Is Three Way, TN a Good Place to Live?
Three Way is a small town of 1,755 in Tennessee, with a median household income of $84,609 and a 4.1% unemployment rate. Its cost of living index is 87 (US average = 100), which is 13% below the national average.
Strengths: Three Way stands out for an affordable cost of living, below-average home prices, a well-educated population, short average commutes.
Trade-offs: No major red flags stand out in the available data. Whether Three Way is right for you depends on your priorities — the full breakdown is below.
All Three Way city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 87.3Three Way's overall cost of living index is 87.3, where 100 represents the US national average. Living in Three Way costs roughly 13% less than the average American city.
| Metric | Three Way, TN | National Avg |
|---|---|---|
| Median Home Value | $200,400 | $244,900 |
| Median Monthly Rent | $1,588 | $1,163 |
| Homeownership Rate | 92.9% | 65.9% |
| Median Household Income | $84,609 | $74,755 |
Crime & Safety
Higher than AverageThree Way's violent crime rate is 745.0 per 100,000 residents — 96% higher than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
| Metric | Three Way, TN | National Avg |
|---|---|---|
| School District | N/A | — |
| Elementary Schools | N/A | — |
| Middle Schools | N/A | — |
| High Schools | N/A | — |
| Student/Teacher Ratio | N/A | 16:1 |
| Bachelor's Degree or Higher | 37.1% | 35.4% |
| High School Diploma or Higher | 94.0% | 91.1% |
Weather & Climate
Three Way sees average highs of 47.5°F in January and 90.4°F in July, with 55.2 inches of annual precipitation and 4.4 inches of snow per year.
| Metric | Three Way, TN |
|---|---|
| Average High — January | 47.5°F |
| Average High — July | 90.4°F |
| Annual Precipitation | 55.2" |
| Annual Snowfall | 4.4" |
Demographics
| Metric | Three Way, TN | National Avg |
|---|---|---|
| Population | 1,755 | — |
| Median Age | 54.8 | 38.9 |
| Unemployment Rate | 4.1% | 3.7% |
| Avg Commute Time | 22.1 min | 26 min |
| White (non-Hispanic) | 74.9% | 59.3% |
| Black or African American | 18.0% | 13.6% |
| Hispanic or Latino | 4.5% | 18.9% |
| Asian | 0.9% | 6.3% |
| Under 18 | 14.4% | 22.2% |
| 65 and over | 28.4% | 16.8% |