Mcminnville is a city in Tennessee state in USA with a population of 13707 residents.. The poverty rate of Mcminnville is 30.7%, which is 119% higher than national average. The typical household in Mcminnville earns $36337 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 68% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Mcminnville, only 78% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Mcminnville remained 4.8%, which is 2% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Mcminnville, only 16% of adults have a bachelor's degree and 22% have some college but no degree.

Cost of living in Mcminnville is 80, which is 20% lower than national average. Median home value in Mcminnville is $105900 , which is 54% lower than national average. While median income in Mcminnville remained $36337, which is 46% lower than national average.