Lake County, Tennessee: commercial real estate data.
Lake County, Tennessee has a population of 6,579 across 166 square miles, down 8.2 percent since the 2020 census base. County output reached $150.5 m in 2024, 64 establishments operate here, and the SBA record carries 1 7(a) approvals worth $2.3 m.
99 sourced county values · tier FULL · 10 sections
Lake County
How many people live in Lake County
- Population6,579
- Households2,067
- Average household size3.18
- Median household income$28,814
- Median age42.8
- Median gross rent$532 per month
- Median owner-occupied home value$97,900
- Home value to household income3.4 times
- Annual rent as a share of median income22.2 percent
- Adults 25 and over with a bachelor degree or higher9.4 percent
- Adults 25 and over with a graduate degree4.5 percent
- Adults 25 and over5,153
- Population under 18978
- Share under 1814.9 percent
- Population 65 and over1,079
- Share 65 and over16.4 percent
- Working age population, 18 to 644,522
- Civilian labor force1,731
- Unemployment rate4.9 percent
- Labor force participation, adults 18 and over30.9 percent
- Rank by population among Tennessee counties93rd of 95
- Rank by population among US county-equivalents2771st
Lake County is the 93rd largest of 95 Tennessee counties by population. A median home costs 3.4 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 16.4 percent against 14.9 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Lake County
Is Lake County growing
- Population change since the 2020 census base-8.24 percent
- Census 2020 base population6,999
- Births, 202480
- Deaths, 202481
- Natural change, 2024-1
- Net domestic migration, 202413
- Net international migration, 20243
- Total net migration, 202416
- Cumulative net domestic migration, 2021 to 2024-381
- Rank by growth among US county-equivalents3104th
The county has lost 8.24 percent of its population 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.
Lake County
Where people moving to Lake County come from
- Tax returns filed by households arriving101
- People arriving, from those returns196
- Adjusted gross income arriving$3.4 m
- Net adjusted gross income movement$0
- Average income of an arriving household$33,960
- Largest single originLake County Non-migrants (1,696 households)
- Largest single destination (1,696 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Lake County Non-migrants | 1,696 | 3,339 | $79.8 m |
| Dyer County | 44 | 95 | $2.0 m |
| Other flows - Same State | 36 | 60 | $947,000 |
| Obion County | 21 | 41 | $513,000 |
The largest single source of arrivals is Lake 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.
Lake County
What the Lake County economy runs on
- County GDP, 2024$150.5 m
- County GDP, 2023$176.0 m
- GDP change, 2023 to 2024-14.5 percent
- GDP change over five years12.1 percent
- Rank by GDP among Tennessee counties93rd
- Rank by GDP among US county-equivalents2979th
- GDP per resident$22,877
Output grew -14.5 percent in the latest year and 12.1 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.
Lake County
Who employs people in Lake County
- Covered employment, annual average1,452
- Establishments reporting114
- Average annual pay$48,138
- Average weekly wage$926
- Sector 62, employment172
- Sector 62, average annual pay$43,650
- Sector 44-45, employment134
- Sector 44-45, average annual pay$32,769
- Sector 11, employment67
- Sector 11, average annual pay$36,532
- Sector 42, employment33
- Sector 42, average annual pay$94,990
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 172 | 14 | $43,650 |
| Sector 44-45 | 134 | 14 | $32,769 |
| Sector 11 | 67 | 12 | $36,532 |
| Sector 42 | 33 | 3 | $94,990 |
The largest sector is the biggest private employer group at 172 jobs, 11.8 percent of covered employment. Average pay per job exceeds median household income, which usually means single earner households and a wage base that can carry rent.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Lake County
What businesses operate in Lake County
- Establishments, all industries64
- Employment at those establishments545
- Annual payroll$22.0 m
- Establishments per 1,000 residents9.7
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.
Lake County
What is being built in Lake County
- Housing units authorised by permit, 20243
- Declared construction value permitted$675,000
- Single family units authorised3
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$225,000
- Units authorised per 1,000 households1.5
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Lake County
How much SBA lending happens in Lake County
- 7(a) approvals recorded1
- 7(a) gross approval dollars$2.3 m
- Average 7(a) approval$2,321,100
- Median 7(a) approval$2,321,100
- 10th percentile approval$2,321,100
- 90th percentile approval$2,321,100
- Largest single approval$2,321,100
- Jobs reported supported, 7(a)6
- Jobs per approval6.0
- Distinct 7(a) lenders active1
- Distinct industries receiving approvals1
- Median 7(a) term156 months
- Share of loans on real estate terms, 240 months or longer0.0 percent
- Loans on real estate terms0
- Loans on working capital terms, 120 months or shorter0
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countAll Other Miscellaneous Fabricated Metal Product Manufacturing (1)
- Most active lenderRegions Bank (1)
The average approval of $2,321,100 sits close to the median of $2,321,100, so lending here is fairly evenly sized rather than driven by a few large deals. Only 0.0 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.
Lake County
Do SBA loans in Lake County get paid back
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Paid in full1
Too few loans have reached a final outcome to publish a charge off rate. only 1 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.
Lake County
How big is Lake County
- Land area166 sq mi
- Rank by land area among Tennessee counties91st of 95
- Width, east to west19.7 mi
- Height, north to south21.9 mi
- Geographies sharing a boundary2
- Residents per square mile of land40
- Establishments per square mile0.39
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 Lake 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 Lake County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population6,579
- Households2,067
- Average household size3.18
- Median household income$28,814
- Median age42.8
Common questions
Lake County questions, answered from the record.
How many people live in Lake County, Tennessee?
6,579, in 2,067 households, ranking 93rd of 95 Tennessee counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Lake County growing?
The population has fallen 8.24 percent since the 2020 census base. In 2024 there were 80 births against 81 deaths, with net migration of 16. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Lake County?
$28,814. The median owner-occupied home is valued at $97,900, which is 3.4 times income, and median gross rent is $532 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Lake County?
64 establishments, employing 545 people with an annual payroll of $22.0 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 Lake County?
Average annual pay is $48,138, or $926 a week, across 1,452 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Lake County?
1 7(a) approvals totalling $2.3 m since FY2020, across 1 lenders, with a median approval of $2,321,100. These are approvals recorded in the release, not loans disbursed.
What is being built in Lake County?
3 housing units were authorised by permit in 2024, with a declared construction value of $675,000. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Lake County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Lake County come from?
The largest single origin is Lake County Non-migrants, with 1,696 households. Arriving households report an average income of $33,960 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 Lake 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 Lake 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.