- Median income:
$40,026 - Poverty rate:
16.1 percent (11th highest) - Without health insurance:
14.7 percent (20th highest) - Unemployment rate:
9.8 percent (11th highest)
Tennessee has the third-lowest median income in the United states, as well as some of the worst poverty and unemployment rates in the country. While speaking at the Kingsport Center for Higher Education, Governor Bill Haslan announced that the centerpiece of his job creation initiative was “setting the right environment.” “It has to have a low-tax and low-regulatory environment,” he continued. “We need to have elected officials who understand business.”
(AP Photo/Dave Martin) More From 24/7 Wall St.: 12 Major League Sports Teams Running Out of Fans What a Double-Dip Recession Would Look Like Where Minorities Are Now in the Majority The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.