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Cost & Benefits

Cost of living in Three Way, Tennessee

Simple answer

Typical rent is $1,646 a month.

Three Way is a city in Tennessee. That rent number includes utilities. A typical household earns $88,125 a year.

Is Three Way affordable?See benefits in Three Way
People
2,008
Census average, 2020–2024
Typical rent
$1,646
Median gross rent, includes utilities
Typical pay
$88,125
Median household income, yearly
Typical home
$250,700
Median home value
2-bedroom fair rent
$1,375
Jackson, TN HUD Metro FMR Area

Three Way, Tennessee has about 2,008 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $250,700.

HUD's fair-market rent for a 2-bedroom in Madison County is $1,375 a month. That is the county number, not an apartment listing in Three Way. It runs from October 2026 through September 2027.

In the Jackson, TN metro area, prices sit at 85.5 when the U.S. average is 100. That is a 2024 BEA index.

Tennessee does not tax wages. A typical combined sales tax is 9.6% as of January 1, 2026. That mix is statewide, not Three Way's exact store tax.

In July 2026, a typical Tennessee home paid 13.71¢ per kilowatt-hour. That is a state average from EIA, not Three Way's bill.

EIA did not publish a 2025 all-grades gas price for Tennessee in the table we use.

Among 278 places we list in Tennessee with a rent figure, 24 have higher typical rent than Three Way.

Nearby places

EBT nearby

USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.

Find SNAP stores near Three WayWhat EBT can buy in Tennessee

Locator page updated 2026-09-11. Last checked 2026-10-16.

Food stamps (SNAP) tools in Tennessee

Bigger places in Tennessee

Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.