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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Monroe County

County Profile Tool
Monroe County

Population & Demographics

Location

Time Zone

Eastern Time Zone

Grand Division

East Tennessee

Area (Square Miles)

635.8

County Seat

Madisonville

Metropolitan Area

East Tennessee nonmetropolitan area

ECD Region

East

Population

Population

(2020)

46,250

Population

(2022)

46,489

Population Change

(2020 - 2022)

0.5%

Population Forecast

(2040)

49,313

Foreign Born Population

1,170

Foreign Born Persons (Percentage of Population)

2.50%

Language Other Than English Spoken At Home

4.10%

Civilian Veteran Population

2,882

Race (Percentage of Population)

White Alone

89.80%

Black or African American, alone

1.80%

American Indian And Alaska Native, alone

0.10%

Asian, alone

0.40%

Native Hawaiian or Other Pacific Islander, alone

0.00%

Some Other Race, alone

1.50%

Two or More Races

6.30%

Hispanic or Latino

4.60%

Age (Percentage of Population)
Male
Female
Total

Under 5 Years Old

Male: 4.90%

Female: 0.052

Total: 5.10%

Under 18 Years Old

Male: 21.40%

Female: 20.20%

Total: 20.80%

18-64 Years Old

Male: 58.70%

Female: 56.70%

Total: 57.70%

65 Years and Over

Male: 19.90%

Female: 23.10%

Total: 21.50%

Median Age

Male: 44.6

Female: 43.3

Total: 46.1

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

18,976

Homeownership Rate

72.1%

Persons Per Household

2.42

Living In Same House 1 Year & Over

86.3%

Median Home Value

$174,800

Annual Home Sales

551

Median Sale Price of Homes Sold

$264,000

Persons In Households With Income Below Poverty Level

16.0%

Total Personal Income

$1.9B

Personal Income Per Capita

$41,401

County Median Wage

$18.54

Household Income & Benefits
Percent of Household

Less Than $10,000

5.2%

$10,000 to $14,999

7.2%

$15,000 to $24,999

13.3%

$25,000 to $34,999

9.8%

$35,000 to $49,999

12.6%

$50,000 to $74,999

16.6%

$75,000 to $99,999

16.0%

$100,000 to $149,999

13.8%

$150,000 to $199,999

3.4%

$200,000 or More

2.1%

Median Household Income

$52,123

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)

$1.5228

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% - 2.75%

Local Sales Tax Collections

(FY 2023)

$18,444,803

Local Sales Tax Collections

(FY 2024)

$18,098,269

Local Sales Tax Collections Growth

(FY 2023 - FY 2024)

1.91%

State Bond Ratings

Moody's

Aaa

Standard & Poor's

AAA

Fitch

AAA

Debt per Capita

State Debt per Capita

$988

County Debt Per Capita

$1,618

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

Labor Force

Labor Force Estimates (2023)
Tennessee
Monroe

Labor Force

Tennessee: 3,379,605

Monroe: 20,655

Employment

Tennessee: 3,267,935

Monroe: 19,911

Unemployment

Tennessee: 111,670

Monroe: 744

Unemployment Rate

Tennessee: 3.30%

Monroe: 3.60%

Unemployment Rate*
Tennessee
Monroe

2019

Tennessee: 7.40%

Monroe: 8.00%

2020

Tennessee: 4.50%

Monroe: 4.00%

2021

Tennessee: 3.40%

Monroe: 3.50%

2022

Tennessee: 3.30%

Monroe: 3.60%

Unemployment Rate (by percentage)

Sources:
U.S. Bureau of Labor Statistics

Industries

Industry
Employment
Establishments
Avg. Annual Wages

Crop and Animal Production

Employment: 11

Establishments: 4

Avg. Annual Wages: $33,260

Mining, Quarrying, and Oil and Gas Extraction

Employment: 24

Establishments: 2

Avg. Annual Wages: $47,885

Utilities

Employment: 76

Establishments: 1

Employment: $88,837

Construction

Employment: 314

Establishments: 50

Employment: $49,297

Manufacturing

Employment: 6,600

Establishments: 68

Employment: $56,550

Wholesale Trade

Employment: 276

Establishments: 43

Employment: $54,199

Retail Trade

Employment: 2,041

Establishments: 146

Employment: $30,826

Transportation and Warehousing

Employment: 181

Establishments: 27

Employment: $47,721

Information

Employment: 46

Establishments: 14

Employment: $90,298

Finance and Insurance

Employment: 289

Establishments: 57

Employment: $52,091

Real Estate and Rental and Leasing

Employment: 89

Establishments: 24

Employment: $32,310

Professional, Scientific, and Technical Services

Employment: 209

Establishments: 65

Employment: $66,727

Management of Companies and Enterprises

Employment: 53

Establishments: 5

Employment: $91,291

Administrative, Support, Waste Management and Remediation

Employment: 802

Establishments: 32

Employment: $20,418

Educational Services

Employment: 258

Establishments: 3

Employment: $42,373

Health Care and Social Assistance

Employment: 1,114

Establishments: 110

Employment: $42,625

Arts, Entertainment, and Recreation

Employment: 180

Establishments: 17

Employment: $28,793

Accommodation and Food Services

Employment: 1,456

Establishments: 81

Employment: $17,014

Other Services (except Public Administration)

Employment: 199

Establishments: 46

Employment: $30,030

Government

Employment: 1,884

Establishments: 36

Employment: $40,628

Total

Employment: 16,114

Establishments: 835

Employment: $44,206

Unique Occupations*
Employment
Location Quotient*

Fiberglass Laminators and Fabricators

Employment: 348

Location Quotient*: 158.39

Layout Workers, Metal and Plastic

Employment: 56

Location Quotient*: 66.31

Extruding and Forming Machine Setters, Operators, and Tenders, Synthetic and Glass Fibers

Employment: 77

Location Quotient*: 44.02

Woodworkers, All Other

Employment: 26

Location Quotient*: 24.67

Foundry Mold and Coremakers

Employment: 36

Location Quotient*: 22.68

Key Cluster
Total Employment

Advanced Materials

523

Aerospace & Defense

57

Appliances & Electrical

0

Automotive

1,541

Business Services

115

Chemicals

0

Distribution & Logistics

377

Film, Music & Entertainment

0

Food & Beverage

65

Healthcare & Medical Devices

0

Top Employers

Top County Employers
Estimated Employees
City

JTEKT Automotive Tennessee Vonroe

Est. Employees: 1,251

City: Vonroe

Mastercraft Boat Company, Inc.

Est. Employees: 785

City: Vonroe

Monroe County Board of Education

Est. Employees: 734

City: Madisonville

Yamaha Jet Boat Manufacturing USA, Inc.

Est. Employees: 700

City: Vonroe

DHL Supply Chain

Est. Employees: 602

City: Vonroe

Sea Ray Boats, Inc.

Est. Employees: 559

City: Vonroe

Sweetwater Hospital Association

Est. Employees: 500

City: Sweetwater

National Seating Company

Est. Employees: 500

City: Vonroe

Havco Wood Products, LLC

Est. Employees: 420

City: Vonroe

Monroe County Government

Est. Employees: 381

City: Madisonville

Transportation & Logistics

Transportation

Nearest Commercial Service Airport

McGhee Tyson (Knoxville)

Distance to Nearest Commercial Service Airport

32

Daily Flights At Nearest Commercial Service Airport

84

Nearest General Aviation Airport

Monroe County

Runway Length at Nearest General Aviation Airport

3,643'

Mean Travel Time to Work (Minutes)

28.1

Access of Interstate

I-75

U.S. Highways

11, 129, 411

State Highways

2, 33, 39, 68, 72, 115, 165, 307, 315, 322, 360

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
Monroe
Tennessee

Population Aged 25-64 With High School Degree Or Higher

Monroe: 88.0%

Tennessee: 91.5%

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

Monroe: 23.0%

Tennessee: 41.2%

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

Monroe: 14.3%

Tennessee: 32.8%

High School Graduation Rate

Monroe: 89.7%

Tennessee: 90.6%

College Going Rate

Monroe: 43.6%

Tennessee: 56.7%

Average ACT Score

Monroe: 17.6

Tennessee: 19.0

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

Elementary Schools

Enrollment: 1,919

Middle Schools

Enrollment: 1,003

High Schools

Enrollment: 1,971

Sweetwater
Enrollment

Elemetary Schools

Enrollment: 939

Middle Schools

Enrollment: 479

High Schools

Enrollment: 0

Regional Higher Education Institutions
City
Enrollment

Maryville College

City: Maryville

Enrollment: 1,069

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

33

Overweight & Obesity Prevalence

Adults*

25.9

Children** (Grade 8)

40.2

Regional Hospitals
Number of Beds
City

Sweetwater Hospital Association

Number of Beds: 59

City: Sweetwater

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

70.2°F

Average Low Temperature

47.9°F

Average Annual Temperature

59.1°F

Annual Rainfall

62.22"

Elevation (at County Seat)

1,110'

Prevailing Winds

Southwest

Sources:
National Oceanic and Atmospheric Administration (2023)

Community Information

Madisonville

Population (2022)

4,920

Charter Type

Private Act

Local Option Sales Tax Rate

2.25%

City Property Tax Rate

$0.85

Phone Number

(423) 442-9416

Retire Tennessee Participant

No

Tennessee Downtowns Participant

Yes

Main Street Participant

Yes

Sweetwater

Population (2022)

5,873

Charter Type

Home Rule

Local Option Sales Tax Rate

2.75%

City Property Tax Rate

$1.38

Phone Number

(423) 337-6979

Retire Tennessee Participant

No

Tennessee Downtowns Participant

Yes

Main Street Participant

Yes

Tellico Plains

Population (2019)

952

Charter Type

Private Act

Local Option Sales Tax Rate

2.25%

City Property Tax Rate

$0.44

Phone Number

(423) 253-2030

Retire Tennessee Participant

No

Tennessee Downtowns Participant

Yes

Main Street Participant

No

Vonore

Population (2022)

1,677

Charter Type

General Law Mayor-Alderman

Local Option Sales Tax Rate

2.25%

City Property Tax Rate

$0.35

Phone Number

(423) 884-6211

Retire Tennessee Participant

No

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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