Jamie Stitt

Assistant Commissioner, Business and Workforce Development

Tennessee Department of Economic and Community Development
312 Rosa L. Parks Ave., Nashville, TN 37243
Do Business in Tennessee
I am a:

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)

221,309

Population

(2024)

246,025

Population Change

(2020 - 2024)

11.17%

Population Forecast

(2040)

333,334

Foreign Born Population

14,774

Foreign Born Persons (Percentage of Population)

6.50%

Language Other Than English Spoken At Home

9.80%

Civilian Veteran Population

29,738

Race (Percentage of Population)

White Alone

64.30%

Black or African American, alone

20.00%

American Indian And Alaska Native, alone

0.30%

Asian, alone

2.50%

Native Hawaiian or Other Pacific Islander, alone

0.30%

Some Other Race, alone

2.30%

Two or More Races

10.30%

Hispanic or Latino

11.00%

Age (Percentage of Population)
Male
Female
Total

Under 5 Years Old

Male: 8.30%

Female: 7.60%

Total: 7.90%

Under 18 Years Old

Male: 27.60%

Female: 26.20%

Total: 26.90%

18-64 Years Old

Male: 63.70%

Female: 63.00%

Total: 63.30%

65 Years and Over

Male: 8.70%

Female: 10.80%

Total: 9.80%

Median Age

Male: 30.8

Female: 32.7

Total: 31.7

Sources:
U.S. Census Bureau, 2019-2023 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

62.60%

Persons Per Household

2.71

Living In Same House 1 Year & Over

80.30%

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

11.90%

Total Personal Income

$12.6B

Personal Income Per Capita

$52,478

County Median Wage

$20.43

Household Income & Benefits
Percent of Household

Less Than $10,000

5.00%

$10,000 to $14,999

2.80%

$15,000 to $24,999

6.00%

$25,000 to $34,999

8.50%

$35,000 to $49,999

12.90%

$50,000 to $74,999

19.30%

$75,000 to $99,999

16.00%

$100,000 to $149,999

18.40%

$150,000 to $199,999

6.30%

$200,000 or More

4.90%

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 (2024)

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 (2024)
Tennessee
Montgomery

Labor Force

Tennessee: 3,420,373

Montgomery: 103,007

Employment

Tennessee: 3,303,023

Montgomery: 99,308

Unemployment

Tennessee: 117,350

Montgomery: 3,699

Unemployment Rate

Tennessee: 3.40%

Montgomery: 3.60%

Unemployment Rate*
Tennessee
Montgomery

2019

Tennessee: 4.50%

Montgomery: 4.30%

2020

Tennessee: 3.40%

Montgomery: 3.50%

2021

Tennessee: 3.20%

Montgomery: 3.40%

2022

Tennessee: 3.40%

Montgomery: 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: 25

Establishments: 13

Avg. Annual Wages: $37,131

Mining, Quarrying, and Oil and Gas Extraction

Employment: 439

Establishments: 7

Avg. Annual Wages: $87,256

Utilities

Employment: 212

Establishments: 6

Employment: $103,410

Construction

Employment: 3,039

Establishments: 437

Employment: $74,161

Manufacturing

Employment: 7,013

Establishments: 135

Employment: $67,072

Wholesale Trade

Employment: 1,404

Establishments: 205

Employment: $80,068

Retail Trade

Employment: 9,785

Establishments: 632

Employment: $38,130

Transportation and Warehousing

Employment: 1,958

Establishments: 128

Employment: $57,859

Information

Employment: 1,102

Establishments: 178

Employment: $69,500

Finance and Insurance

Employment: 1,466

Establishments: 302

Employment: $76,444

Real Estate and Rental and Leasing

Employment: 1,083

Establishments: 250

Employment: $51,314

Professional, Scientific, and Technical Services

Employment: 1,969

Establishments: 641

Employment: $73,155

Management of Companies and Enterprises

Employment: 450

Establishments: 26

Employment: $70,704

Administrative, Support, Waste Management and Remediation

Employment: 2,851

Establishments: 281

Employment: $45,034

Educational Services

Employment: 746

Establishments: 71

Employment: $30,098

Health Care and Social Assistance

Employment: 8,510

Establishments: 644

Employment: $51,949

Arts, Entertainment, and Recreation

Employment: 620

Establishments: 57

Employment: $20,604

Accommodation and Food Services

Employment: 8,971

Establishments: 481

Employment: $22,134

Other Services (except Public Administration)

Employment: 1,557

Establishments: 345

Employment: $43,803

Government

Employment: 13,414

Establishments: 68

Employment: $60,850

Unclassified

Employment: 81

Establishments: 33

Employment: $35,167

Total

Employment: 66,695

Establishments: 4,939

Employment: $51,895

Unique Occupations*
Employment
Location Quotient*

Rail Transportation Workers, All Other

Employment: 19

Location Quotient*: 28

Drilling and Boring Machine Tool Setters, Operators, and Tenders, Metal and Plastic

Employment: 48

Location Quotient*: 18.8

Rock Splitters, Quarry

Employment: 25

Location Quotient*: 17.47

Transportation Workers, All Other

Employment: 77

Location Quotient*: 16.08

Statistical Assistants

Employment: 44

Location Quotient*: 15.78

Key Cluster
Total Employment

Advanced Materials

1,687

Aerospace & Defense

181

Appliances & Electrical

100

Automotive

1,859

Business Services

2,262

Chemicals

129

Distribution & Logistics

3,865

Film, Music & Entertainment

14

Food & Beverage

166

Healthcare & Medical Devices

112

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: 94.90%

Tennessee: 91.00%

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

Montgomery: 68.50%

Tennessee: 42.20%

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

Montgomery: 32.40%

Tennessee: 33.60%

High School Graduation Rate

Montgomery: 95.10%

Tennessee: 92.10%

College Going Rate

Montgomery: 51.30%

Tennessee: 56.00%

Average ACT Score

Montgomery: 19.5

Tennessee: 19.3

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

Elementary Schools

Enrollment: 17,972

Middle Schools

Enrollment: 8,528

High Schools

Enrollment: 11,143

Regional Higher Education Institutions
City
Enrollment

Austin Peay State University

City: Clarksville

Enrollment: 8,293

Tennessee College of Applied Technology-Dickson

City: Dickson

Enrollment: 856

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.

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 (2024)

166,722

Charter Type

Private Act

Local Option Sales Tax Rate

2.50%

City Property Tax Rate

$0.88

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 |
CONNECT WITH US
Partners
Newsletter

© Copyright 2025 TNECD. All Rights Reserved. By continuing to browse this site, you’re accepting the use of cookies. Want to know more? See our Privacy Policy.