Cheatham County, Tennessee: commercial real estate data.
Cheatham County, Tennessee has a population of 41,829 across 302 square miles, up 3.9 percent since the 2020 census base. County output reached $1.92 bn in 2024, 714 establishments operate here, and the SBA record carries 23 7(a) approvals worth $7.4 m.
121 sourced county values · tier FULL · 11 sections
Cheatham County
How many people live in Cheatham County
- Population41,829
- Households16,279
- Average household size2.57
- Median household income$89,852
- Median age41.5
- Median gross rent$1,345 per month
- Median owner-occupied home value$338,700
- Home value to household income3.8 times
- Annual rent as a share of median income18.0 percent
- Adults 25 and over with a bachelor degree or higher26.6 percent
- Adults 25 and over with a graduate degree9.2 percent
- Adults 25 and over29,885
- Population under 188,963
- Share under 1821.4 percent
- Population 65 and over6,682
- Share 65 and over16.0 percent
- Working age population, 18 to 6426,184
- Civilian labor force22,491
- Unemployment rate4.3 percent
- Labor force participation, adults 18 and over68.4 percent
- Rank by population among Tennessee counties39th of 95
- Rank by population among US county-equivalents1170th
Cheatham County is the 39th largest of 95 Tennessee counties by population. A median home costs 3.8 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 21.4 percent against 16.0 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Cheatham County
Is Cheatham County growing
- Population change since the 2020 census base3.86 percent
- Census 2020 base population41,021
- Births, 2024446
- Deaths, 2024510
- Natural change, 2024-64
- Net domestic migration, 2024350
- Net international migration, 202473
- Total net migration, 2024423
- Cumulative net domestic migration, 2021 to 20241,634
- Rank by growth among US county-equivalents712th
The county has grown 3.86 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.
Cheatham County
Where people moving to Cheatham County come from
- Tax returns filed by households arriving1,703
- People arriving, from those returns2,986
- Adjusted gross income arriving$121.7 m
- Net adjusted gross income movement$0
- Average income of an arriving household$71,437
- Largest single originCheatham County Non-migrants (15,921 households)
- Largest single destination (15,921 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Cheatham County Non-migrants | 15,921 | 32,141 | $1.17 bn |
| Davidson County | 592 | 960 | $43.5 m |
| Other flows - Different State | 461 | 842 | $40.7 m |
| Other flows - South | 203 | 342 | $12.9 m |
| Montgomery County | 181 | 353 | $10.1 m |
| Other flows - West | 122 | 253 | $15.3 m |
| Other flows - Same State | 105 | 168 | $5.5 m |
| Other flows - Midwest | 100 | 182 | $9.5 m |
The largest single source of arrivals is Cheatham 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.
Cheatham County
What the Cheatham County economy runs on
- County GDP, 2024$1.92 bn
- County GDP, 2023$1.76 bn
- GDP change, 2023 to 20249.1 percent
- GDP change over five years52.7 percent
- Rank by GDP among Tennessee counties37th
- Rank by GDP among US county-equivalents1315th
- GDP per resident$45,929
Output grew 9.1 percent in the latest year and 52.7 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.
Cheatham County
Who employs people in Cheatham County
- Covered employment, annual average9,759
- Establishments reporting995
- Average annual pay$59,841
- Average weekly wage$1,151
- Sector 31-33, employment2,753
- Sector 31-33, average annual pay$78,733
- Sector 44-45, employment1,042
- Sector 44-45, average annual pay$33,997
- Sector 23, employment908
- Sector 23, average annual pay$72,505
- Sector 72, employment852
- Sector 72, average annual pay$21,666
- Sector 48-49, employment433
- Sector 54, employment313
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 2,753 | 71 | $78,733 |
| Sector 44-45 | 1,042 | 93 | $33,997 |
| Sector 23 | 908 | 152 | $72,505 |
| Sector 72 | 852 | 69 | $21,666 |
| Sector 48-49 | 433 | 44 | $58,254 |
| Sector 54 | 313 | 128 | $83,402 |
| Sector 81 | 190 | 55 | $56,723 |
| Sector 52 | 183 | 48 | $70,001 |
The largest sector is the biggest private employer group at 2,753 jobs, 28.2 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.
Cheatham County
What businesses operate in Cheatham County
- Establishments, all industries714
- Employment at those establishments7,649
- Annual payroll$382.4 m
- Establishments per 1,000 residents17.1
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.
Cheatham County
What is being built in Cheatham County
- Housing units authorised by permit, 2024275
- Declared construction value permitted$76.7 m
- Single family units authorised275
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$278,909
- Units authorised per 1,000 households16.9
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Cheatham County
How much SBA lending happens in Cheatham County
- 7(a) approvals recorded23
- 7(a) gross approval dollars$7.4 m
- Average 7(a) approval$319,748
- Median 7(a) approval$108,000
- 10th percentile approval$29,900
- 90th percentile approval$754,900
- Largest single approval$1,745,000
- Jobs reported supported, 7(a)120
- Jobs per approval5.2
- Distinct 7(a) lenders active12
- Distinct industries receiving approvals17
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer26.1 percent
- Loans on real estate terms6
- Loans on working capital terms, 120 months or shorter17
- Franchise loans1
- Franchise share of approvals4.3 percent
- Leading industry by approval countElectrical Contractors and Other Wiring Installation Contractors (4)
- Most active lenderU.S. Bank, National Association (8)
- 504 approvals recorded3
- 504 gross approval dollars$2.0 m
- Average 504 approval$676,667
- Median 504 approval$337,000
- Distinct CDCs active1
- 504 jobs per approval8.3
- 504 jobs per million dollars approved12.3
- Most active CDCMid-Cumberland Area Development Corporation (3)
- 7(a) share of SBA approvals88.5 percent
- Combined SBA approval dollars$9.4 m
The average approval of $319,748 sits well above the median of $108,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 26.1 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Cheatham County
Do SBA loans in Cheatham County get paid back
- Loans with a final outcome recorded3
- Paid in full3
- Charged off0
- Status: Paid in full3
- Status: Exempt from disclosure13
- Status: Cancelled2
- Status: Committed, not yet disbursed5
Too few loans have reached a final outcome to publish a charge off rate. only 3 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.
Cheatham County
Which parts of Cheatham County get the lending
- Places in the county with recorded lending7
- ASHLAND CITY, approvals7
- KINGSTON SPRINGS, approvals4
- PLEASANT VIEW, approvals3
- PEGRAM, approvals3
- JOELTON, approvals3
- CHAPMANSBORO, approvals2
| Place | Approvals | Gross approval dollars |
|---|---|---|
| ASHLAND CITY | 7 | $621,400 |
| KINGSTON SPRINGS | 4 | $2,607,000 |
| PLEASANT VIEW | 3 | $272,000 |
| PEGRAM | 3 | $395,000 |
| JOELTON | 3 | $2,524,900 |
| CHAPMANSBORO | 2 | $904,000 |
| GULFPORT | 1 | $29,900 |
ASHLAND CITY accounts for 7 approvals against 4 in KINGSTON SPRINGS. 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.
Cheatham County
How big is Cheatham County
- Land area302 sq mi
- Rank by land area among Tennessee counties74th of 95
- Width, east to west20.8 mi
- Height, north to south28.4 mi
- Geographies sharing a boundary5
- Residents per square mile of land139
- Establishments per square mile2.36
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 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 Cheatham 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 Cheatham County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population41,829
- Households16,279
- Average household size2.57
- Median household income$89,852
- Median age41.5
Common questions
Cheatham County questions, answered from the record.
How many people live in Cheatham County, Tennessee?
41,829, in 16,279 households, ranking 39th of 95 Tennessee counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Cheatham County growing?
The population has grown 3.86 percent since the 2020 census base. In 2024 there were 446 births against 510 deaths, with net migration of 423. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Cheatham County?
$89,852. The median owner-occupied home is valued at $338,700, which is 3.8 times income, and median gross rent is $1,345 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Cheatham County?
714 establishments, employing 7,649 people with an annual payroll of $382.4 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 Cheatham County?
Average annual pay is $59,841, or $1,151 a week, across 9,759 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Cheatham County?
23 7(a) approvals totalling $7.4 m since FY2020, across 12 lenders, with a median approval of $108,000, plus 3 504 approvals worth $2.0 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Cheatham County?
275 housing units were authorised by permit in 2024, with a declared construction value of $76.7 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Cheatham 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 Cheatham County come from?
The largest single origin is Cheatham County Non-migrants, with 15,921 households. Arriving households report an average income of $71,437 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 Cheatham 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 Cheatham 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.