Assistant Commissioner, Business and Workforce Development
Time Zone
Central Time Zone
Grand Division
West Tennessee
Area (Square Miles)
455.6
County Seat
Covington
Metropolitan Area
Memphis, TN-MS-AR
ECD Region
Memphis
Population
60,970
Population
61,116
Population Change
0.2%
Population Forecast
60,346
Foreign Born Population
914
Foreign Born Persons (Percentage of Population)
1.50%
Language Other Than English Spoken At Home
3.00%
Civilian Veteran Population
4,807
White Alone
76.10%
Black or African American, alone
18.50%
American Indian And Alaska Native, alone
0.20%
Asian, alone
0.60%
Native Hawaiian or Other Pacific Islander, alone
0.00%
Some Other Race, alone
0.90%
Two or More Races
3.70%
Hispanic or Latino
2.90%
Under 5 Years Old
Male: 5.60%
Female: 0.055
Total: 5.60%
Under 18 Years Old
Male: 24.80%
Female: 23.30%
Total: 24.00%
18-64 Years Old
Male: 61.60%
Female: 60.40%
Total: 61.00%
65 Years and Over
Male: 13.60%
Female: 16.30%
Total: 15.00%
Median Age
Male: 38.4
Female: 37.2
Total: 39.2
Sources:
U.S. Census Bureau, 2018-2022 5-Year American Community Survey
U.S. Bureau of Labor Statistics
Tennessee State Data Center (2024)
Households
22,366
Homeownership Rate
75.8%
Persons Per Household
2.7
Living In Same House 1 Year & Over
89.8%
Median Home Value
$203,500
Annual Home Sales
827
Median Sale Price of Homes Sold
$262,000
Persons In Households With Income Below Poverty Level
10.8%
Total Personal Income
$3.0B
Personal Income Per Capita
$48,866
County Median Wage
$18.94
Less Than $10,000
5.2%
$10,000 to $14,999
3.8%
$15,000 to $24,999
5.9%
$25,000 to $34,999
7.3%
$35,000 to $49,999
12.9%
$50,000 to $74,999
17.9%
$75,000 to $99,999
15.2%
$100,000 to $149,999
18.8%
$150,000 to $199,999
7.4%
$200,000 or More
5.5%
Median Household Income
$70,674
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)
Property Tax Rate (County)
$1.5217
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 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None (Hall Income tax was fully repealed January 1, 2021)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
State Sales Tax Rate
7.0%
County Sales Tax Rate
2.25% - 2.75%
Local Sales Tax Collections
$18,310,087
Local Sales Tax Collections
$18,207,822
Local Sales Tax Collections Growth
0.56%
Moody's
Aaa
Standard & Poor's
AAA
Fitch
AAA
State Debt per Capita
$988
County Debt Per Capita
N/A
Sources:
Tennessee Comptroller of the Treasury (2024)
Tennessee Department of Revenue (2024)
The Tax Foundation (2024)
Labor Force
Tennessee: 3,379,605
Tipton: 27,320
Employment
Tennessee: 3,267,935
Tipton: 26,290
Unemployment
Tennessee: 111,670
Tipton: 1030
Unemployment Rate
Tennessee: 3.30%
Tipton: 3.80%
2019
Tennessee: 7.40%
Tipton: 6.70%
2020
Tennessee: 4.50%
Tipton: 4.50%
2021
Tennessee: 3.40%
Tipton: 3.60%
2022
Tennessee: 3.30%
Tipton: 3.80%
Sources:
U.S. Bureau of Labor Statistics
Crop and Animal Production
Employment: 74
Establishments: 14
Avg. Annual Wages: $37,479
Utilities
Employment: 29
Establishments: 2
Employment: $80,955
Construction
Employment: 1,448
Establishments: 112
Employment: $66,914
Manufacturing
Employment: 2,115
Establishments: 36
Employment: $57,441
Wholesale Trade
Employment: 300
Establishments: 46
Employment: $63,065
Retail Trade
Employment: 1,651
Establishments: 139
Employment: $30,344
Transportation and Warehousing
Employment: 337
Establishments: 21
Employment: $54,863
Information
Employment: 30
Establishments: 15
Employment: $57,422
Finance and Insurance
Employment: 264
Establishments: 58
Employment: $70,832
Real Estate and Rental and Leasing
Employment: 64
Establishments: 26
Employment: $45,512
Professional, Scientific, and Technical Services
Employment: 237
Establishments: 63
Employment: $55,618
Management of Companies and Enterprises
Employment: 24
Establishments: 3
Employment: $77,182
Administrative, Support, Waste Management and Remediation
Employment: 836
Establishments: 50
Employment: $37,937
Educational Services
Employment: 280
Establishments: 4
Employment: $55,163
Health Care and Social Assistance
Employment: 1,085
Establishments: 106
Employment: $48,115
Arts, Entertainment, and Recreation
Employment: 68
Establishments: 8
Employment: $14,138
Accommodation and Food Services
Employment: 1,023
Establishments: 75
Employment: $16,976
Other Services (except Public Administration)
Employment: 189
Establishments: 54
Employment: $39,370
Government
Employment: 2,490
Establishments: 44
Employment: $43,775
Total
Employment: 12,571
Establishments: 883
Employment: $46,409
Tire Builders
Employment: 27
Location Quotient*: 17.37
Food Cooking Machine Operators and Tenders
Employment: 41
Location Quotient*: 16.04
Airfield Operations Specialists
Employment: 16
Location Quotient*: 12.37
Brickmasons and Blockmasons
Employment: 49
Location Quotient*: 10.58
Reinforcing Iron and Rebar Workers
Employment: 15
Location Quotient*: 10.35
Advanced Materials
49
Aerospace & Defense
0
Appliances & Electrical
0
Automotive
112
Business Services
114
Chemicals
41
Distribution & Logistics
532
Film, Music & Entertainment
0
Food & Beverage
1,061
Healthcare & Medical Devices
152
Tipton County School District
Est. Employees: 1,345
City: Covington
Unilever Manufacturing (US), Inc.
Est. Employees: 700
City: Covington
Baptist Memorial Hospital
Est. Employees: 499
City: Covington
Jay-Ton Construction Company, Inc.
Est. Employees: 465
City: Burlison
Walmart Inc.
Est. Employees: 335
City: Covington
Charms LP
Est. Employees: 300
City: Covington
Tipton County Government
Est. Employees: 252
City: Covington
United States Cold Storage
Est. Employees: 204
City: Covington
The Delfield Company
Est. Employees: 200
City: Covington
Town of Munford
Est. Employees: 171
City: Munford
Nearest Commercial Service Airport
Memphis International
Distance to Nearest Commercial Service Airport
50
Daily Flights At Nearest Commercial Service Airport
494
Nearest General Aviation Airport
Covington Municipal
Runway Length at Nearest General Aviation Airport
5,004'
Mean Travel Time to Work (Minutes)
33.4
Access of Interstate
I-40 (6 miles)
U.S. Highways
51, 70, 79
State Highways
1, 3, 14, 54, 59, 178, 179, 206, 384
Nearest Port (From County Seat)
Memphis
Railroads Serving County
CSX, Illinois Central Railroad
Sources:
Tennessee Department of Transportation
Federal Aviation Administration, Aeronautical Data (2024)
U.S. Census Bureau, 2018-2022 5-Year American Community Survey
Population Aged 25-64 With High School Degree Or Higher
Tipton: 90.3%
Tennessee: 91.5%
Population Aged 25-64 With Associate's Degree Or Higher
Tipton: 30.6%
Tennessee: 41.2%
Population Aged 25-64 With Bachelor's Degree Or Higher
Tipton: 19.8%
Tennessee: 32.8%
High School Graduation Rate
Tipton: 93.5%
Tennessee: 90.6%
College Going Rate
Tipton: 57.1%
Tennessee: 56.7%
Average ACT Score
Tipton: 19.4
Tennessee: 19.0
Elementary Schools
Enrollment: 4,462
Middle Schools
Enrollment: 2,313
High Schools
Enrollment: 3,091
Tennessee College of Applied Technology-Covington
City: Covington
Enrollment: 364
University of Memphis
City: Memphis
Enrollment: 21,917
Southwest Tennessee Community College
City: Memphis
Enrollment: 6,443
Christian Brothers University
City: Memphis
Enrollment: 1,934
Rhodes College
City: Memphis
Enrollment: 2,008
Tennessee College of Applied Technology-Memphis
City: Memphis
Enrollment: 1,547
Baptist Health Sciences University
City: Memphis
Enrollment: 797
Le Moyne-Owen College
City: Memphis
Enrollment: 609
Southern College of Optometry
City: Memphis
Enrollment: 532
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.
Number of Doctors
34
Adults*
39.3
Children** (Grade 8)
37.4
Baptist Memorial Hospital-Tipton
Number of Beds: 100
City: Covington
{63}
Number of Beds: {65}
City: {64}
{66}
Number of Beds: {68}
City: {67}
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.
Average High Temperature
71.8°F
Average Low Temperature
51.5°F
Average Annual Temperature
61.6°F
Annual Rainfall
56.49"
Elevation (at County Seat)
310'
Prevailing Winds
South-Southwest
Sources:
National Oceanic and Atmospheric Administration (2023)
Population (2022)
9,241
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$0.98
Phone Number
(901) 837-5300
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2022)
2,928
Charter Type
Private Act
Local Option Sales Tax Rate
2.25%
City Property Tax Rate
$0.86
Phone Number
(901) 476-8661
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2019)
348
Charter Type
General Law Manager-Commission
Local Option Sales Tax Rate
2.25%
Phone Number
(901) 475-9068
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2022)
8,857
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.24
Phone Number
(901) 476-9613
Retire Tennessee Participant
No
Tennessee Downtowns Participant
Yes
Main Street Participant
No
Population (2022)
316
Charter Type
Private Act
Local Option Sales Tax Rate
2.25%
Phone Number
(901) 476-7485
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2022)
436
Charter Type
General Law Manager-Commission
Local Option Sales Tax Rate
2.25%
Phone Number
(901) 476-9402
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2019)
1,242
Charter Type
Private Act
Local Option Sales Tax Rate
2.25%
City Property Tax Rate
$1.46
Phone Number
(901) 294-3525
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
Population (2022)
6,034
Charter Type
Private Act
Local Option Sales Tax Rate
2.75%
City Property Tax Rate
$1.17
Phone Number
(901) 837-5955
Retire Tennessee Participant
No
Tennessee Downtowns Participant
No
Main Street Participant
No
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