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
41,865
Population
44,476
Population Change
6.24%
Population Forecast
47,806
Foreign Born Population
1,162
Foreign Born Persons (Percentage of Population)
2.70%
Language Other Than English Spoken At Home
3.80%
Civilian Veteran Population
3,072
White Alone
66.60%
Black or African American, alone
27.00%
American Indian And Alaska Native, alone
0.10%
Asian, alone
0.60%
Native Hawaiian or Other Pacific Islander, alone
0.00%
Some Other Race, alone
2.10%
Two or More Races
3.60%
Hispanic or Latino
3.60%
Under 5 Years Old
Male: 4.80%
Female: 4.90%
Total: 4.90%
Under 18 Years Old
Male: 19.30%
Female: 17.30%
Total: 18.30%
18-64 Years Old
Male: 59.60%
Female: 59.10%
Total: 59.30%
65 Years and Over
Male: 21.10%
Female: 23.60%
Total: 22.40%
Median Age
Male: 46.4
Female: 48
Total: 47.2
Sources:
U.S. Census Bureau, 2019-2023 5-Year American Community Survey
U.S. Bureau of Labor Statistics
Tennessee State Data Center (2024)
Households
16,416
Homeownership Rate
81.60%
Persons Per Household
2.54
Living In Same House 1 Year & Over
90.60%
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
9.70%
Total Personal Income
$3.6B
Personal Income Per Capita
$81,728
County Median Wage
$20.44
Less Than $10,000
3.10%
$10,000 to $14,999
2.70%
$15,000 to $24,999
8.30%
$25,000 to $34,999
7.50%
$35,000 to $49,999
9.90%
$50,000 to $74,999
15.10%
$75,000 to $99,999
14.00%
$100,000 to $149,999
19.20%
$150,000 to $199,999
10.20%
$200,000 or More
10.00%
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 (2024)
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None (Hall Income tax was fully repealed January 1, 2021)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: 3,420,373
Fayette: 20,515
Employment
Tennessee: 3,303,023
Fayette: 19,780
Unemployment
Tennessee: 117,350
Fayette: 735
Unemployment Rate
Tennessee: 3.40%
Fayette: 3.60%
2019
Tennessee: 4.50%
Fayette: 4.10%
2020
Tennessee: 3.40%
Fayette: 3.30%
2021
Tennessee: 3.20%
Fayette: 3.30%
2022
Tennessee: 3.40%
Fayette: 3.60%
Sources:
U.S. Bureau of Labor Statistics
Crop and Animal Production
Employment: 86
Establishments: 16
Avg. Annual Wages: $54,100
Mining, Quarrying, and Oil and Gas Extraction
Employment: 16
Establishments: 2
Avg. Annual Wages: $64,370
Utilities
Employment: 46
Establishments: 1
Employment: $102,356
Construction
Employment: 773
Establishments: 110
Employment: $78,567
Manufacturing
Employment: 1,436
Establishments: 66
Employment: $67,044
Wholesale Trade
Employment: 531
Establishments: 48
Employment: $75,778
Retail Trade
Employment: 1,043
Establishments: 93
Employment: $34,771
Transportation and Warehousing
Employment: 194
Establishments: 45
Employment: $64,052
Information
Employment: 62
Establishments: 18
Employment: $75,562
Finance and Insurance
Employment: 262
Establishments: 50
Employment: $80,093
Real Estate and Rental and Leasing
Employment: 33
Establishments: 21
Employment: $59,672
Professional, Scientific, and Technical Services
Employment: 183
Establishments: 83
Employment: $94,764
Management of Companies and Enterprises
Employment: 40
Establishments: 6
Employment: $199,109
Administrative, Support, Waste Management and Remediation
Employment: 599
Establishments: 58
Employment: $56,057
Educational Services
Employment: 173
Establishments: 5
Employment: $34,856
Health Care and Social Assistance
Employment: 544
Establishments: 84
Employment: $42,503
Arts, Entertainment, and Recreation
Employment: 46
Establishments: 8
Employment: $21,618
Accommodation and Food Services
Employment: 625
Establishments: 42
Employment: $28,208
Other Services (except Public Administration)
Employment: 232
Establishments: 47
Employment: $39,303
Government
Employment: 1,354
Establishments: 36
Employment: $52,509
Total
Employment: 8,287
Establishments: 839
Employment: $56,990
Adhesive Bonding Machine Operators and Tenders
Employment: 19
Location Quotient*: 27.04
Motorboat Operators
Employment: 3
Location Quotient*: 18.42
Materials Scientists
Employment: 7
Location Quotient*: 14.71
Rock Splitters, Quarry
Employment: 3
Location Quotient*: 14.28
Tax Examiners and Collectors, and Revenue Agents
Employment: 41
Location Quotient*: 13.61
Advanced Materials
23
Aerospace & Defense
0
Appliances & Electrical
11
Automotive
0
Business Services
189
Chemicals
349
Distribution & Logistics
694
Film, Music & Entertainment
0
Food & Beverage
71
Healthcare & Medical Devices
84
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: 91.80%
Tennessee: 91.00%
Population Aged 25-64 With Associate's Degree Or Higher
Fayette: 60.40%
Tennessee: 42.20%
Population Aged 25-64 With Bachelor's Degree Or Higher
Fayette: 29.10%
Tennessee: 33.60%
High School Graduation Rate
Fayette: 87.60%
Tennessee: 92.10%
College Going Rate
Fayette: 43.50%
Tennessee: 56.00%
Average ACT Score
Fayette: 16.5
Tennessee: 19.3
Elementary Schools
Enrollment: 1,449
Middle Schools
Enrollment: 612
High Schools
Enrollment: 740
University of Memphis
City: Memphis
Enrollment: 15,137
Southwest Tennessee Community College
City: Memphis
Enrollment: 4,130
Christian Brothers University
City: Memphis
Enrollment: 1,813
Rhodes College
City: Memphis
Enrollment: 1,793
Tennessee College of Applied Technology-Memphis
City: Memphis
Enrollment: 1225
Baptist Health Sciences University
City: Memphis
Enrollment: 755
Le Moyne-Owen College
City: Memphis
Enrollment: 646
Southern College of Optometry
City: Memphis
Enrollment: 525
Tennessee College of Applied Technology-Covington - Northwest
City: Covington
Enrollment: 964
Sources:
U.S. Census Bureau, 2023 1-Year American Community Survey,
U.S. Census Bureau, 2023 5-Year American Community Survey
Tennessee Department of Education (2023-2024)
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 (2024)
255
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 (2024)
528
Charter Type
General Law Manager-Commission
Local Option Sales Tax Rate
2.25%
City Property Tax Rate
$1.23
Phone Number
(901) 867-3333
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2019)
338
Charter Type
Private Act
Local Option Sales Tax Rate
2.25%
City Property Tax Rate
$1.50
Phone Number
(731) 764-2871
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2024)
123
Charter Type
Private Act
Local Option Sales Tax Rate
2.25%
Phone Number
(901) 878-1246
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2024)
572
Charter Type
Private Act
Local Option Sales Tax Rate
2.25%
City Property Tax Rate
$1.80
Phone Number
(901) 877-3584
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2024)
8,936
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$0.63
Phone Number
(901) 465-8523
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2019)
2,801
Charter Type
General Law Manager-Commission
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$0.47
Phone Number
(901) 853-4830
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2024)
1,041
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.12
Phone Number
(901) 853-4681
Retire Tennessee Participant
No
Tennessee Downtowns Participant
Yes
Main Street Participant
No
Population (2024)
3,415
Charter Type
Private Act
Local Option Sales Tax Rate
2.25%
City Property Tax Rate
$0.59
Phone Number
(901) 465-7305
Retire Tennessee Participant
No
Tennessee Downtowns Participant
Yes
Main Street Participant
No
Population (2024)
349
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