Lawrence County, Tennessee: commercial real estate data.
Lawrence County, Tennessee has a population of 45,385 across 617 square miles, up 5.2 percent since the 2020 census base. County output reached $1.58 bn in 2024, 788 establishments operate here, and the SBA record carries 16 7(a) approvals worth $6.6 m.
110 sourced county values · tier FULL · 11 sections
Lawrence County
How many people live in Lawrence County
- Population45,385
- Households16,991
- Average household size2.67
- Median household income$54,706
- Median age39.3
- Median gross rent$763 per month
- Median owner-occupied home value$194,400
- Home value to household income3.6 times
- Annual rent as a share of median income16.7 percent
- Adults 25 and over with a bachelor degree or higher15.2 percent
- Adults 25 and over with a graduate degree5.9 percent
- Adults 25 and over30,553
- Population under 1811,359
- Share under 1825.0 percent
- Population 65 and over8,061
- Share 65 and over17.8 percent
- Working age population, 18 to 6425,965
- Civilian labor force20,733
- Unemployment rate4.9 percent
- Labor force participation, adults 18 and over60.9 percent
- Rank by population among Tennessee counties35th of 95
- Rank by population among US county-equivalents1092nd
Lawrence County is the 35th largest of 95 Tennessee counties by population. A median home costs 3.6 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 25.0 percent against 17.8 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Lawrence County
Is Lawrence County growing
- Population change since the 2020 census base5.24 percent
- Census 2020 base population44,154
- Births, 2024592
- Deaths, 2024662
- Natural change, 2024-70
- Net domestic migration, 2024497
- Net international migration, 20247
- Total net migration, 2024504
- Cumulative net domestic migration, 2021 to 20242,646
- Rank by growth among US county-equivalents499th
The county has grown 5.24 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.
Lawrence County
Where people moving to Lawrence County come from
- Tax returns filed by households arriving1,061
- People arriving, from those returns2,131
- Adjusted gross income arriving$57.4 m
- Net adjusted gross income movement$0
- Average income of an arriving household$54,053
- Largest single originLawrence County Non-migrants (14,895 households)
- Largest single destination (14,895 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Lawrence County Non-migrants | 14,895 | 32,401 | $882.1 m |
| Other flows - Different State | 403 | 809 | $26.4 m |
| Maury County | 230 | 500 | $12.2 m |
| Other flows - South | 202 | 404 | $12.5 m |
| Other flows - Same State | 110 | 205 | $4.6 m |
| Giles County | 94 | 202 | $3.9 m |
| Other flows - Midwest | 88 | 149 | $5.7 m |
| Other flows - West | 85 | 191 | $6.8 m |
The largest single source of arrivals is Lawrence 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.
Lawrence County
What the Lawrence County economy runs on
- County GDP, 2024$1.58 bn
- County GDP, 2023$1.51 bn
- GDP change, 2023 to 20245.2 percent
- GDP change over five years41.5 percent
- Rank by GDP among Tennessee counties45th
- Rank by GDP among US county-equivalents1467th
- GDP per resident$34,921
Output grew 5.2 percent in the latest year and 41.5 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.
Lawrence County
Who employs people in Lawrence County
- Covered employment, annual average11,816
- Establishments reporting931
- Average annual pay$45,770
- Average weekly wage$880
- Sector 31-33, employment2,236
- Sector 31-33, average annual pay$55,930
- Sector 44-45, employment1,713
- Sector 44-45, average annual pay$32,457
- Sector 62, employment1,412
- Sector 62, average annual pay$49,913
- Sector 72, employment1,197
- Sector 72, average annual pay$18,775
- Sector 42, employment656
- Sector 48-49, employment620
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 2,236 | 78 | $55,930 |
| Sector 44-45 | 1,713 | 174 | $32,457 |
| Sector 62 | 1,412 | 114 | $49,913 |
| Sector 72 | 1,197 | 71 | $18,775 |
| Sector 42 | 656 | 50 | $67,051 |
| Sector 48-49 | 620 | 36 | $46,765 |
| Sector 23 | 504 | 73 | $56,196 |
| Sector 56 | 282 | 35 | $35,708 |
The largest sector is the biggest private employer group at 2,236 jobs, 18.9 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.
Lawrence County
What businesses operate in Lawrence County
- Establishments, all industries788
- Employment at those establishments9,681
- Annual payroll$401.5 m
- Establishments per 1,000 residents17.4
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.
Lawrence County
What is being built in Lawrence County
- Housing units authorised by permit, 202427
- Declared construction value permitted$4.7 m
- Single family units authorised18
- Multifamily units authorised9
- Multifamily share of units33.3 percent
- Average declared value per unit$175,418
- Units authorised per 1,000 households1.6
Multifamily is 33.3 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Lawrence County
How much SBA lending happens in Lawrence County
- 7(a) approvals recorded16
- 7(a) gross approval dollars$6.6 m
- Average 7(a) approval$411,656
- Median 7(a) approval$205,000
- 10th percentile approval$40,000
- 90th percentile approval$600,000
- Largest single approval$2,978,000
- Jobs reported supported, 7(a)107
- Jobs per approval6.7
- Distinct 7(a) lenders active11
- Distinct industries receiving approvals13
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer18.8 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter12
- Franchise loans0
- Franchise share of approvals0.0 percent
- Leading industry by approval countGeneral Line Grocery Merchant Wholesalers (2)
- Most active lenderFirst Farmers and Merchants Bank (3)
The average approval of $411,656 sits well above the median of $205,000, 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 18.8 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.
Lawrence County
Do SBA loans in Lawrence County get paid back
- Loans with a final outcome recorded4
- Paid in full3
- Charged off1
- Status: Charged off1
- Status: Paid in full3
- Status: Cancelled2
- Status: Exempt from disclosure9
- Status: Committed, not yet disbursed1
Too few loans have reached a final outcome to publish a charge off rate. only 4 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.
Lawrence County
Which parts of Lawrence County get the lending
- Places in the county with recorded lending4
- Lawrenceburg, approvals10
- LEOMA, approvals3
- Loretto, approvals2
- ETHRIDGE, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Lawrenceburg | 10 | $5,188,200 |
| LEOMA | 3 | $285,000 |
| Loretto | 2 | $599,300 |
| ETHRIDGE | 1 | $514,000 |
Lawrenceburg accounts for 10 approvals against 3 in LEOMA. 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.
Lawrence County
How big is Lawrence County
- Land area617 sq mi
- Rank by land area among Tennessee counties9th of 95
- Width, east to west22.6 mi
- Height, north to south31.7 mi
- Geographies sharing a boundary4
- Residents per square mile of land74
- Establishments per square mile1.28
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 Lawrence 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 Lawrence County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population45,385
- Households16,991
- Average household size2.67
- Median household income$54,706
- Median age39.3
Common questions
Lawrence County questions, answered from the record.
How many people live in Lawrence County, Tennessee?
45,385, in 16,991 households, ranking 35th of 95 Tennessee counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Lawrence County growing?
The population has grown 5.24 percent since the 2020 census base. In 2024 there were 592 births against 662 deaths, with net migration of 504. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Lawrence County?
$54,706. The median owner-occupied home is valued at $194,400, which is 3.6 times income, and median gross rent is $763 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Lawrence County?
788 establishments, employing 9,681 people with an annual payroll of $401.5 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 Lawrence County?
Average annual pay is $45,770, or $880 a week, across 11,816 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Lawrence County?
16 7(a) approvals totalling $6.6 m since FY2020, across 11 lenders, with a median approval of $205,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Lawrence County?
27 housing units were authorised by permit in 2024, with a declared construction value of $4.7 m. Multifamily was 33.3 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Lawrence County?
Zone 1, a predicted average indoor radon screening level greater than 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 Lawrence County come from?
The largest single origin is Lawrence County Non-migrants, with 14,895 households. Arriving households report an average income of $54,053 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 Lawrence 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 Lawrence 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.