ExecutivePulse
Official Federal Data

Bedford County, Tennessee

FIPS 47003 · Shelbyville, TN · Population 52,237
9 Sources Updated June 22, 2026
$67,225
Median Income
$80,734 national
3.4%
Unemployment
4% national
25,880
Labor Force
17.2%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$67,225
Per Capita
$32,163
Mean Household
$86,190
Poverty Rate
12.6%
Median Income Comparison
Bedford County$67,225
Tennessee$69,595
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 14.8% (7,757 residents) 55-64: 12.3% (6,417 residents) 35-54: 25.5% (13,336 residents) 18-34: 22% (11,490 residents) Under 18: 25.3% (13,237 residents) 38 Median Age
Cohorts
Under 18 · 25.3%
18-34 · 22%
35-54 · 25.5%
55-64 · 12.3%
65+ · 14.8%
Race & Ethnicity
White75.3%
Black or African American6.4%
Asian0.8%
Hispanic or Latino(any race)16%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
85.3%
High School+
National: 89.6%
▼ 4.3 pts
17.2%
Bachelor's+
National: 35.7%
▼ 18.5 pts
5.1%
Graduate+
National: 14.1%
▼ 9.0 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
52,237
Population
25,880
Labor Force
Employed
24,781
Unemployment Rate BLS LAUS 2025 annual
3.4% ▲ +0.3 pts YoY
Mean Commute 2 min above national avg
28.4 min
Work From Home vs 15.1% national
10.5%
Key Takeaways
  • Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 18.5 pts, relevant for advanced-services attraction strategy.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Bedford County, Tennessee, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Manufacturing
3,516 26.9%
$59,714
2Retail Trade
1,988 15.2%
$39,475
3Transportation and Warehousing
1,869 14.3%
$68,570
4Accommodation and Food Services
1,241 9.5%
$22,366
5Construction
1,198 9.2%
$90,696
6Health Care and Social Assistance
1,167 8.9%
$53,280
7Administrative and Support and Waste Management
979 7.5%
$42,489
8Other Services (except Public Administration)
504 3.9%
$43,267
9Finance and Insurance
327 2.5%
$77,459
10Information
285 2.2%
$64,229
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Key Takeaways
  • Largest sector: Manufacturing employs 3,516 workers (26.9% of tracked sectors), at an average wage of $59,714.
  • Wage stratification: Construction averages $90,696 while Accommodation and Food Services averages $22,366, a 4.1x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Truck Transportation
6.19x
992
Transportation Equipment Manufacturing
3.81x
718
Health and Personal Care Retailers
3.39x
389
Repair and Maintenance
2.69x
425
1.95x
4,780
Merchant Wholesalers, Nondurable Goods
1.72x
410
Specialty Trade Contractors
1.63x
921
Building Material and Garden Supply Retailers
1.58x
234
Furniture and Related Product Manufacturing
1.55x
56

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Goods-Producing Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
4,780
Cluster Employment
1.95x
Peak LQ
Concentrated Sub-Sectors
Truck Transportation
6.19x 992
Transportation Equipment Manufacturing
3.81x 718
Health and Personal Care Retailers
3.39x 389
Repair and Maintenance
2.69x 425
1.95x 4,780
Merchant Wholesalers, Nondurable Goods
1.72x 410
Specialty Trade Contractors
1.63x 921
Building Material and Garden Supply Retailers
1.58x 234
Furniture and Related Product Manufacturing
1.55x 56

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.26x
Amusement, Gambling, and Recreation Industries
53 employed
0.30x
Real Estate
59 employed
0.30x
Ambulatory Health Care Services
293 employed
0.33x
Merchant Wholesalers, Durable Goods
121 employed
Key Takeaways
  • Top specialization: Truck Transportation concentrates at 6.19x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 9 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
Bedford County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$281,200
Median Home Value vs 2019
$1,051
Rent/Mo
71.9%
Owner-Occ
4.8%
Vacancy
4.2x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$796/mo
1 Bedroom
$928/mo
2 Bedroom
$1,017/mo
3 Bedroom
$1,414/mo
4 Bedroom
$1,641/mo
30% of monthly median household income (~$1,681/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 4.2x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • High home ownership: 71.9% owner-occupied; rental supply may be tight for incoming workers.
  • Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,681/mo), a clear cost-of-living advantage for workforce attraction.
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
31,243
Working Age (18-64) vs 2019
Mean Commute 2 min above national avg
28.4 min
Work From Home vs 15.1% national
10.5%
Prime-Age Employed (25-54)
81%
of prime-age population
Labor force participation rate: 66.4% of working-age population (18-64) 66% Participation
▲ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
17.2%
HS Diploma+
85.3%
Regional / Statewide Institutions
Total credentials awarded
26,245/yr
The University of Tennessee-Knoxville 8,049/yr
University of Memphis 4,862/yr
Middle Tennessee State University 4,677/yr
East Tennessee State University 3,604/yr
The University of Tennessee-Chattanooga 2,551/yr
Tennessee Technological University 2,502/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
20.5%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
29%
Service
15.3%
Sales & Office
16.9%
Construction / Maint.
15.4%
Production / Transport
23.2%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 24,781 employed workers.
Key Takeaways
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 17,588 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Bedford County shows strong potential for truck transportation attraction, with a 6.19x concentration and 992 jobs in this sub-sector. It ranks in the top decile nationally.

The interconnected base across truck transportation, transportation equipment manufacturing, and health and personal care retailers creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Bedford County, Tennessee, from federal data sources.

What is the population of Bedford County, Tennessee?

52,237 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Bedford County, Tennessee?

$67,225 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Bedford County, Tennessee?

3.4% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).