Jamie Stitt

Assistant Commissioner, Business and Workforce Development

Tennessee Department of Economic and Community Development
312 Rosa L. Parks Ave., Nashville, TN 37243
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Franklin County

County Profile Tool
Franklin County

Population & Demographics

Location

Time Zone

Central Time Zone

Grand Division

Middle Tennessee

Area (Square Miles)

554.5

County Seat

Winchester

Metropolitan Area

South Central Tennessee nonmetropolitan area

ECD Region

Southern Middle

Population

Population

(2020)

42,774

Population

(2022)

42,980

Population Change

(2020 - 2022)

0.5%

Population Forecast

(2040)

46,582

Foreign Born Population

1,212

Foreign Born Persons (Percentage of Population)

2.80%

Language Other Than English Spoken At Home

3.80%

Civilian Veteran Population

3,467

Race (Percentage of Population)

White Alone

89.10%

Black or African American, alone

4.90%

American Indian And Alaska Native, alone

0.20%

Asian, alone

0.60%

Native Hawaiian or Other Pacific Islander, alone

0.10%

Some Other Race, alone

1.60%

Two or More Races

3.60%

Hispanic or Latino

3.80%

Age (Percentage of Population)
Male
Female
Total

Under 5 Years Old

Male: 5.50%

Female: 0.043

Total: 4.90%

Under 18 Years Old

Male: 20.90%

Female: 18.70%

Total: 19.70%

18-64 Years Old

Male: 60.20%

Female: 59.70%

Total: 60.00%

65 Years and Over

Male: 18.90%

Female: 21.60%

Total: 20.30%

Median Age

Male: 42.4

Female: 40.7

Total: 44

Sources:
U.S. Census Bureau, 2018-2022 5-Year American Community Survey
U.S. Bureau of Labor Statistics
Tennessee State Data Center (2024)

Housing & Income

Housing & Income

Households

16,789

Homeownership Rate

76.0%

Persons Per Household

2.42

Living In Same House 1 Year & Over

89.3%

Median Home Value

$192,400

Annual Home Sales

633

Median Sale Price of Homes Sold

$282,500

Persons In Households With Income Below Poverty Level

14.5%

Total Personal Income

$2.0B

Personal Income Per Capita

$46,514

County Median Wage

$19.40

Household Income & Benefits
Percent of Household

Less Than $10,000

6.6%

$10,000 to $14,999

4.8%

$15,000 to $24,999

8.4%

$25,000 to $34,999

9.1%

$35,000 to $49,999

15.1%

$50,000 to $74,999

19.2%

$75,000 to $99,999

12.0%

$100,000 to $149,999

15.0%

$150,000 to $199,999

4.6%

$200,000 or More

5.1%

Median Household Income

$57,933

Percentage of Households by Income Range

Sources:
U.S. Census Bureau, 2018-2022 5-Year American Community Survey
Tennessee Housing Development Agency (2023)
U.S. Bureau of Economic Analysis (2023)
Lightcast (2023)

Tax Structure

Property Tax

Property Tax Rate (County)

$1.9953

State Property Tax

None

Assessment Ratio: Residential Property

25%

Assessment Ratio: Farm Property

25%

Assessment Ratio: Commercial/Industrial Property

40%

Assessment Ratio: Public Utility Property

55%

Assessment Ratio: Business Personal Property

30%

State Tax

State Income Tax on Wages

None

State Income Tax: Interest from Bonds and Notes and Dividends from Stock

None (Hall Income tax was fully repealed January 1, 2021)

Excise Tax (State)

6.5% of Tennessee taxable income

Franchise Tax (state)

0.25% of the greater of net worth or real and tangible property in Tennessee. The minimum tax is $100.

Unemployment Insurance Tax (state)

2.7% of the first $7,000 in wages for new employers

Sales Tax

State Sales Tax Rate

7.0%

County Sales Tax Rate

2.25%

Local Sales Tax Collections

(FY 2023)

$14,640,833

Local Sales Tax Collections

(FY 2024)

$14,585,557

Local Sales Tax Collections Growth

(FY 2023 - FY 2024)

0.38%

State Bond Ratings

Moody's

Aaa

Standard & Poor's

AAA

Fitch

AAA

Debt per Capita

State Debt per Capita

$988

County Debt Per Capita

$1,396

Sources:
Tennessee Comptroller of the Treasury (2024)
Tennessee Department of Revenue (2024)
The Tax Foundation (2024)

Labor Force

Labor Force Estimates (2023)
Tennessee
Franklin

Labor Force

Tennessee: 3,379,605

Franklin: 19,520

Employment

Tennessee: 3,267,935

Franklin: 18,846

Unemployment

Tennessee: 111,670

Franklin: 674

Unemployment Rate

Tennessee: 3.30%

Franklin: 3.50%

Unemployment Rate*
Tennessee
Franklin

2019

Tennessee: 7.40%

Franklin: 8.00%

2020

Tennessee: 4.50%

Franklin: 4.10%

2021

Tennessee: 3.40%

Franklin: 3.50%

2022

Tennessee: 3.30%

Franklin: 3.50%

Unemployment Rate (by percentage)

Sources:
U.S. Bureau of Labor Statistics

Industries

Industry
Employment
Establishments
Avg. Annual Wages

Crop and Animal Production

Employment: 105

Establishments: 15

Avg. Annual Wages: $37,093

Mining, Quarrying, and Oil and Gas Extraction

Employment: 82

Establishments: 5

Avg. Annual Wages: $87,821

Utilities

Employment: 12

Establishments: 3

Employment: $101,128

Construction

Employment: 412

Establishments: 75

Employment: $44,800

Manufacturing

Employment: 2,158

Establishments: 53

Employment: $52,523

Wholesale Trade

Employment: 328

Establishments: 55

Employment: $72,732

Retail Trade

Employment: 1,617

Establishments: 134

Employment: $33,074

Transportation and Warehousing

Employment: 136

Establishments: 35

Employment: $49,088

Information

Employment: 122

Establishments: 28

Employment: $132,431

Finance and Insurance

Employment: 211

Establishments: 55

Employment: $74,235

Real Estate and Rental and Leasing

Employment: 53

Establishments: 15

Employment: $38,253

Professional, Scientific, and Technical Services

Employment: 258

Establishments: 103

Employment: $62,561

Administrative, Support, Waste Management and Remediation

Employment: 504

Establishments: 46

Employment: $34,410

Educational Services

Employment: 566

Establishments: 4

Employment: $52,624

Health Care and Social Assistance

Employment: 1,759

Establishments: 109

Employment: $55,419

Arts, Entertainment, and Recreation

Employment: 63

Establishments: 12

Employment: $123,274

Accommodation and Food Services

Employment: 988

Establishments: 71

Employment: $19,167

Other Services (except Public Administration)

Employment: 224

Establishments: 50

Employment: $35,570

Government

Employment: 1,943

Establishments: 51

Employment: $38,624

Total

Employment: 11,556

Establishments: 919

Employment: $46,069

Unique Occupations*
Employment
Location Quotient*

Tire Builders

Employment: 75

Location Quotient*: 52.6

Woodworkers, All Other

Employment: 12

Location Quotient*: 16.36

Heat Treating Equipment Setters, Operators, and Tenders, Metal and Plastic

Employment: 13

Location Quotient*: 10.76

Motorcycle Mechanics

Employment: 13

Location Quotient*: 10.48

Continuous Mining Machine Operators

Employment: 11

Location Quotient*: 9.33

Key Cluster
Total Employment

Advanced Materials

321

Aerospace & Defense

0

Appliances & Electrical

0

Automotive

793

Business Services

120

Chemicals

10

Distribution & Logistics

322

Film, Music & Entertainment

36

Food & Beverage

34

Healthcare & Medical Devices

33

Top Employers

Top County Employers
Estimated Employees
City

Franklin County Schools

Est. Employees: 973

City: Winchester

The University of the South

Est. Employees: 784

City: Sewanee

Southern TN Medical Center, LLC

Est. Employees: 550

City: Winchester

Nissan

Est. Employees: 400

City: Decherd

Walmart Stores, Inc.

Est. Employees: 300

City: Winchester

Franklin County Government

Est. Employees: 286

City: Winchester

Tepro, Inc.

Est. Employees: 259

City: Winchester

Baxter Enterprises

Est. Employees: 150

City: Winchester

Phoenix Boats

Est. Employees: 146

City: Winchester

Ascension St. Thomas Heart Winchester

Est. Employees: 135

City: Winchester

Transportation & Logistics

Transportation

Nearest Commercial Service Airport

Huntsville International

Distance to Nearest Commercial Service Airport

58

Daily Flights At Nearest Commercial Service Airport

39

Nearest General Aviation Airport

Winchester Municipal

Runway Length at Nearest General Aviation Airport

5,003'

Mean Travel Time to Work (Minutes)

23.7

Access of Interstate

I-24 (1 mile)

U.S. Highways

41, 64

State Highways

15, 16, 50, 50 56, 97, 121, 122, 127, 130, 156, 279, 433, 476

Nearest Port (From County Seat)

South Pittsburg (Nickajack)

Railroads Serving County

CSX

Sources:
Tennessee Department of Transportation
Federal Aviation Administration, Aeronautical Data (2024)
U.S. Census Bureau, 2018-2022 5-Year American Community Survey

Education

General Stats
Franklin
Tennessee

Population Aged 25-64 With High School Degree Or Higher

Franklin: 90.2%

Tennessee: 91.5%

Population Aged 25-64 With Associate's Degree Or Higher

Franklin: 29.6%

Tennessee: 41.2%

Population Aged 25-64 With Bachelor's Degree Or Higher

Franklin: 20.4%

Tennessee: 32.8%

High School Graduation Rate

Franklin: 93.8%

Tennessee: 90.6%

College Going Rate

Franklin: 56.1%

Tennessee: 56.7%

Average ACT Score

Franklin: 17.9

Tennessee: 19.0

High School Graduation Rate
College Going Rate
Average ACT Score
Franklin County Schools
Enrollment

Elementary Schools

Enrollment: 2,314

Middle Schools

Enrollment: 1,040

High Schools

Enrollment: 1,419

Regional Higher Education Institutions
City
Enrollment

Sewanee-The University of the South

City: Sewanee

Enrollment: 1,704

Motlow State Community College

City: Tullahoma

Enrollment: 5,636

Sources:
U.S. Census Bureau, 2022 1-Year American Community Survey,
U.S. Census Bureau, 2022 5-Year American Community Survey
Tennessee Department of Education (2022-2023)
National Center for Education Statistics
Tennessee Board of Regents and Tennessee Higher Education Commission

† Regional higher education institutions include those within the selected and surrounding counties.

Due to data availability, federal graduation rates were used for Clay, Fentress, and Haywood counties.

Health & Public Safety

Doctors

Number of Doctors

88

Overweight & Obesity Prevalence

Adults*

33.9

Children** (Grade 8)

40.9

Regional Hospitals
Number of Beds
City

Southern Tennessee Regional Health System WInchester

Number of Beds: 152

City: Winchester

Southern Tennessee Regional Health System Sewanee (SATELLITE of #139)

Number of Beds: 152

City: Sewanee

Sources:
American Medical Association (2023)

National Center for Chronic Disease Prevention and Health Promotion

Tennessee Department of Health

† Regional hospitals include those within the selected and surrounding counties.

 

Climate

Climate

Average High Temperature

70.4°F

Average Low Temperature

49°F

Average Annual Temperature

59.7°F

Annual Rainfall

69.46"

Elevation (at County Seat)

979'

Prevailing Winds

South-Southwest

Sources:
National Oceanic and Atmospheric Administration (2023)

Community Information

Cowan

Population (2022)

1,313

Charter Type

Private Act

Local Option Sales Tax Rate

2.25%

City Property Tax Rate

$1.53

Phone Number

(931) 967-7318

Retire Tennessee Participant

No

Tennessee Downtowns Participant

No

Main Street Participant

No

Decherd

Population (2022)

3,058

Charter Type

Private Act

Local Option Sales Tax Rate

2.25%

City Property Tax Rate

$1.21

Phone Number

(931) 967-5181

Retire Tennessee Participant

No

Tennessee Downtowns Participant

Yes

Main Street Participant

No

Estill Springs

Population (2019)

1,978

Charter Type

General Law Mayor-Alderman

Local Option Sales Tax Rate

2.25%

City Property Tax Rate

$0.83

Phone Number

(931) 649-5188

Retire Tennessee Participant

No

Tennessee Downtowns Participant

No

Main Street Participant

No

Huntland

Population (2022)

818

Charter Type

Private Act

Local Option Sales Tax Rate

2.25%

City Property Tax Rate

$1.31

Phone Number

(931) 469-0283

Retire Tennessee Participant

No

Tennessee Downtowns Participant

No

Main Street Participant

No

Monteagle

Population (2022)

1,836

Charter Type

General Law Mayor-Alderman

Local Option Sales Tax Rate

2.25%

Phone Number

(931) 924-2265

Retire Tennessee Participant

No

Tennessee Downtowns Participant

No

Main Street Participant

No

Tullahoma

Population (2022)

19,852

Charter Type

Private Act

Local Option Sales Tax Rate

2.25%

City Property Tax Rate

$2.43

Phone Number

(931) 455-2648

Retire Tennessee Participant

No

Tennessee Downtowns Participant

Yes

Main Street Participant

No

Winchester

Population (2019)

8,706

Charter Type

Private Act

Local Option Sales Tax Rate

2.25%

City Property Tax Rate

$0.97

Phone Number

(931) 967-4771

Retire Tennessee Participant

No

Tennessee Downtowns Participant

No

Main Street Participant

Yes

Additional Community Information

ThreeStar Certified County

Yes

Sources:
Tennessee Municipal Technical Advisory Service
Tennessee Department of Revenue (2015)
Tennessee Comptroller of the Treasury (2015)
U.S. Census Bureau, 2010-2014 5-Year American Community Survey

Tennessee Department of Economic and Community Development
312 Rosa L. Parks Ave., Nashville, TN 37243
615.741.1888 |
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