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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Polk County

County Profile Tool
Polk County

Population & Demographics

Location

Time Zone

Eastern Time Zone

Grand Division

East Tennessee

Area (Square Miles)

434.7

County Seat

Benton

Metropolitan Area

Cleveland, TN

ECD Region

Southeast

Population

Population

(2010)

16,825

Population

(2020)

17,544

Population Change

(2010 - 2020)

4.30%

Population Forecast

(2040)

17,778

Foreign Born Population

280

Foreign Born Persons (Percentage of Population)

1.70%

Language Other Than English Spoken At Home

2.80%

Civilian Veteran Population

1,022

Race (Percentage of Population)

White Alone

94.50%

Black or African American, alone

0.90%

American Indian And Alaska Native, alone

0.20%

Asian, alone

0.20%

Native Hawaiian or Other Pacific Islander, alone

0.00%

Some Other Race, alone

0.50%

Two or More Races

3.80%

Hispanic or Latino

2.20%

Age (Percentage of Population)
Male
Female
Total

Under 5 Years Old

Male: 4.80%

Female: 4.70%

Total: 4.70%

Under 18 Years Old

Male: 19.20%

Female: 18.70%

Total: 18.90%

18-64 Years Old

Male: 60.60%

Female: 59.40%

Total: 60.00%

65 Years and Over

Male: 20.10%

Female: 21.90%

Total: 21.00%

Median Age

Male: 45.7

Female: 47

Total: 46.3

Sources:
U.S. Census Bureau, 2015-2019 5-Year American Community Survey
U.S. Census Bureau, 2019 Annual Population Estimates
U.S. Bureau of Labor Statistics
Tennessee State Data Center (2022)

Housing & Income

Housing & Income

Households

7,448

Homeownership Rate

74.40%

Persons Per Household

2.22

Living In Same House 1 Year & Over

85.20%

Median Home Value

$112,700

Annual Home Sales

198

Median Sale Price of Homes Sold

$216,750

Persons In Households With Income Below Poverty Level

12.40%

Total Personal Income

$696.5M

Personal Income Per Capita

$39,180

County Median Wage

$17.04

Household Income & Benefits
Percent of Household

Less Than $10,000

6.60%

$10,000 to $14,999

4.40%

$15,000 to $24,999

12.80%

$25,000 to $34,999

14.30%

$35,000 to $49,999

15.70%

$50,000 to $74,999

17.50%

$75,000 to $99,999

12.30%

$100,000 to $149,999

9.70%

$150,000 to $199,999

2.30%

$200,000 or More

4.40%

Median Household Income

$45,326

Percentage of Households by Income Range

Sources:
U.S. Census Bureau, 2016-2020 5-Year American Community Survey
Tennessee Housing Development Agency (2022)
U.S. Bureau of Economic Analysis (2021)
Economic Modeling Specialists Intl. (2022)

Tax Structure

Property Tax

Property Tax Rate (County)

$2.51

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

7.00%

County Sales Tax Rate

2.75%

Local Sales Tax Collections

(FY 2021)

$3,710,046

Local Sales Tax Collections

(FY 2020)

$3,174,277

Local Sales Tax Collections Growth

(FY 2020 - FY 2021)

16.88%

State Bond Ratings

Moody's

Aaa

Standard & Poor's

AAA

Fitch

AAA

Debt per Capita

State Debt per Capita

$992 (Lowest in U.S.)

County Debt Per Capita

$463

Sources:
Tennessee Comptroller of the Treasury (2022)
Tennessee Department of Revenue (2022)
The Tax Foundation (2022)

Labor Force

Labor Force Estimates (2022)
Tennessee
Polk

Labor Force

Tennessee: 3,352,030

Polk: 7,045

Employment

Tennessee: 3,238,559

Polk: 6,782

Unemployment

Tennessee: 113,471

Polk: 263

Unemployment Rate

Tennessee: 3.40%

Polk: 3.70%

Unemployment Rate*
Tennessee
Polk

2019

Tennessee: 3.30%

Polk: 4.00%

2020

Tennessee: 7.50%

Polk: 6.80%

2021

Tennessee: 4.50%

Polk: 4.40%

2022

Tennessee: 3.40%

Polk: 3.70%

Unemployment Rate (by percentage)

Sources:
U.S. Bureau of Labor Statistics

Industries

Industry
Employment
Establishments
Avg. Annual Wages

Mining, Quarrying, and Oil and Gas Extraction

Employment: 35

Establishments: 1

Avg. Annual Wages: $37,327

Construction

Employment: 120

Establishments: 21

Employment: $42,264

Manufacturing

Employment: 205

Establishments: 18

Employment: $39,317

Wholesale Trade

Employment: 84

Establishments: 9

Employment: $70,649

Retail Trade

Employment: 295

Establishments: 45

Employment: $32,132

Transportation and Warehousing

Employment: 30

Establishments: 4

Employment: $58,282

Finance and Insurance

Employment: 62

Establishments: 13

Employment: $52,073

Real Estate and Rental and Leasing

Employment: 67

Establishments: 6

Employment: $45,435

Professional, Scientific, and Technical Services

Employment: 50

Establishments: 24

Employment: $79,588

Administrative, Support, Waste Management and Remediation

Employment: 62

Establishments: 5

Employment: $41,274

Health Care and Social Assistance

Employment: 252

Establishments: 36

Employment: $47,397

Arts, Entertainment, and Recreation

Employment: 217

Establishments: 21

Employment: $16,622

Accommodation and Food Services

Employment: 300

Establishments: 25

Employment: $17,467

Other Services (except Public Administration)

Employment: 54

Establishments: 13

Employment: $25,053

Government

Employment: 689

Establishments: 33

Employment: $43,371

Total

Employment: 2,539

Establishments: 285

Employment: $38,285

Unique Occupations*
Employment
Location Quotient*

Psychiatric Aides

Employment: 19

Location Quotient*: 25.6

Helpers--Pipelayers, Plumbers, Pipefitters, and Steamfitters

Employment: 11

Location Quotient*: 12.89

Amusement and Recreation Attendants

Employment: 31

Location Quotient*: 5.76

Dining Room and Cafeteria Attendants and Bartender Helpers

Employment: 29

Location Quotient*: 4.37

Bus Drivers, Transit and Intercity

Employment: 12

Location Quotient*: 4.3

Key Cluster
Total Employment

Advanced Materials

0

Aerospace & Defense

0

Appliances & Electrical

0

Automotive

0

Business Services

13

Chemicals

25

Distribution & Logistics

108

Film, Music & Entertainment

0

Food & Beverage

88

Healthcare & Medical Devices

17

Top Employers

Top County Employers
Estimated Employees
City

Polk County Board of Education

Est. Employees: 322

City: Benton

Polk Conty Government

Est. Employees: 117

City: Benton

Life Care Centers of American, Inc.

Est. Employees: 103

City: Ducktown

CG Roxane Water

Est. Employees: 45

City: Benton

Polymer Components

Est. Employees: 30

City: Benton

Transportation & Logistics

Transportation

Nearest Commercial Service Airport

Chattanooga Metropolitan

Distance to Nearest Commercial Service Airport

39

Daily Flights At Nearest Commercial Service Airport

43

Nearest General Aviation Airport

Martin Campbell Field (Copperhill)

Runway Length at Nearest General Aviation Airport

3,500'

Mean Travel Time to Work (Minutes)

29.7

Access of Interstate

I-75 (13 miles)

U.S. Highways

64, 74, 411

State Highways

30, 33, 40, 68, 123, 163, 313, 314, 315

Nearest Port (From County Seat)

Chattanooga

Railroads Serving County

CSX

Sources:
Tennessee Department of Transportation
U.S. Census Bureau, 2016-2020 5-Year American Community Survey

Education

General Stats
Polk
Tennessee

Population Aged 25-64 With High School Degree Or Higher

Polk: 85.70%

Tennessee: 89.50%

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

Polk: 19.70%

Tennessee: 36.70%

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

Polk: 10.90%

Tennessee: 28.70%

High School Graduation Rate

Polk: 95%

Tennessee: 89%

College Going Rate

Polk: 47.80%

Tennessee: 63.40%

Average ACT Score

Polk: 19.4

Tennessee: 20.2

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

Elementary Schools

Enrollment: 1,033

Middle Schools

Enrollment: 549

High Schools

Enrollment: 748

Regional Higher Education Institutions
City
Enrollment

Lee University

City: Cleveland

Enrollment: 5,302

Cleveland State Community College

City: Cleveland

Enrollment: 3,327

Tennessee Wesleyan College

City: Athens

Enrollment: 1,037

Tennessee College of Applied Technology-Athens

City: Athens

Enrollment: 584

Hiwassee College

City: Madisonville

Enrollment: 283

Sources:
U.S. Census Bureau, 2017 1-Year American Community Survey,
U.S. Census Bureau, 2013-2017 5-Year American Community Survey
Tennessee Department of Education (2017-2018)
National Center for Education Statistics (2016-2017)
Tennessee Higher Education Commission

† Regional higher education institutions include those within the selected and surrounding counties.

Health & Public Safety

Doctors

Number of Doctors

14

Overweight & Obesity Prevalence

Adults*

12.30%

Children** (Grade 8)

37.60%

Regional Hospitals
Number of Beds
City

Tennova Healthcare-Cleveland

Number of Beds: 153

City: Cleveland

Starr Regional Medical Center-Athens

Number of Beds: 63

City: Athens

Sweetwater Hospital Association

Number of Beds: 59

City: Sweetwater

Tennova Healthcare-Cleveland Westside

Number of Beds: 30

City: Cleveland

Starr Regional Medical Center-Etowah

Number of Beds: 18

City: Etowah

Sources:
Tennessee Department of Health (2014)
Tennessee Bureau of Investigation (2014)

† Regional hospitals include those within the selected and surrounding counties.

Climate

Climate

Average High Temperature

70.7°F

Average Low Temperature

48.4°F

Average Annual Temperature

59.6°F

Annual Rainfall

63.59"

Elevation (at County Seat)

748'

Prevailing Winds

Southwest

Sources:
National Oceanic and Atmospheric Administration (2023)

Community Information

Benton

Population (2020)

1,526

Charter Type

Private Act

Local Option Sales Tax Rate

2.75%

City Property Tax Rate

$0.77

Phone Number

(423) 338-5733

Retire Tennessee Participant

No

Tennessee Downtowns Participant

No

Main Street Participant

No

Copperhill

Population (2020)

417

Charter Type

Private Act

Local Option Sales Tax Rate

2.25%

City Property Tax Rate

$1.14

Phone Number

(423) 496-5141

Retire Tennessee Participant

No

Tennessee Downtowns Participant

Yes

Main Street Participant

No

Ducktown

Population (2019)

478

Charter Type

General Law Manager-Commission

Local Option Sales Tax Rate

2.25%

City Property Tax Rate

$0.79

Phone Number

(423) 496-3546

Retire Tennessee Participant

No

Tennessee Downtowns Participant

Yes

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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