ExecutivePulse
Official Federal Data

Montgomery County, Tennessee

FIPS 47125 · Clarksville, TN-KY · Population 234,153
9 Sources Updated June 22, 2026
$75,613
Median Income
$80,734 national
3.7%
Unemployment
4% national
$9.4B
GDP
31.1%
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
$75,613
Per Capita
$34,949
Mean Household
$91,158
Poverty Rate
11.3%
Median Income Comparison
Montgomery County$75,613
Tennessee$69,595
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 10% (23,428 residents) 55-64: 9.5% (22,232 residents) 35-54: 25% (58,553 residents) 18-34: 28.7% (67,255 residents) Under 18: 26.8% (62,685 residents) 32 Median Age
Cohorts
Under 18 · 26.8%
18-34 · 28.7%
35-54 · 25%
55-64 · 9.5%
65+ · 10%
Race & Ethnicity
White62.7%
Black or African American19.5%
Asian2.6%
Hispanic or Latino(any race)11.4%
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+
94.4%
High School+
National: 89.6%
▲ +4.8 pts
31.1%
Bachelor's+
National: 35.7%
▼ 4.6 pts
11.9%
Graduate+
National: 14.1%
▼ 2.2 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
234,153
Population
119,956
Labor Force
Employed
101,525
Unemployment Rate BLS LAUS 2025 annual
3.7% ▲ +0.2 pts YoY
Mean Commute 1 min above national avg
27.8 min
Work From Home vs 15.1% national
8.5%
Key Takeaways
  • Young population: Median age of 32 is materially below the U.S. norm, a workforce pipeline asset.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$9.4B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Montgomery County, Tennessee, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Retail Trade
9,828 21.2%
$38,788
2Accommodation and Food Services
8,665 18.7%
$22,997
3Health Care and Social Assistance
7,833 16.9%
$55,137
4Manufacturing
7,376 15.9%
$68,398
5Construction
3,048 6.6%
$73,992
6Administrative and Support and Waste Management
2,574 5.6%
$49,144
7Transportation and Warehousing
2,183 4.7%
$68,160
8Professional, Scientific, and Technical Services
2,053 4.4%
$78,061
9Other Services (except Public Administration)
1,397 3.0%
$42,229
10Finance and Insurance
1,380 3.0%
$80,641
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Key Takeaways
  • Largest sector: Retail Trade employs 9,828 workers (21.2% of tracked sectors), at an average wage of $38,788.
  • Economic scale: Regional GDP of $9.4B (2024).
  • Wage stratification: Finance and Insurance averages $80,641 while Accommodation and Food Services averages $22,997, a 3.5x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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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).
Electrical Equipment, Appliance Manufacturing
5.44x
994
Nonmetallic Mineral Product Manufacturing
4.20x
733
General Merchandise Retailers
2.05x
2,792
Publishing Industries and Telecommunications
2.00x
757
Beverage and Tobacco Product Manufacturing
1.99x
276
1.70x
164
Motor Vehicle and Parts Dealers
1.69x
1,459
Computing Infrastructure Providers and Data Processing
1.65x
337
Food Services and Drinking Places
1.59x
8,160
Waste Management and Remediation Services
1.50x
327

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Accommodation & Food Services Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
8,160
Cluster Employment
1.59x
Peak LQ
Concentrated Sub-Sectors
Electrical Equipment, Appliance Manufacturing
5.44x 994
Nonmetallic Mineral Product Manufacturing
4.20x 733
General Merchandise Retailers
2.05x 2,792
Publishing Industries and Telecommunications
2.00x 757
Beverage and Tobacco Product Manufacturing
1.99x 276
1.70x 164
Motor Vehicle and Parts Dealers
1.69x 1,459
Computing Infrastructure Providers and Data Processing
1.65x 337
Food Services and Drinking Places
1.59x 8,160
Waste Management and Remediation Services
1.50x 327

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.13x
Food Manufacturing
96 employed
0.21x
Chemical Manufacturing
79 employed
0.30x
Miscellaneous Manufacturing
78 employed
0.30x
Management of Companies and Enterprises
335 employed
Key Takeaways
  • Top specialization: Electrical Equipment, Appliance Manufacturing concentrates at 5.44x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 10 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.
Montgomery 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
$280,200
Median Home Value vs 2019
$1,308
Rent/Mo
61.9%
Owner-Occ
6.1%
Vacancy
3.7x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$1,090/mo
1 Bedroom
$1,094/mo
2 Bedroom
$1,346/mo
3 Bedroom
$1,871/mo
4 Bedroom
$2,258/mo
30% of monthly median household income (~$1,890/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 3.7x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
  • Affordable rent tiers: 4 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,890/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
148,040
Working Age (18-64) vs 2019
Mean Commute 1 min above national avg
27.8 min
Work From Home vs 15.1% national
8.5%
Prime-Age Employed (25-54)
69.8%
of prime-age population
Labor force participation rate: 70% of working-age population (18-64) 70% Participation
▲ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
31.1%
HS Diploma+
94.4%
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
15%
55-64 of working-age population (18-64)

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
37.7%
Service
17.3%
Sales & Office
20.6%
Construction / Maint.
9.2%
Production / Transport
15.3%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 101,525 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

Montgomery County shows strong potential for electrical equipment, appliance manufacturing attraction, with a 5.44x concentration and 994 jobs in this sub-sector. It ranks in the top decile nationally.

The interconnected base across electrical equipment, appliance manufacturing, nonmetallic mineral product manufacturing, and general merchandise 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 Montgomery County, Tennessee, from federal data sources.

What is the population of Montgomery County, Tennessee?

234,153 (U.S. Census Bureau, ACS 5-Year Estimates).

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

$75,613 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Montgomery County, Tennessee?

3.7% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Montgomery County, Tennessee?

$9.4B (U.S. Bureau of Economic Analysis, CAGDP1).