HomeTennesseeMadison CountyThree Way
Three Way, Tennessee: commercial real estate data.
Three Way is a Census city of 2,008 people across 4.49 square miles of land, in Madison County. Median household income is $88,125, 93.4 percent of occupied homes are owned.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Three Way
What Three Way is
- Census place typecity
- Land area4.49 sq mi
- Water area0 sq mi
- Population per square mile of land447
- County holding the largest share of its areaMadison County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Three Way
How many people live in Three Way
- Population2,008
- Median age54.9
- Population under 18295 plus or minus 73
- Share under 1814.7 percent plus or minus 3.3
- Population 65 and over606
- Share 65 and over30.2 percent
- Households895
- Family households609
- Share of households that are families68.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Three Way
Income and work in Three Way
- Median household income$88,125
- Per capita income$44,312
- Civilian labor force1,021
- Employed950
- Unemployed71 plus or minus 43
- Unemployment rate7.0 percent plus or minus 4.1
- Adults 25 and over1,578
- Adults 25 and over with a high school diploma or higher95.1 percent
- Adults 25 and over with a bachelor degree or higher38.6 percent
- Adults 25 and over with a graduate degree15.1 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Three Way
Housing in Three Way
- Housing units917
- Occupied units895
- Vacant units22 plus or minus 21
- Vacancy rate2.4 percent plus or minus 2.3
- Owner occupied836
- Renter occupied59 plus or minus 29
- Ownership rate93.4 percent
- Median owner-occupied home value$250,700
- Median gross rent, monthly$1,646
- Annual rent as a share of median income22.4 percent
- Single family units908
- Share single family99.0 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes9 plus or minus 11
- Median year structure built1997
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Three Way
How Three Way gets to work
- Workers 16 and over who commute873
- Commuting under 15 minutes183 plus or minus 67
- Share commuting under 15 minutes21.0 percent plus or minus 7.2
- Commuting 30 minutes or more193 plus or minus 54
- Share commuting 30 minutes or more22.1 percent plus or minus 5.4
- Drove alone85.9 percent
- Carpooled5.3 percent plus or minus 4.0
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home8.1 percent plus or minus 4.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Three Way
Flood risk in Three Way
- NFIP communityCity of Three Way
- NFIP community number470455
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date08/03/09
The City of Three Way participates in the National Flood Insurance Program as community 470455 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Madison County, not Three Way
Madison County context, not Three Way figures
- Establishments in Madison County2,598
- Covered employment, Madison County60,967
- Average annual pay, Madison County$58,054
- Housing units permitted, Madison County247
Every figure in this section is published for Madison County as a whole and is not a measurement of Three Way.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Three Way questions, answered from the record.
How many people live in Three Way, Tennessee?
2,008, in 895 households. Three Way city covers 4.49 square miles of land, which is 447 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Three Way in?
Madison County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Three Way?
$88,125. The median owner-occupied home is valued at $250,700. Median gross rent is $1,646 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Is Three Way in the National Flood Insurance Program?
Yes. Three Way appears in the FEMA Community Status Book as Three Way, city of, community 470455, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Three Way figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Madison County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Three Way.
Is zoning published for Three Way?
No. Nothing on this page presents parcel level zoning.
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