Cannon County, Tennessee: commercial real estate data.
Cannon County, Tennessee has a population of 14,818 across 266 square miles, up 4.4 percent since the 2020 census base. County output reached $430.6 m in 2024, 241 establishments operate here, and the SBA record carries 6 7(a) approvals worth $1.2 m.
107 sourced county values · tier FULL · 11 sections
Cannon County
How many people live in Cannon County
- Population14,818
- Households5,776
- Average household size2.57
- Median household income$59,443
- Median age40.0
- Median gross rent$908 per month
- Median owner-occupied home value$252,000
- Home value to household income4.2 times
- Annual rent as a share of median income18.3 percent
- Adults 25 and over with a bachelor degree or higher16.8 percent
- Adults 25 and over with a graduate degree5.7 percent
- Adults 25 and over10,473
- Population under 183,372
- Share under 1822.8 percent
- Population 65 and over2,625
- Share 65 and over17.7 percent
- Working age population, 18 to 648,821
- Civilian labor force6,607
- Unemployment rate2.8 percent
- Labor force participation, adults 18 and over57.7 percent
- Rank by population among Tennessee counties79th of 95
- Rank by population among US county-equivalents2172nd
Cannon County is the 79th largest of 95 Tennessee counties by population. A median home costs 4.2 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 22.8 percent against 17.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Cannon County
Is Cannon County growing
- Population change since the 2020 census base4.41 percent
- Census 2020 base population14,503
- Births, 2024173
- Deaths, 2024206
- Natural change, 2024-33
- Net domestic migration, 2024117
- Net international migration, 20245
- Total net migration, 2024122
- Cumulative net domestic migration, 2021 to 2024672
- Rank by growth among US county-equivalents626th
The county has grown 4.41 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Cannon County
Where people moving to Cannon County come from
- Tax returns filed by households arriving490
- People arriving, from those returns937
- Adjusted gross income arriving$26.1 m
- Net adjusted gross income movement$0
- Average income of an arriving household$53,178
- Largest single originCannon County Non-migrants (5,180 households)
- Largest single destination (5,180 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Cannon County Non-migrants | 5,180 | 10,692 | $324.7 m |
| Rutherford County | 204 | 395 | $11.4 m |
| Other flows - Same State | 98 | 190 | $4.9 m |
| Other flows - Different State | 97 | 187 | $6.8 m |
| Other flows - South | 38 | 78 | $2.5 m |
| Coffee County | 35 | 71 | $1.5 m |
| Other flows - West | 32 | 61 | $2.1 m |
| Warren County | 31 | 59 | $591,000 |
The largest single source of arrivals is Cannon County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Cannon County
What the Cannon County economy runs on
- County GDP, 2024$430.6 m
- County GDP, 2023$413.7 m
- GDP change, 2023 to 20244.1 percent
- GDP change over five years46.0 percent
- Rank by GDP among Tennessee counties83rd
- Rank by GDP among US county-equivalents2499th
- GDP per resident$29,056
Output grew 4.1 percent in the latest year and 46.0 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Cannon County
Who employs people in Cannon County
- Covered employment, annual average2,339
- Establishments reporting299
- Average annual pay$47,444
- Average weekly wage$912
- Sector 48-49, employment294
- Sector 48-49, average annual pay$63,929
- Sector 44-45, employment252
- Sector 44-45, average annual pay$28,402
- Sector 31-33, employment168
- Sector 31-33, average annual pay$52,110
- Sector 72, employment156
- Sector 72, average annual pay$18,379
- Sector 52, employment113
- Sector 23, employment110
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 48-49 | 294 | 24 | $63,929 |
| Sector 44-45 | 252 | 44 | $28,402 |
| Sector 31-33 | 168 | 14 | $52,110 |
| Sector 72 | 156 | 15 | $18,379 |
| Sector 52 | 113 | 14 | $61,675 |
| Sector 23 | 110 | 39 | $46,477 |
| Sector 81 | 69 | 21 | $44,837 |
| Sector 54 | 53 | 22 | $38,485 |
The largest sector is the biggest private employer group at 294 jobs, 12.6 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Cannon County
What businesses operate in Cannon County
- Establishments, all industries241
- Employment at those establishments1,716
- Annual payroll$72.2 m
- Establishments per 1,000 residents16.3
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Cannon County
What is being built in Cannon County
- Housing units authorised by permit, 2024157
- Declared construction value permitted$36.7 m
- Single family units authorised157
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$234,026
- Units authorised per 1,000 households27.2
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Cannon County
How much SBA lending happens in Cannon County
- 7(a) approvals recorded6
- 7(a) gross approval dollars$1.2 m
- Average 7(a) approval$197,250
- Median 7(a) approval$207,000
- 10th percentile approval$50,000
- 90th percentile approval$461,500
- Largest single approval$461,500
- Jobs reported supported, 7(a)23
- Jobs per approval3.8
- Distinct 7(a) lenders active4
- Distinct industries receiving approvals5
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer33.3 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter4
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countMachine Shops (2)
- Most active lenderOld National Bank (2)
The average approval of $197,250 sits close to the median of $207,000, so lending here is fairly evenly sized rather than driven by a few large deals. 33.3 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Cannon County
Do SBA loans in Cannon County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure3
- Status: Cancelled2
- Status: Committed, not yet disbursed1
Too few loans have reached a final outcome to publish a charge off rate. only 0 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Cannon County
Which parts of Cannon County get the lending
- Places in the county with recorded lending3
- WOODBURY, approvals3
- BRADYVILLE, approvals2
- Readyville, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| WOODBURY | 3 | $908,500 |
| BRADYVILLE | 2 | $125,000 |
| Readyville | 1 | $150,000 |
WOODBURY accounts for 3 approvals against 2 in BRADYVILLE. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Cannon County
How big is Cannon County
- Land area266 sq mi
- Rank by land area among Tennessee counties83rd of 95
- Width, east to west18.1 mi
- Height, north to south20.8 mi
- Geographies sharing a boundary5
- Residents per square mile of land56
- Establishments per square mile0.91
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No 504 approvals recorded in this county in the FOIA release covering FY2010 onward.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Cannon County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Cannon County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population14,818
- Households5,776
- Average household size2.57
- Median household income$59,443
- Median age40.0
Common questions
Cannon County questions, answered from the record.
How many people live in Cannon County, Tennessee?
14,818, in 5,776 households, ranking 79th of 95 Tennessee counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Cannon County growing?
The population has grown 4.41 percent since the 2020 census base. In 2024 there were 173 births against 206 deaths, with net migration of 122. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Cannon County?
$59,443. The median owner-occupied home is valued at $252,000, which is 4.2 times income, and median gross rent is $908 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Cannon County?
241 establishments, employing 1,716 people with an annual payroll of $72.2 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Cannon County?
Average annual pay is $47,444, or $912 a week, across 2,339 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Cannon County?
6 7(a) approvals totalling $1.2 m since FY2020, across 4 lenders, with a median approval of $207,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Cannon County?
157 housing units were authorised by permit in 2024, with a declared construction value of $36.7 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Cannon County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Cannon County come from?
The largest single origin is Cannon County Non-migrants, with 5,180 households. Arriving households report an average income of $53,178 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Cannon County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Cannon County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.