Powell, TN
Population 13,544 · Tennessee
About Powell, TN
Powell is a mid-sized city located in Tennessee with a population of 13,544 residents according to the latest US Census Bureau American Community Survey data. The median household income is $85,281 per year, which is 13% above the national median of $75,149. The median age of 37.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Powell features a median home value of $264,500, which is 8% above the national median of $244,900. This positions Powell in a moderately priced market relative to the rest of the country. Median monthly rent is $1,153, 1% below the national average of $1,163/month. Of the 5,362 total housing units, 77% are owner-occupied (3,849 units) and 23% are renter-occupied (1,159 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Powell shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 6.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Powell have an average one-way commute time of 24 minutes.
Education & Demographics
30.7% of Powell 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 2.6% White, 0.4% Hispanic or Latino, 0.9% Black or African American, and 2.4% Asian residents, with 2.9% of the population being foreign-born.
How Powell Ranks in Tennessee
Cost of Living in Powell, TN
Compared to national averages, Powell has a median household income of $85,281 (13% above the national median of $75,149). Home values average $264,500, which is 8% above the national median. Monthly rent at $1,153 is 1% below the US average of $1,163. Within Tennessee, Powell's income is 36% above the state average of $62,849, and home values are 23% above the state median of $214,371.
Why Live in Powell, TN?
Powell offers a strong local economy with a median household income of $85,281, well above the national average, and rent that’s lower than the national average at $1,153/month, and a low poverty rate of 6.6%, better than the national average. Additionally, the city features short commute times averaging just 24 minutes.
Powell has a population of 13,544 with a median age of 37.6 years. Compare Powell with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Powell
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Portland | 13,325 | $72,380 | $256,400 | Compare |
| McMinnville | 13,765 | $43,348 | $147,200 | Compare |
| White House | 13,875 | $87,315 | $311,200 | Compare |
| Soddy-Daisy | 13,117 | $67,824 | $241,400 | Compare |
| Lakeland | 14,068 | $113,843 | $373,800 | Compare |
| Athens | 14,250 | $53,151 | $197,300 | Compare |
| Elizabethton | 14,364 | $44,834 | $159,700 | Compare |
| Manchester | 12,651 | $55,019 | $215,700 | 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 Powell With Other Cities
Frequently Asked Questions about Powell
What is the population of Powell, TN?
The population of Powell, TN is 13,544 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Tennessee.
What is the median household income in Powell?
The median household income in Powell, TN is $85,281 per year, which is 13% above the national median of $75,149.
What is the median home value in Powell?
The median home value in Powell, TN is $264,500, which is 8% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Powell?
The median monthly rent in Powell, TN is $1,153, which is 1% below the national average of $1,163/month.
What is the unemployment rate in Powell?
The unemployment rate in Powell, TN is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Powell, TN a good place to live?
Powell offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 13,544 and a median age of 37.6, the city appeals to a broad range of residents.
How educated is Powell, TN?
30.7% of residents in Powell 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 Powell?
Key cost-of-living indicators for Powell, TN: median home value is $264,500 (8% above national), median rent is $1,153/month, and median household income is $85,281. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Powell?
The poverty rate in Powell, TN is 6.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Powell, TN?
Powell's population is 2.6% White, 0.4% Hispanic or Latino, 0.9% Black or African American, 2.4% Asian, and 3.4% two or more races. 2.9% of residents are foreign-born.