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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Montgomery County

County Profile Tool
Montgomery County

Population & Demographics

Location

Time Zone

Central Time Zone

Grand Division

Middle Tennessee

Area (Square Miles)

539.2

County Seat

Clarksville

Metropolitan Area

Clarksville, TN-KY

ECD Region

Northern Middle

Population

Population

(2020)

220,069

Population

(2022)

222,305

Population Change

(2020 - 2022)

1.0%

Population Forecast

(2040)

333,334

Foreign Born Population

13,510

Foreign Born Persons (Percentage of Population)

6.10%

Language Other Than English Spoken At Home

9.10%

Civilian Veteran Population

29,129

Race (Percentage of Population)

White Alone

65.50%

Black or African American, alone

20.20%

American Indian And Alaska Native, alone

0.40%

Asian, alone

2.40%

Native Hawaiian or Other Pacific Islander, alone

0.30%

Some Other Race, alone

2.40%

Two or More Races

8.70%

Hispanic or Latino

10.70%

Age (Percentage of Population)
Male
Female
Total

Under 5 Years Old

Male: 8.30%

Female: 0.077

Total: 8.00%

Under 18 Years Old

Male: 27.30%

Female: 26.10%

Total: 26.70%

18-64 Years Old

Male: 64.20%

Female: 63.30%

Total: 63.80%

65 Years and Over

Male: 8.50%

Female: 10.60%

Total: 9.50%

Median Age

Male: 31.4

Female: 30.5

Total: 32.4

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

80,474

Homeownership Rate

62.6%

Persons Per Household

2.71

Living In Same House 1 Year & Over

80.3%

Median Home Value

$226,400

Annual Home Sales

3,961

Median Sale Price of Homes Sold

$315,000

Persons In Households With Income Below Poverty Level

11.9%

Total Personal Income

$11.5B

Personal Income Per Capita

$48,938

County Median Wage

$19.39

Household Income & Benefits
Percent of Household

Less Than $10,000

5.0%

$10,000 to $14,999

2.8%

$15,000 to $24,999

6.0%

$25,000 to $34,999

8.5%

$35,000 to $49,999

12.9%

$50,000 to $74,999

19.3%

$75,000 to $99,999

16.0%

$100,000 to $149,999

18.4%

$150,000 to $199,999

6.3%

$200,000 or More

4.9%

Median Household Income

$67,890

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)

$2.1000

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

2.50%

Local Sales Tax Collections

(FY 2023)

$113,977,552

Local Sales Tax Collections

(FY 2024)

$111,477,170

Local Sales Tax Collections Growth

(FY 2023 - FY 2024)

2.24%

State Bond Ratings

Moody's

Aaa

Standard & Poor's

AAA

Fitch

AAA

Debt per Capita

State Debt per Capita

$988

County Debt Per Capita

$2,274

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

Labor Force

Labor Force Estimates (2023)
Tennessee
Montgomery

Labor Force

Tennessee: 3,379,605

Montgomery: 89,396

Employment

Tennessee: 3,267,935

Montgomery: 86,066

Unemployment

Tennessee: 111,670

Montgomery: 3,330

Unemployment Rate

Tennessee: 3.30%

Montgomery: 3.70%

Unemployment Rate*
Tennessee
Montgomery

2019

Tennessee: 7.40%

Montgomery: 7.60%

2020

Tennessee: 4.50%

Montgomery: 4.70%

2021

Tennessee: 3.40%

Montgomery: 3.70%

2022

Tennessee: 3.30%

Montgomery: 3.70%

Unemployment Rate (by percentage)

Sources:
U.S. Bureau of Labor Statistics

Industries

Industry
Employment
Establishments
Avg. Annual Wages

Crop and Animal Production

Employment: 23

Establishments: 6

Avg. Annual Wages: $35,613

Mining, Quarrying, and Oil and Gas Extraction

Employment: 352

Establishments: 5

Avg. Annual Wages: $78,385

Utilities

Employment: 193

Establishments: 5

Employment: $91,378

Construction

Employment: 2,845

Establishments: 376

Employment: $60,620

Manufacturing

Employment: 5,944

Establishments: 116

Employment: $61,848

Wholesale Trade

Employment: 2,183

Establishments: 167

Employment: $65,637

Retail Trade

Employment: 9,755

Establishments: 562

Employment: $36,762

Transportation and Warehousing

Employment: 789

Establishments: 93

Employment: $54,320

Information

Employment: 911

Establishments: 100

Employment: $63,173

Finance and Insurance

Employment: 1,277

Establishments: 251

Employment: $78,280

Real Estate and Rental and Leasing

Employment: 1,000

Establishments: 218

Employment: $46,381

Professional, Scientific, and Technical Services

Employment: 1,714

Establishments: 442

Employment: $59,272

Management of Companies and Enterprises

Employment: 422

Establishments: 23

Employment: $68,490

Administrative, Support, Waste Management and Remediation

Employment: 3,178

Establishments: 236

Employment: $37,677

Educational Services

Employment: 636

Establishments: 62

Employment: $32,051

Health Care and Social Assistance

Employment: 7,436

Establishments: 492

Employment: $45,172

Arts, Entertainment, and Recreation

Employment: 561

Establishments: 45

Employment: $17,848

Accommodation and Food Services

Employment: 8,392

Establishments: 435

Employment: $19,886

Other Services (except Public Administration)

Employment: 1,406

Establishments: 280

Employment: $36,007

Government

Employment: 11,729

Establishments: 65

Employment: $54,866

Total

Employment: 60,753

Establishments: 3,993

Employment: $46,259

Unique Occupations*
Employment
Location Quotient*

Camera and Photographic Equipment Repairers

Employment: 51

Location Quotient*: 53.69

Nuclear Power Reactor Operators

Employment: 71

Location Quotient*: 34.53

Metal Workers and Plastic Workers, All Other

Employment: 176

Location Quotient*: 21.19

Railroad Conductors and Yardmasters

Employment: 68

Location Quotient*: 19.59

Helpers--Roofers

Employment: 49

Location Quotient*: 18

Key Cluster
Total Employment

Advanced Materials

782

Aerospace & Defense

121

Appliances & Electrical

324

Automotive

1,025

Business Services

2,249

Chemicals

83

Distribution & Logistics

1,302

Film, Music & Entertainment

116

Food & Beverage

208

Healthcare & Medical Devices

148

Top Employers

Top County Employers
Estimated Employees
City

Clarksville Montgomery County School System

Est. Employees: 5,100

City: Clarksville

Trane U.S. Inc.

Est. Employees: 1,500

City: Clarksville

Austin Peay State University

Est. Employees: 1,179

City: Clarksville

City of Clarksville

Est. Employees: 1,050

City: Clarksville

Montgomery County Government

Est. Employees: 1,001

City: Clarksville

Agero

Est. Employees: 1,001

City: Clarksville

Tennova Healthcare

Est. Employees: 1,000

City: Clarksville

Hankook Tire Manufacturing Tennessee, LP

Est. Employees: 993

City: Clarksville

LG Electronics North America

Est. Employees: 835

City: Clarksville

Jostens, Inc.

Est. Employees: 575

City: Clarksville

Transportation & Logistics

Transportation

Nearest Commercial Service Airport

Nashville International

Distance to Nearest Commercial Service Airport

55

Daily Flights At Nearest Commercial Service Airport

599

Nearest General Aviation Airport

Outlaw Field (Clarksville)

Runway Length at Nearest General Aviation Airport

5,999'

Mean Travel Time to Work (Minutes)

26.6

Access of Interstate

I-24

U.S. Highways

41, 79

State Highways

11, 12, 13, 48, 76, 112, 149, 233, 235, 236, 237, 238 374

Nearest Port (From County Seat)

Nashville

Railroads Serving County

CSC, R. J. Corman Railroad

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
Montgomery
Tennessee

Population Aged 25-64 With High School Degree Or Higher

Montgomery: 94.3%

Tennessee: 91.5%

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

Montgomery: 42.2%

Tennessee: 41.2%

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

Montgomery: 30.5%

Tennessee: 32.8%

High School Graduation Rate

Montgomery: 92.3%

Tennessee: 90.6%

College Going Rate

Montgomery: 53.7%

Tennessee: 56.7%

Average ACT Score

Montgomery: 19.4

Tennessee: 19.0

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

Elementary Schools

Enrollment: 18,096

Middle Schools

Enrollment: 8,592

High Schools

Enrollment: 11,393

Regional Higher Education Institutions
City
Enrollment

Austin Peay State University

City: Clarksville

Enrollment: 9,326

Tennessee College of Applied Technology-Dickson

City: Dickson

Enrollment: 982

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

354

Overweight & Obesity Prevalence

Adults*

37.4

Children** (Grade 8)

29.8

Regional Hospitals
Number of Beds
City

Tennova Healthcare - Clarksville

Number of Beds: 270

City: Clarksville

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

70.5°F

Average Low Temperature

49.3°F

Average Annual Temperature

59.9°F

Annual Rainfall

52.02"

Elevation (at County Seat)

549'

Prevailing Winds

Southerly

Sources:
National Oceanic and Atmospheric Administration (2023)

Community Information

Clarksville

Population (2022)

152,934

Charter Type

Private Act

Local Option Sales Tax Rate

2.50%

City Property Tax Rate

$1.03

Phone Number

(931) 645-7444

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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