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:

Putnam County

County Profile Tool
Putnam County

Population & Demographics

Location

Time Zone

Central Time Zone

Grand Division

Middle Tennessee

Area (Square Miles)

401.1

County Seat

Cookeville

Metropolitan Area

North Central Tennessee nonmetropolitan area

ECD Region

Upper Cumberland

Population

Population

(2020)

79,854

Population

(2022)

80,157

Population Change

(2020 - 2022)

0.4%

Population Forecast

(2040)

95,367

Foreign Born Population

3,815

Foreign Born Persons (Percentage of Population)

4.80%

Language Other Than English Spoken At Home

5.90%

Civilian Veteran Population

4,509

Race (Percentage of Population)

White Alone

89.80%

Black or African American, alone

2.20%

American Indian And Alaska Native, alone

0.20%

Asian, alone

1.00%

Native Hawaiian or Other Pacific Islander, alone

0.00%

Some Other Race, alone

2.20%

Two or More Races

4.50%

Hispanic or Latino

6.70%

Age (Percentage of Population)
Male
Female
Total

Under 5 Years Old

Male: 5.40%

Female: 0.057

Total: 5.50%

Under 18 Years Old

Male: 20.40%

Female: 20.80%

Total: 20.60%

18-64 Years Old

Male: 65.00%

Female: 61.20%

Total: 63.10%

65 Years and Over

Male: 14.60%

Female: 18.00%

Total: 16.30%

Median Age

Male: 36.3

Female: 34

Total: 38.5

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

32,733

Homeownership Rate

60.9%

Persons Per Household

2.35

Living In Same House 1 Year & Over

83.1%

Median Home Value

$221,200

Annual Home Sales

898

Median Sale Price of Homes Sold

$299,900

Persons In Households With Income Below Poverty Level

16.3%

Total Personal Income

$3.9B

Personal Income Per Capita

$48,280

County Median Wage

$18.25

Household Income & Benefits
Percent of Household

Less Than $10,000

6.5%

$10,000 to $14,999

5.2%

$15,000 to $24,999

11.5%

$25,000 to $34,999

8.8%

$35,000 to $49,999

13.8%

$50,000 to $74,999

19.2%

$75,000 to $99,999

12.0%

$100,000 to $149,999

13.0%

$150,000 to $199,999

5.5%

$200,000 or More

4.4%

Median Household Income

$54,371

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)

$2.6600

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

2.75%

Local Sales Tax Collections

(FY 2023)

$60,065,316

Local Sales Tax Collections

(FY 2024)

$60,316,616

Local Sales Tax Collections Growth

(FY 2023 - FY 2024)

-0.42%

State Bond Ratings

Moody's

Aaa

Standard & Poor's

AAA

Fitch

AAA

Debt per Capita

State Debt per Capita

$988

County Debt Per Capita

$2,246

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

Labor Force

Labor Force Estimates (2023)
Tennessee
Putnam

Labor Force

Tennessee: 3,379,605

Putnam: 35,173

Employment

Tennessee: 3,267,935

Putnam: 33,953

Unemployment

Tennessee: 111,670

Putnam: 1,220

Unemployment Rate

Tennessee: 3.30%

Putnam: 3.50%

Unemployment Rate*
Tennessee
Putnam

2019

Tennessee: 7.40%

Putnam: 6.50%

2020

Tennessee: 4.50%

Putnam: 3.90%

2021

Tennessee: 3.40%

Putnam: 3.40%

2022

Tennessee: 3.30%

Putnam: 3.50%

Unemployment Rate (by percentage)

Sources:
U.S. Bureau of Labor Statistics

Industries

Industry
Employment
Establishments
Avg. Annual Wages

Crop and Animal Production

Employment: 12

Establishments: 3

Avg. Annual Wages: $35,740

Mining, Quarrying, and Oil and Gas Extraction

Employment: 45

Establishments: 6

Avg. Annual Wages: $56,101

Utilities

Employment: 56

Establishments: 3

Employment: $74,534

Construction

Employment: 1,918

Establishments: 176

Employment: $58,764

Manufacturing

Employment: 5,658

Establishments: 122

Employment: $54,701

Wholesale Trade

Employment: 1,273

Establishments: 125

Employment: $65,155

Retail Trade

Employment: 5,402

Establishments: 345

Employment: $35,920

Transportation and Warehousing

Employment: 2,087

Establishments: 62

Employment: $52,107

Information

Employment: 294

Establishments: 55

Employment: $59,301

Finance and Insurance

Employment: 1,415

Establishments: 123

Employment: $65,693

Real Estate and Rental and Leasing

Employment: 278

Establishments: 76

Employment: $44,968

Professional, Scientific, and Technical Services

Employment: 1,102

Establishments: 237

Employment: $62,103

Management of Companies and Enterprises

Employment: 52

Establishments: 9

Employment: $72,212

Administrative, Support, Waste Management and Remediation

Employment: 2,087

Establishments: 88

Employment: $34,821

Educational Services

Employment: 210

Establishments: 20

Employment: $33,165

Health Care and Social Assistance

Employment: 3,900

Establishments: 350

Employment: $45,088

Arts, Entertainment, and Recreation

Employment: 128

Establishments: 20

Employment: $20,079

Accommodation and Food Services

Employment: 4,181

Establishments: 195

Employment: $20,182

Other Services (except Public Administration)

Employment: 892

Establishments: 157

Employment: $31,440

Government

Employment: 8,565

Establishments: 70

Employment: $51,682

Total

Employment: 39,570

Establishments: 2,251

Employment: $46,089

Unique Occupations*
Employment
Location Quotient*

Coil Winders, Tapers, and Finishers

Employment: 52

Location Quotient*: 15.41

Woodworkers, All Other

Employment: 34

Location Quotient*: 13.06

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

Employment: 25

Location Quotient*: 12.76

Fish and Game Wardens

Employment: 20

Location Quotient*: 10.89

Rock Splitters, Quarry

Employment: 14

Location Quotient*: 10.89

Key Cluster
Total Employment

Advanced Materials

82

Aerospace & Defense

0

Appliances & Electrical

389

Automotive

1,658

Business Services

628

Chemicals

218

Distribution & Logistics

2,093

Film, Music & Entertainment

83

Food & Beverage

687

Healthcare & Medical Devices

42

Top Employers

Top County Employers
Estimated Employees
City

Cookville Regional Medical Center

Est. Employees: 2,298

City: Cookeville

Putman County School District

Est. Employees: 1,530

City: Cookeville

TN Technological University

Est. Employees: 1,100

City: Cookeville

Cummins Filtration, Inc.

Est. Employees: 670

City: Cookeville

Perdue Farms, Inc.

Est. Employees: 611

City: Monterey

FICOSA North America

Est. Employees: 600

City: Cookeville

Putnam County Government

Est. Employees: 500

City: Cookeville

City of Cookeville

Est. Employees: 496

City: Cookeville

Academy Sports and Outdoors

Est. Employees: 450

City: Cookeville

Royal Appliance Manufacturing Company

Est. Employees: 419

City: Cookeville

Transportation & Logistics

Transportation

Nearest Commercial Service Airport

Nashville International

Distance to Nearest Commercial Service Airport

72

Daily Flights At Nearest Commercial Service Airport

599

Nearest General Aviation Airport

Upper Cumberland Regional (Sparta)

Distance to Nearest General Aviation Airport

10.4

Runway Length at Nearest General Aviation Airport

6,704'

Mean Travel Time to Work (Minutes)

21.5

Access of Interstate

I-40

U.S. Highways

70

State Highways

24, 56, 62, 84, 96, 111, 135, 136, 141, 164, 290, 291

Nearest Port (From County Seat)

Lenoir City, Nashville

Railroads Serving County

Nashville and Eastern Railroad Corp.

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
Putnam
Tennessee

Population Aged 25-64 With High School Degree Or Higher

Putnam: 90.6%

Tennessee: 91.5%

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

Putnam: 34.0%

Tennessee: 41.2%

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

Putnam: 27.3%

Tennessee: 32.8%

High School Graduation Rate

Putnam: 93.1%

Tennessee: 90.6%

College Going Rate

Putnam: 53.4%

Tennessee: 56.7%

Average ACT Score

Putnam: 19.5

Tennessee: 19.0

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

Elementary Schools

Enrollment: 5,189

Middle Schools

Enrollment: 2,645

High Schools

Enrollment: 3,705

Regional Higher Education Institutions
City
Enrollment

Tennessee Technological University

City: Cookeville

Enrollment: 9,902

Tennessee College of Applied Technology-Livingston

City: Livingston

Enrollment: 1,417

Tennessee College of Applied Technology-Crossville

City: Crossville

Enrollment: 495

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

216

Overweight & Obesity Prevalence

Adults*

31.2

Children** (Grade 8)

38.9

Regional Hospitals
Number of Beds
City

Cookeville Regional Medical Center

Number of Beds: 269

City: Cookeville

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

69.2°F

Average Low Temperature

47.5°F

Average Annual Temperature

58.3°F

Annual Rainfall

61.43"

Elevation (at County Seat)

1,090'

Prevailing Winds

Southeast

Sources:
National Oceanic and Atmospheric Administration (2023)

Community Information

Algood

Population (2022)

4,228

Charter Type

Private Act

Local Option Sales Tax Rate

2.75%

City Property Tax Rate

$0.44

Phone Number

(931) 537-9545

Retire Tennessee Participant

No

Tennessee Downtowns Participant

No

Main Street Participant

No

Baxter

Population (2022)

1,546

Charter Type

Private Act

Local Option Sales Tax Rate

2.75%

City Property Tax Rate

$1.39

Phone Number

(931) 858-4111

Retire Tennessee Participant

No

Tennessee Downtowns Participant

No

Main Street Participant

No

Cookeville

Population (2019)

33,454

Charter Type

Private Act

Local Option Sales Tax Rate

2.75%

City Property Tax Rate

$0.99

Phone Number

(931) 520-5241

Retire Tennessee Participant

No

Tennessee Downtowns Participant

No

Main Street Participant

Yes

Monterey

Population (2022)

2,840

Charter Type

Private Act

Local Option Sales Tax Rate

2.75%

City Property Tax Rate

$1.36

Phone Number

(931) 839-3770

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 |
CONNECT WITH US
Partners

© Copyright 2024 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.