Official Federal Data
Morgan County, Tennessee
FIPS 47129 · Knoxville, TN · Population 21,361
9 Sources
Updated June 22, 2026
$65,954 ▲
Median Income
$80,734 national
4%
Unemployment
4% national
$461M ▲
GDP
13.6% ▲
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
$65,954 ▲
Per Capita
$32,330 ▲
Mean Household
$86,030 ▲
Poverty Rate
15.1% ▼
Median Income Comparison
Morgan County$65,954
Tennessee$69,595
National$80,734
Population Profile
Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
Cohorts
Under 18 · 18.9%
18-34 · 21.8%
35-54 · 26.9%
55-64 · 13.6%
65+ · 18.8%
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+
85.5%
High School+
National: 89.6%
▼ 4.1 pts
13.6%
Bachelor's+
National: 35.7%
▼ 22.1 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
21,361
Population
8,331
Labor Force
Employed
7,859
Unemployment Rate BLS LAUS 2025 annual
4%
Mean Commute 9 min above national avg
35.5 min
Work From Home vs 15.1% national
6.5%
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 15.1%, 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 22.1 pts, relevant for advanced-services attraction strategy.
- Aging population: Median age of 42 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: Manufacturing employs 273 workers (28.3% of tracked sectors), at an average wage of $63,101.
- Economic scale: Regional GDP of $461M (2024).
- Wage stratification: Wholesale Trade averages $105,559 while Arts, Entertainment, and Recreation averages $24,268, a 4.3x 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.
Cluster Depth
Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Manufacturing Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
56
Cluster Employment
1.94x
Peak LQ
Concentrated Sub-Sectors
Gasoline Stations and Fuel Dealers
2.40x 51
Fabricated Metal Product Manufacturing
1.94x 56
Attraction Opportunities
LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
Key Takeaways
- Top specialization: Gasoline Stations and Fuel Dealers concentrates at 2.40x the national norm.
- Attraction whitespace: 5 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
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
$166,300 ▲
Median Home Value vs 2019
$770 ▲
Rent/Mo
84.9% ▲
Owner-Occ
16.1% ▲
Vacancy
2.5x
Home Value to Income Ratio - Affordable
vs. ~4.1x national average
HUD Fair Market Rents
Source: HUD · Fair Market Rents FY2026
Studio
$748/mo
1 Bedroom
$753/mo
2 Bedroom
$988/mo
3 Bedroom
$1,303/mo
4 Bedroom
$1,308/mo
30% of monthly median household income (~$1,649/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
- Affordable market: Home value to income ratio of 2.5x is well below the ~4.1x national average; supports talent attraction and family settlement narratives.
- High home ownership: 84.9% owner-occupied; rental supply may be tight for incoming workers.
- Elevated vacancy: 16.1% 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.
- Broadly affordable rents: All 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,649/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
13,312 ▼
Working Age (18-64) vs 2019
Mean Commute 9 min above national avg
35.5 min
Work From Home vs 15.1% national
6.5%
Prime-Age Employed (25-54)
58.4%
of prime-age population
▲ vs 2019
Education & Talent Pipeline
Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
13.6% ▲
HS Diploma+
85.5% ▲
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
21.9%
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
32.8%
Service
18.2%
Sales & Office
17%
Construction / Maint.
18.3%
Production / Transport
13.7%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 7,859 employed workers.
Key Takeaways
- Low participation: 48.1% labor force participation suggests untapped capacity; workforce development programs may unlock supply.
- 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
Morgan County shows emerging potential for gasoline stations and fuel dealers attraction, with a 2.40x concentration and 51 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 Morgan County, Tennessee, from federal data sources.
What is the population of Morgan County, Tennessee?
21,361 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Morgan County, Tennessee?
$65,954 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Morgan County, Tennessee?
4% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).
What is the GDP of Morgan County, Tennessee?
$461M (U.S. Bureau of Economic Analysis, CAGDP1).
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