% Black or African American, and 2.8% Asian residents, with 3.7% of the population being foreign-born.
How Pegram Ranks in Tennessee
Cost of Living in Pegram, TN
Compared to national averages, Pegram has a median household income of $102,396 (36% above the national median of $75,149). Home values average $337,400, which is 38% above the national median. Monthly rent at $1,481 is 27% above the US average of $1,163. Within Tennessee, Pegram's income is 63% above the state average of $62,849, and home values are 57% above the state median of $214,371.
Why Live in Pegram, TN?
Pegram offers a strong local economy with a median household income of $102,396, well above the national average, and a well-educated community where 34.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average.
Pegram has a population of 2,216 with a median age of 46.6 years. Compare Pegram with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Pegram
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| New Union | 2,208 | $78,343 | $295,100 | Compare |
| East Cleveland | 2,207 | $46,968 | $113,800 | Compare |
| Ridgetop | 2,198 | $68,884 | $301,300 | Compare |
| Surgoinsville | 2,246 | $47,500 | $170,000 | Compare |
| Pine Crest | 2,173 | $54,900 | $181,100 | Compare |
| Gladeville | 2,263 | $94,693 | $457,300 | Compare |
| Bluff City | 2,268 | $59,783 | $147,400 | Compare |
| Mountain City | 2,275 | $36,902 | $186,800 | 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 Pegram With Other Cities
Frequently Asked Questions about Pegram
What is the population of Pegram, TN?
The population of Pegram, TN is 2,216 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Tennessee.
What is the median household income in Pegram?
The median household income in Pegram, TN is $102,396 per year, which is 36% above the national median of $75,149.
What is the median home value in Pegram?
The median home value in Pegram, TN is $337,400, which is 38% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Pegram?
The median monthly rent in Pegram, TN is $1,481, which is 27% above the national average of $1,163/month.
What is the unemployment rate in Pegram?
The unemployment rate in Pegram, TN is 3.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Pegram, TN a good place to live?
Pegram offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,216 and a median age of 46.6, the city appeals to established professionals and retirees.
How educated is Pegram, TN?
34.8% of residents in Pegram aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Pegram?
Key cost-of-living indicators for Pegram, TN: median home value is $337,400 (38% above national), median rent is $1,481/month, and median household income is $102,396. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Pegram?
The poverty rate in Pegram, TN is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Pegram, TN?
Pegram's population is 2.9% White, 0.0% Hispanic or Latino, 4.5% Black or African American, 2.8% Asian, and 2.5% two or more races. 3.7% of residents are foreign-born.