Official Federal Data
Lake County, Tennessee
FIPS 47095 · Population 6,579
9 Sources
Updated June 22, 2026
$28,814 ▼
Median Income
$80,734 national
5.1% ▲
Unemployment
4% national
$151M ▼
GDP
9.4% ▲
Bachelor's+
35.7% national
Small population: 6,579 residents. These figures come from the U.S. Census Bureau’s American Community Survey 5-year estimates, which carry a wide margin of error for places under 20,000 people. Read each value as an approximate range, and treat year-over-year changes as indicative rather than exact. A small shift can reflect survey sampling, not a real change on the ground.
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
$28,814 ▼
Per Capita
$16,062 ▲
Mean Household
$49,017 ▼
Poverty Rate
32.2% ▲approx.
Median Income Comparison
Lake County$28,814
Tennessee$69,595
National$80,734
Population Profile
Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
Cohorts
Under 18 · 14.9%
18-34 · 22.5%
35-54 · 32.8%
55-64 · 13.4%
65+ · 16.4%
Race & Ethnicity
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+
73%
High School+
National: 89.6%
▼ 16.6 pts
9.4%
Bachelor's+
National: 35.7%
▼ 26.3 pts
4.5%
Graduate+
National: 14.1%
▼ 9.6 pts
Employment Overview
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
6,579
Population
1,739
Labor Force
Employed
1,646
Unemployment Rate BLS LAUS 2025 annual
5.1% ▲ +0.4 pts YoY
Mean Commute 5 min below national avg
21.2 min
Work From Home vs 15.1% national
2.7%
Key Takeaways
- Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
- Elevated poverty: At 32.2%, the rate is in economically distressed territory and supports federal funding narratives (CDFI, NMTC, EDA).
- Talent gap: Bachelor's-or-higher attainment trails the national average by 26.3 pts, relevant for advanced-services attraction strategy.
- Aging population: Median age of 43 is materially above the U.S. norm; succession planning and senior-services demand are real factors.
Economy & Industry
Bureau of Labor Statistics QCEW · Bureau of Economic Analysis
Key Takeaways
- Largest sector: Retail Trade employs 126 workers, at an average wage of $34,296.
- Economic scale: Regional GDP of $151M (2024).
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration
Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.
Cluster Depth
Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Retail Trade Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
24
Cluster Employment
2.48x
Peak LQ
Concentrated Sub-Sectors
Gasoline Stations and Fuel Dealers
2.48x 24
Key Takeaways
- Top specialization: Gasoline Stations and Fuel Dealers concentrates at 2.48x the national norm.
Source: BLS QCEW sub-sector Location Quotients.
Housing & Affordability
Census ACS · HUD Fair Market Rents FY2026
Housing Overview
Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$97,900 ▲
Median Home Value vs 2019
$532 ▲
Rent/Mo
47.8% ▼
Owner-Occ
17.1% ▲
Vacancy
3.4x
Home Value to Income Ratio
vs. ~4.1x national average
HUD Fair Market Rents
Source: HUD · Fair Market Rents FY2026
Studio
$700/mo
1 Bedroom
$705/mo
2 Bedroom
$925/mo
3 Bedroom
$1,174/mo
4 Bedroom
$1,289/mo
30% of monthly median household income (~$720/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
- In line with national: Home value to income ratio of 3.4x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
- Renter-majority market: 47.8% owner-occupied; flexible labor mobility but consider home-buying pipeline if attracting families.
- Elevated vacancy: 17.1% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
- Affordable rent tiers: 2 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$720/mo).
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
4,522 ▼
Working Age (18-64) vs 2019
Mean Commute 5 min below national avg
21.2 min
Work From Home vs 15.1% national
2.7%
Prime-Age Employed (25-54)
28.9%
of prime-age population
▼ vs 2019
Education & Talent Pipeline
Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
9.4% ▲
HS Diploma+
73% ▲
Regional / Statewide Institutions
Total credentials awarded
26,245/yr
8,049/yr
4,862/yr
4,677/yr
3,604/yr
2,551/yr
2,502/yr
Aging Workforce
Source: Census Bureau ACS · Derived from age & employment tables
19.5%
55-64 of working-age population (18-64)
Workforce by Occupation
Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
24.5%
Service
35.3%
Sales & Office
11.4%
Construction / Maint.
9.4%
Production / Transport
19.4%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 1,646 employed workers.
Key Takeaways
- Low participation: 31% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
- Short commutes: 21.2-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
- 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
Lake County shows emerging potential for gasoline stations and fuel dealers attraction, with a 2.48x concentration and 24 jobs in this sub-sector.
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
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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 Lake County, Tennessee, from federal data sources.
What is the population of Lake County, Tennessee?
6,579 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Lake County, Tennessee?
$28,814 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Lake County, Tennessee?
5.1% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).
What is the GDP of Lake County, Tennessee?
$151M (U.S. Bureau of Economic Analysis, CAGDP1).
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