Assistant Commissioner, Business and Workforce Development
Time Zone
Central Time Zone
Grand Division
West Tennessee
Area (Square Miles)
704.1
County Seat
Somerville
Metropolitan Area
Memphis, TN-MS-AR
ECD Region
Memphis
Population
41,990
Population
42,228
Population Change
0.6%
Population Forecast
47,806
Foreign Born Population
1,031
Foreign Born Persons (Percentage of Population)
2.40%
Language Other Than English Spoken At Home
3.50%
Civilian Veteran Population
3,082
White Alone
67.30%
Black or African American, alone
27.00%
American Indian And Alaska Native, alone
0.30%
Asian, alone
0.70%
Native Hawaiian or Other Pacific Islander, alone
0.00%
Some Other Race, alone
2.00%
Two or More Races
2.70%
Hispanic or Latino
3.20%
Under 5 Years Old
Male: 4.80%
Female: 0.047
Total: 4.80%
Under 18 Years Old
Male: 19.30%
Female: 17.50%
Total: 18.40%
18-64 Years Old
Male: 60.10%
Female: 59.20%
Total: 59.60%
65 Years and Over
Male: 20.60%
Female: 23.30%
Total: 22.00%
Median Age
Male: 46.8
Female: 46.1
Total: 47.8
Sources:
U.S. Census Bureau, 2018-2022 5-Year American Community Survey
U.S. Bureau of Labor Statistics
Tennessee State Data Center (2024)
Households
16,416
Homeownership Rate
81.6%
Persons Per Household
2.54
Living In Same House 1 Year & Over
90.6%
Median Home Value
$282,600
Annual Home Sales
702
Median Sale Price of Homes Sold
$358,490
Persons In Households With Income Below Poverty Level
9.7%
Total Personal Income
$3.2B
Personal Income Per Capita
$73,510
County Median Wage
$19.56
Less Than $10,000
3.1%
$10,000 to $14,999
2.7%
$15,000 to $24,999
8.3%
$25,000 to $34,999
7.5%
$35,000 to $49,999
9.9%
$50,000 to $74,999
15.1%
$75,000 to $99,999
14.0%
$100,000 to $149,999
19.2%
$150,000 to $199,999
10.2%
$200,000 or More
10.0%
Median Household Income
$81,074
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)
Property Tax Rate (County)
$1.2915
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 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None (Hall Income tax was fully repealed January 1, 2021)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
State Sales Tax Rate
7.0%
County Sales Tax Rate
2.25% - 2.75%
Local Sales Tax Collections
$16,922,305
Local Sales Tax Collections
$16,538,098
Local Sales Tax Collections Growth
2.32%
Moody's
Aaa
Standard & Poor's
AAA
Fitch
AAA
State Debt per Capita
$988
County Debt Per Capita
$478
Sources:
Tennessee Comptroller of the Treasury (2024)
Tennessee Department of Revenue (2024)
The Tax Foundation (2024)
Labor Force
Tennessee: 3,379,605
Fayette: 19,008
Employment
Tennessee: 3,267,935
Fayette: 18,318
Unemployment
Tennessee: 111,670
Fayette: 690
Unemployment Rate
Tennessee: 3.30%
Fayette: 3.60%
2019
Tennessee: 7.40%
Fayette: 6.20%
2020
Tennessee: 4.50%
Fayette: 4.30%
2021
Tennessee: 3.40%
Fayette: 3.50%
2022
Tennessee: 3.30%
Fayette: 3.60%
Sources:
U.S. Bureau of Labor Statistics
Crop and Animal Production
Employment: 123
Establishments: 19
Avg. Annual Wages: $45,267
Mining, Quarrying, and Oil and Gas Extraction
Employment: 20
Establishments: 2
Avg. Annual Wages: $47,687
Utilities
Employment: 35
Establishments: 1
Employment: $97,828
Construction
Employment: 629
Establishments: 91
Employment: $60,196
Manufacturing
Employment: 1,939
Establishments: 58
Employment: $59,551
Wholesale Trade
Employment: 273
Establishments: 38
Employment: $68,760
Retail Trade
Employment: 919
Establishments: 75
Employment: $34,055
Transportation and Warehousing
Employment: 241
Establishments: 40
Employment: $56,749
Information
Employment: 75
Establishments: 11
Employment: $60,135
Finance and Insurance
Employment: 279
Establishments: 44
Employment: $69,349
Real Estate and Rental and Leasing
Employment: 39
Establishments: 15
Employment: $47,334
Professional, Scientific, and Technical Services
Employment: 173
Establishments: 60
Employment: $72,348
Management of Companies and Enterprises
Employment: 53
Establishments: 6
Employment: $248,900
Administrative, Support, Waste Management and Remediation
Employment: 681
Establishments: 43
Employment: $48,269
Educational Services
Employment: 170
Establishments: 6
Employment: $34,224
Health Care and Social Assistance
Employment: 457
Establishments: 68
Employment: $38,025
Arts, Entertainment, and Recreation
Employment: 38
Establishments: 7
Employment: $23,984
Accommodation and Food Services
Employment: 613
Establishments: 38
Employment: $24,128
Other Services (except Public Administration)
Employment: 287
Establishments: 45
Employment: $31,062
Government
Employment: 1,367
Establishments: 36
Employment: $44,666
Total
Employment: 8,416
Establishments: 704
Employment: $50,208
Engine and Other Machine Assemblers
Employment: 132
Location Quotient*: 46.46
Coil Winders, Tapers, and Finishers
Employment: 23
Location Quotient*: 32.42
Chemical Equipment Operators and Tenders
Employment: 123
Location Quotient*: 19.73
Foundry Mold and Coremakers
Employment: 16
Location Quotient*: 19.56
Forging Machine Setters, Operators, and Tenders, Metal and Plastic
Employment: 12
Location Quotient*: 16.43
Advanced Materials
19
Aerospace & Defense
0
Appliances & Electrical
58
Automotive
246
Business Services
125
Chemicals
581
Distribution & Logistics
275
Film, Music & Entertainment
0
Food & Beverage
35
Healthcare & Medical Devices
24
Fayette County Schools
Est. Employees: 500
City: Somerville
Memphis Contract Packaging, Inc.
Est. Employees: 264
City: Somerville
Fayette County Government
Est. Employees: 250
City: Somerville
Eggo Company
Est. Employees: 206
City: Rossville
Coilmaster Corporation
Est. Employees: 192
City: Moscow
Walmart Inc.
Est. Employees: 150
City: Oakland
The Troxel Company
Est. Employees: 130
City: Moscow
The Kroger Co
Est. Employees: 118
City: Oakland
Precision Coils
Est. Employees: 100
City: Somerville
Somerville Health Care
Est. Employees: 100
City: Somerville
Nearest Commercial Service Airport
Memphis International
Distance to Nearest Commercial Service Airport
45
Daily Flights At Nearest Commercial Service Airport
494
Nearest General Aviation Airport
Fayette County
Runway Length at Nearest General Aviation Airport
5,000'
Mean Travel Time to Work (Minutes)
34.4
Access of Interstate
I-40
U.S. Highways
64, 70, 79
State Highways
1, 15, 18, 57, 59, 76, 86, 193, 194, 195, 196, 222, 385
Nearest Port (From County Seat)
Memphis
Railroads Serving County
CSX, Mississippi Central Railroad, NS
Sources:
Tennessee Department of Transportation
Federal Aviation Administration, Aeronautical Data (2024)
U.S. Census Bureau, 2018-2022 5-Year American Community Survey
Population Aged 25-64 With High School Degree Or Higher
Fayette: 91.0%
Tennessee: 91.5%
Population Aged 25-64 With Associate's Degree Or Higher
Fayette: 34.7%
Tennessee: 41.2%
Population Aged 25-64 With Bachelor's Degree Or Higher
Fayette: 25.1%
Tennessee: 32.8%
High School Graduation Rate
Fayette: 85.8%
Tennessee: 90.6%
College Going Rate
Fayette: 47.2%
Tennessee: 56.7%
Average ACT Score
Fayette: 16.3
Tennessee: 19.0
Elementary Schools
Enrollment: 1,496
Middle Schools
Enrollment: 675
High Schools
Enrollment: 833
University of Memphis
City: Memphis
Enrollment: 21,917
Southwest Tennessee Community College
City: Memphis
Enrollment: 6,443
Christian Brothers University
City: Memphis
Enrollment: 1,934
Rhodes College
City: Memphis
Enrollment: 2,008
Tennessee College of Applied Technology-Memphis
City: Memphis
Enrollment: 1547
Baptist Health Sciences University
City: Memphis
Enrollment: 797
Le Moyne-Owen College
City: Memphis
Enrollment: 609
Southern College of Optometry
City: Memphis
Enrollment: 532
Tennessee College of Applied Technology-Covington
City: Covington
Enrollment: 364
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.
Number of Doctors
42
Adults*
20.3
Children** (Grade 8)
42
{63}
Number of Beds: {65}
City: {64}
{66}
Number of Beds: {68}
City: {67}
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.
Average High Temperature
72.3°F
Average Low Temperature
50.8°F
Average Annual Temperature
61.6°F
Annual Rainfall
58.19"
Elevation (at County Seat)
393'
Prevailing Winds
South-Southwest
Sources:
National Oceanic and Atmospheric Administration (2023)
Population (2022)
294
Charter Type
General Law Manager-Commission
Local Option Sales Tax Rate
2.25%
Phone Number
(901) 594-5100
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2022)
708
Charter Type
General Law Manager-Commission
Local Option Sales Tax Rate
2.25%
City Property Tax Rate
$1.34
Phone Number
(901) 867-3333
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2019)
392
Charter Type
Private Act
Local Option Sales Tax Rate
2.25%
City Property Tax Rate
$0.75
Phone Number
(731) 764-2871
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2022)
81
Charter Type
Private Act
Local Option Sales Tax Rate
2.25%
City Property Tax Rate
$1.43
Phone Number
(901) 878-1246
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2022)
685
Charter Type
Private Act
Local Option Sales Tax Rate
2.25%
City Property Tax Rate
$2.00
Phone Number
(901) 877-3584
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2022)
7,893
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$0.52
Phone Number
(901) 465-8523
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2019)
2,142
Charter Type
General Law Manager-Commission
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$0.37
Phone Number
(901) 853-4830
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2022)
906
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.16
Phone Number
(901) 853-4681
Retire Tennessee Participant
No
Tennessee Downtowns Participant
Yes
Main Street Participant
No
Population (2022)
3,238
Charter Type
Private Act
Local Option Sales Tax Rate
2.25%
City Property Tax Rate
$0.68
Phone Number
(901) 465-7305
Retire Tennessee Participant
No
Tennessee Downtowns Participant
Yes
Main Street Participant
No
Population (2022)
449
Charter Type
General Law Manager-Commission
Local Option Sales Tax Rate
2.25%
Phone Number
(901) 465-9661
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
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