Iron City, TN Profile: Facts & Data


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Iron City, Tennessee - Basic Facts

The City of Iron City (historical) had a population of 312 as of July 1, 2020. Iron City ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Tennessee. See peer rankings below.

The primary coordinate point for Iron City is located at latitude 35.024 and longitude -87.5814 in Lawrence County. The formal boundaries for the City of Iron City (historical) encompass a land area of 0.69 sq. miles and a water area of 0 sq. miles. Lawrence County is in the Central time zone (GMT -6). The elevation is 564 feet.

The City of Iron City (historical) (GNIS ID: 2675244) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Iron City (historical) is located within Commissioner District 6, a minor civil division (MCD) of Lawrence County.


Iron City, TN Data & Demographics (As of July 1, 2020)


Total Population 312 (100%)
Population in Households 312 (100.0%)
Population in Families 258 (82.7%)
Population in Group Quarters1 0
Population Density 452
Diversity Index2 11


Median Household Income $41,673
Average Household Income $49,408
% of Income for Mortgage4 9%
Per Capita Income $21,191
Wealth Index5 40


Total HU (Housing Units) 144 (100%)
Owner Occupied HU 99 (68.7%)
Renter Occupied HU 27 (18.7%)
Vacant Housing Units 18 (12.5%)
Median Home Value $87,879
Average Home Value $120,918
Housing Affordability Index3 307


Total Households 126
Average Household Size 2.48
Family Households 84
Average Family Size 3
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.


2010-2020 2020-2025
Population -0.03% 0.06%
Households 0.0% 0.0%
Families -0.56% -0.24%
Median Household Income   0.77%
Per Capita Income   1.16%
Owner Occupied HU   0.0%


Iron City, TN - Peer Comparisons by Rank and Percentile

The table below compares Iron City to the other 429 incorporated cities, towns and CDPs in Tennessee by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 392 9th
Population Density # 240 44th
Median Household Income # 247 43rd
Housing Affordability Index # 415 97th
Per Capita Income # 296 31st
Diversity Index # 349 19th

Additional comparisons and rankings can be made with a VERY EASY TO USE Tennessee Census Data Comparison Tool.

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