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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Loudon County

County Profile Tool
Loudon County

Population & Demographics

Location

Time Zone

Eastern Time Zone

Grand Division

East Tennessee

Area (Square Miles)

229.3

County Seat

Loudon

Metropolitan Area

Knoxville, TN

ECD Region

East

Population

Population

(2020)

54,886

Population

(2022)

55,507

Population Change

(2020 - 2022)

1.1%

Population Forecast

(2040)

68,979

Foreign Born Population

3,346

Foreign Born Persons (Percentage of Population)

6.00%

Language Other Than English Spoken At Home

7.40%

Civilian Veteran Population

4,077

Race (Percentage of Population)

White Alone

89.90%

Black or African American, alone

1.40%

American Indian And Alaska Native, alone

0.10%

Asian, alone

1.00%

Native Hawaiian or Other Pacific Islander, alone

0.00%

Some Other Race, alone

1.30%

Two or More Races

6.30%

Hispanic or Latino

9.60%

Age (Percentage of Population)
Male
Female
Total

Under 5 Years Old

Male: 5.30%

Female: 0.04

Total: 4.60%

Under 18 Years Old

Male: 20.20%

Female: 18.00%

Total: 19.10%

18-64 Years Old

Male: 54.40%

Female: 53.60%

Total: 54.00%

65 Years and Over

Male: 25.40%

Female: 28.40%

Total: 26.90%

Median Age

Male: 48.5

Female: 47.1

Total: 50.4

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

22,487

Homeownership Rate

81.6%

Persons Per Household

2.45

Living In Same House 1 Year & Over

92.2%

Median Home Value

$263,800

Annual Home Sales

1,209

Median Sale Price of Homes Sold

$468,000

Persons In Households With Income Below Poverty Level

11.8%

Total Personal Income

$3.9B

Personal Income Per Capita

$67,088

County Median Wage

$18.55

Household Income & Benefits
Percent of Household

Less Than $10,000

4.5%

$10,000 to $14,999

2.4%

$15,000 to $24,999

6.6%

$25,000 to $34,999

9.0%

$35,000 to $49,999

14.4%

$50,000 to $74,999

13.1%

$75,000 to $99,999

15.2%

$100,000 to $149,999

19.3%

$150,000 to $199,999

6.2%

$200,000 or More

9.3%

Median Household Income

$75,008

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)

$1.7683

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

2.00% - 2.50%

Local Sales Tax Collections

(FY 2023)

$21,915,521

Local Sales Tax Collections

(FY 2024)

$21,804,305

Local Sales Tax Collections Growth

(FY 2023 - FY 2024)

0.51%

State Bond Ratings

Moody's

Aaa

Standard & Poor's

AAA

Fitch

AAA

Debt per Capita

State Debt per Capita

$988

County Debt Per Capita

$904

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

Labor Force

Labor Force Estimates (2024)
Tennessee
Loudon

Labor Force

Tennessee: 3,420,373

Loudon: 26,825

Employment

Tennessee: 3,303,023

Loudon: 25,902

Unemployment

Tennessee: 117,350

Loudon: 923

Unemployment Rate

Tennessee: 3.40%

Loudon: 3.40%

Unemployment Rate*
Tennessee
Loudon

2019

Tennessee: 4.50%

Loudon: 3.50%

2020

Tennessee: 3.40%

Loudon: 3.20%

2021

Tennessee: 3.20%

Loudon: 3.10%

2022

Tennessee: 3.40%

Loudon: 3.40%

Unemployment Rate (by percentage)

Sources:
U.S. Bureau of Labor Statistics

Industries

Industry
Employment
Establishments
Avg. Annual Wages

Crop and Animal Production

Employment: 516

Establishments: 12

Avg. Annual Wages: $44,009

Mining, Quarrying, and Oil and Gas Extraction

Employment: 18

Establishments: 2

Avg. Annual Wages: $85,290

Construction

Employment: 776

Establishments: 148

Employment: $57,918

Manufacturing

Employment: 3,686

Establishments: 89

Employment: $77,107

Wholesale Trade

Employment: 460

Establishments: 105

Employment: $80,212

Retail Trade

Employment: 3,542

Establishments: 169

Employment: $38,191

Transportation and Warehousing

Employment: 1,037

Establishments: 57

Employment: $56,870

Information

Employment: 78

Establishments: 38

Employment: $83,897

Finance and Insurance

Employment: 310

Establishments: 83

Employment: $77,947

Real Estate and Rental and Leasing

Employment: 108

Establishments: 47

Employment: $59,510

Professional, Scientific, and Technical Services

Employment: 414

Establishments: 180

Employment: $78,903

Administrative, Support, Waste Management and Remediation

Employment: 641

Establishments: 105

Employment: $54,073

Educational Services

Employment: 59

Establishments: 13

Employment: $46,700

Health Care and Social Assistance

Employment: 1,687

Establishments: 157

Employment: $52,970

Arts, Entertainment, and Recreation

Employment: 222

Establishments: 14

Employment: $29,957

Accommodation and Food Services

Employment: 1,758

Establishments: 107

Employment: $25,620

Other Services (except Public Administration)

Employment: 582

Establishments: 99

Employment: $38,410

Government

Employment: 2,284

Establishments: 39

Employment: $57,558

Total

Employment: 18,195

Establishments: 1,475

Employment: $54,351

Unique Occupations*
Employment
Location Quotient*

Farm Labor Contractors

Employment: 10

Location Quotient*: 234.39

Crushing, Grinding, and Polishing Machine Setters, Operators, and Tenders

Employment: 85

Location Quotient*: 25.63

Milling and Planing Machine Setters, Operators, and Tenders, Metal and Plastic

Employment: 35

Location Quotient*: 20.24

Food and Tobacco Roasting, Baking, and Drying Machine Operators and Tenders

Employment: 40

Location Quotient*: 15.49

Fiberglass Laminators and Fabricators

Employment: 29

Location Quotient*: 12.47

Key Cluster
Total Employment

Advanced Materials

87

Aerospace & Defense

38

Appliances & Electrical

146

Automotive

706

Business Services

322

Chemicals

19

Distribution & Logistics

1,743

Film, Music & Entertainment

0

Food & Beverage

625

Healthcare & Medical Devices

84

Top Employers

Top County Employers
Estimated Employees
City

Malibu Boats, LLC

Est. Employees: 750

City: Loudon

Loudon County School District

Est. Employees: 644

City: Loudon

Morgan Olson, LLC

Est. Employees: 450

City: Loudon

Walmart Stores, Inc.

Est. Employees: 375

City: Lenoir City

Kimberly-Clark Corporation

Est. Employees: 350

City: Loudon

Tate& Lyle Ingrediants America, Inc.

Est. Employees: 331

City: Loudon

Loundon County Government

Est. Employees: 324

City: Loudon

Lenoir City School District

Est. Employees: 322

City: Lenoir City

Hubbell Power Systems

Est. Employees: 302

City: Lenoir City

Monterey Mushrooms. Inc.

Est. Employees: 300

City: Loudon

Transportation & Logistics

Transportation

Nearest Commercial Service Airport

McGhee Tyson (Knoxville)

Distance to Nearest Commercial Service Airport

35

Daily Flights At Nearest Commercial Service Airport

84

Nearest General Aviation Airport

Monroe County

Distance to Nearest General Aviation Airport

19.2

Runway Length at Nearest General Aviation Airport

3,643'

Mean Travel Time to Work (Minutes)

23.3

Access of Interstate

I-40 & I-75

U.S. Highways

11, 321, 411

State Highways

1, 2, 33, 72, 73, 95, 322, 323, 444

Nearest Port (From County Seat)

Lenoir City

Railroads Serving County

CSX, NS

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
Loudon
Tennessee

Population Aged 25-64 With High School Degree Or Higher

Loudon: 85.7%

Tennessee: 91.5%

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

Loudon: 35.3%

Tennessee: 41.2%

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

Loudon: 25.6%

Tennessee: 32.8%

High School Graduation Rate

Loudon: 94.8%

Tennessee: 90.6%

College Going Rate

Loudon: 50.2%

Tennessee: 56.7%

Average ACT Score

Loudon: 19

Tennessee: 19.0

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

Elementary Schools

Enrollment: 2,557

Middle Schools

Enrollment: 1,270

High Schools

Enrollment: 936

Lenoir City
Enrollment

Elemetary Schools

Enrollment: 780

Middle Schools

Enrollment: 424

High Schools

Enrollment: 1286

Regional Higher Education Institutions
City
Enrollment

The University of Tennessee-Knoxville

City: Knoxville

Enrollment: 33,805

Pellissippi State Community College

City: Knoxville

Enrollment: 8,452

Roane State Community College

City: Harriman

Enrollment: 4,457

Tennessee College of Applied Technology-Knoxville

City: Knoxville

Enrollment: 1,157

Maryville College

City: Maryville

Enrollment: 1,069

Johnson University

City: Knoxville

Enrollment: 939

Tennessee Wesleyan College

City: Athens

Enrollment: 1,052

Tennessee College of Applied Technology-Athens

City: Athens

Enrollment: 221

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

105

Overweight & Obesity Prevalence

Adults*

24.9

Children** (Grade 8)

42.6

Regional Hospitals
Number of Beds
City

Fort Loudoun Medical Center

Number of Beds: 50

City: Lenoir City

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

70.9°F

Average Low Temperature

49.2°F

Average Annual Temperature

60.1°F

Annual Rainfall

59.22"

Elevation (at County Seat)

949'

Prevailing Winds

Southwest

Sources:
National Oceanic and Atmospheric Administration (2023)

Community Information

Farragut

Population (2022)

23,506

Charter Type

General Law Mayor-Alderman

Local Option Sales Tax Rate

2.00%

Phone Number

(865) 966-7057

Retire Tennessee Participant

No

Tennessee Downtowns Participant

No

Main Street Participant

No

Greenback

Population (2022)

1,102

Charter Type

General Law Mayor-Alderman

Local Option Sales Tax Rate

2.00%

Phone Number

(865) 856-2224

Retire Tennessee Participant

Yes

Tennessee Downtowns Participant

No

Main Street Participant

No

Lenoir City

Population (2019)

10,117

Charter Type

Home Rule

Local Option Sales Tax Rate

2.00%

City Property Tax Rate

$0.95

Phone Number

(865) 986-2715

Retire Tennessee Participant

Yes

Tennessee Downtowns Participant

Yes

Main Street Participant

No

Loudon

Population (2022)

5,991

Charter Type

Private Act

Local Option Sales Tax Rate

2.50%

City Property Tax Rate

$1.19

Phone Number

(865) 458-2033

Retire Tennessee Participant

Yes

Tennessee Downtowns Participant

No

Main Street Participant

No

Philadelphia

Population (2022)

607

Charter Type

General Law Mayor-Alderman

Local Option Sales Tax Rate

2.00%

Retire Tennessee Participant

Yes

Tennessee Downtowns Participant

No

Main Street Participant

No

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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