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
Greater Memphis
2020 Population
41,865
2024 Population
43,267
Population Change
3.35%
Population Forecast
47,806
Foreign Born Population
1,308
Foreign Born Persons (Percentage of Population)
3.00%
Language Other Than English Spoken At Home
4.30%
Civilian Veteran Population
3,269
White Alone
65.90%
Black or African American, alone
25.10%
American Indian And Alaska Native, alone
0.00%
Asian, alone
0.70%
Native Hawaiian or Other Pacific Islander, alone
0.00%
Some Other Race, alone
2.90%
Two or More Races
5.30%
Hispanic or Latino
3.80%
Under 5 Years Old
Male: 4.80%
Female: 4.80%
Total: 4.80%
Under 18 Years Old
Male: 18.90%
Female: 17.00%
Total: 17.90%
18-64 Years Old
Male: 59.50%
Female: 58.70%
Total: 60.00%
65 Years and Over
Male: 21.60%
Female: 24.30%
Total: 23.00%
Median Age
Male: 46.6
Female: 48.2
Total: 47.4
Households
17,210
Homeownership Rate
81.43%
Persons Per Household
2.49
Living In Same House 1 Year & Over
92.26%
Median Home Value
$340,800
Annual Home Sales
757
Median Sale Price of Homes Sold
$371,149
Persons In Households With Income Below Poverty Level
10.30%
Total Personal Income
$3.7B
Personal Income Per Capita
$83,543
County Median Wage
$20.44
Less Than $10,000
3.80%
$10,000 to $14,999
3.70%
$15,000 to $24,999
6.50%
$25,000 to $34,999
6.40%
$35,000 to $49,999
10.50%
$50,000 to $74,999
12.60%
$75,000 to $99,999
13.00%
$100,000 to $149,999
21.90%
$150,000 to $199,999
10.80%
$200,000 or More
10.70%
Median Household Income
$88,456
Property Tax Rate (County)
$0.93
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None (Hall Income tax was fully repealed January 1, 2021)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 Tennessee portion of net worth
Unemployment Insurance Tax (state)
2.7% of the first $7,000 in wages for new employers
State Sales Tax Rate
7.00%
County Sales Tax Rate
2.25% - 2.75%
Local Sales Tax Collections
$17,430,752
Local Sales Tax Collections
$16,922,305
Local Sales Tax Collections Growth
3.00%
Moody's
Aaa
Standard & Poor's
AAA
Fitch
AAA
State Debt per Capita
$1,125
County Debt Per Capita
$373
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%
2021
Tennessee: 4.50%
Fayette: 4.10%
2022
Tennessee: 3.40%
Fayette: 3.30%
2023
Tennessee: 3.20%
Fayette: 3.30%
2024
Tennessee: 3.40%
Fayette: 3.60%
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 Government
Est. Employees: 843
City: Somerville
Fayette County Schools
Est. Employees: 500
City: Somerville
Memphis Contract Packaging, Inc.
Est. Employees: 258
City: Somerville
Helen of Troy
Est. Employees: 196
City: Arlington
Coilmaster Corporation
Est. Employees: 170
City: Moscow
Walmart Inc.
Est. Employees: 150
City: Oakland
The Troxel Company
Est. Employees: 150
City: Moscow
AOC Tennessee Manufacturing Plant
Est. Employees: 150
City: Collierville
Ring Container Technologies, Inc.
Est. Employees: 125
City: Oakland
The Kroger Co
Est. Employees: 118
City: Oakland
Nearest Commercial Service Airport
Memphis International Airport
Distance to Nearest Commercial Service Airport
45
Daily Flights At Nearest Commercial Service Airport
410
Nearest General Aviation Airport
Fayette County
Runway Length at Nearest General Aviation Airport
5,000'
Mean Travel Time to Work (Minutes)
34.1
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
Population Aged 25-64 With High School Degree Or Higher
Fayette: 92.53%
Tennessee: 90.90%
Population Aged 25-64 With Associate's Degree Or Higher
Fayette: 38.94%
Tennessee: 41.08%
Population Aged 25-64 With Bachelor's Degree Or Higher
Fayette: 30.06%
Tennessee: 32.72%
High School Graduation Rate
Fayette: 89.20%
Tennessee: 92.10%
College Going Rate
Fayette: 43.50%
Tennessee: 53.60%
Average ACT Score
Fayette: 16.1
Tennessee: 18.8
Elementary Schools
Enrollment: 1,392
Middle Schools
Enrollment: 583
High Schools
Enrollment: 724
Number of Doctors
13
Adults*
39
Children** (Grade 8)
42.4
Violent Crimes per 1,000 People
2.83
Property Crimes per 1,000 People
5.78
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
Population
308
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
609
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)
435
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
62
Local Option Sales Tax Rate
2.25%
City Property Tax Rate
1.25
Phone Number
(901) 878-1246
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population
768
Charter Type
Private Act
Local Option Sales Tax Rate
2.25%
City Property Tax Rate
$1.37
Phone Number
(901) 877-3584
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population
9,979
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)
2,569
Charter Type
General Law Manager-Commission
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$0.40
Phone Number
(901) 853-4830
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
ThreeStar Certified County
Yes
