Roane County, Tennessee: commercial real estate data.
Roane County, Tennessee has a population of 55,208 across 361 square miles, up 6.0 percent since the 2020 census base. County output reached $3.54 bn in 2024, 769 establishments operate here, and the SBA record carries 15 7(a) approvals worth $9.2 m.
118 sourced county values · tier FULL · 11 sections
Roane County
How many people live in Roane County
- Population55,208
- Households22,790
- Average household size2.42
- Median household income$71,885
- Median age47.3
- Median gross rent$785 per month
- Median owner-occupied home value$232,900
- Home value to household income3.2 times
- Annual rent as a share of median income13.1 percent
- Adults 25 and over with a bachelor degree or higher22.1 percent
- Adults 25 and over with a graduate degree9.1 percent
- Adults 25 and over41,011
- Population under 1810,341
- Share under 1818.7 percent
- Population 65 and over12,864
- Share 65 and over23.3 percent
- Working age population, 18 to 6432,003
- Civilian labor force25,053
- Unemployment rate4.9 percent
- Labor force participation, adults 18 and over55.8 percent
- Rank by population among Tennessee counties30th of 95
- Rank by population among US county-equivalents942nd
Roane County is the 30th largest of 95 Tennessee counties by population. A median home costs 3.2 times median household income, which is an affordable ownership market by national standards. Residents 65 and over outnumber those under 18, at 23.3 percent against 18.7 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.
Roane County
Is Roane County growing
- Population change since the 2020 census base5.98 percent
- Census 2020 base population53,542
- Births, 2024489
- Deaths, 2024861
- Natural change, 2024-372
- Net domestic migration, 2024893
- Net international migration, 20244
- Total net migration, 2024897
- Cumulative net domestic migration, 2021 to 20244,579
- Rank by growth among US county-equivalents410th
The county has grown 5.98 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.
Roane County
Where people moving to Roane County come from
- Tax returns filed by households arriving1,900
- People arriving, from those returns3,746
- Adjusted gross income arriving$131.3 m
- Net adjusted gross income movement$0
- Average income of an arriving household$69,124
- Largest single originRoane County Non-migrants (19,780 households)
- Largest single destination (19,780 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Roane County Non-migrants | 19,780 | 40,175 | $1.48 bn |
| Other flows - Different State | 744 | 1,509 | $67.7 m |
| Knox County | 340 | 671 | $22.3 m |
| Other flows - South | 308 | 591 | $24.4 m |
| Other flows - West | 253 | 568 | $27.4 m |
| Other flows - Same State | 230 | 422 | $12.0 m |
| Anderson County | 204 | 405 | $10.2 m |
| Other flows - Midwest | 132 | 259 | $12.8 m |
The largest single source of arrivals is Roane 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.
Roane County
What the Roane County economy runs on
- County GDP, 2024$3.54 bn
- County GDP, 2023$3.40 bn
- GDP change, 2023 to 20243.9 percent
- GDP change over five years32.0 percent
- Rank by GDP among Tennessee counties22nd
- Rank by GDP among US county-equivalents887th
- GDP per resident$64,042
Output grew 3.9 percent in the latest year and 32.0 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.
Roane County
Who employs people in Roane County
- Covered employment, annual average19,050
- Establishments reporting1,053
- Average annual pay$82,676
- Average weekly wage$1,590
- Sector 44-45, employment1,863
- Sector 44-45, average annual pay$33,997
- Sector 62, employment1,705
- Sector 62, average annual pay$49,171
- Sector 72, employment1,444
- Sector 72, average annual pay$22,787
- Sector 31-33, employment916
- Sector 31-33, average annual pay$61,211
- Sector 42, employment444
- Sector 56, employment437
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 1,863 | 158 | $33,997 |
| Sector 62 | 1,705 | 137 | $49,171 |
| Sector 72 | 1,444 | 92 | $22,787 |
| Sector 31-33 | 916 | 46 | $61,211 |
| Sector 42 | 444 | 44 | $58,595 |
| Sector 56 | 437 | 56 | $97,140 |
| Sector 48-49 | 388 | 26 | $55,166 |
| Sector 81 | 388 | 57 | $60,863 |
The largest sector is the biggest private employer group at 1,863 jobs, 9.8 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.
Roane County
What businesses operate in Roane County
- Establishments, all industries769
- Employment at those establishments8,996
- Annual payroll$370.6 m
- Establishments per 1,000 residents13.9
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.
Roane County
What is being built in Roane County
- Housing units authorised by permit, 2024248
- Declared construction value permitted$83.2 m
- Single family units authorised241
- Multifamily units authorised7
- Multifamily share of units2.8 percent
- Average declared value per unit$335,381
- Units authorised per 1,000 households10.9
Multifamily is 2.8 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Roane County
How much SBA lending happens in Roane County
- 7(a) approvals recorded15
- 7(a) gross approval dollars$9.2 m
- Average 7(a) approval$614,753
- Median 7(a) approval$190,000
- 10th percentile approval$30,000
- 90th percentile approval$2,090,000
- Largest single approval$2,164,800
- Jobs reported supported, 7(a)95
- Jobs per approval6.3
- Distinct 7(a) lenders active13
- Distinct industries receiving approvals12
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer40.0 percent
- Loans on real estate terms6
- Loans on working capital terms, 120 months or shorter8
- Franchise loans5
- Franchise share of approvals33.3 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (2)
- Most active lenderUnited Midwest Savings Bank National Association (2)
- 504 approvals recorded1
- 504 gross approval dollars$858,000
- Average 504 approval$858,000
- Median 504 approval$858,000
- Distinct CDCs active1
- 504 jobs per approval50.0
- 504 jobs per million dollars approved58.3
- Most active CDCBrightbridge, Inc. (1)
- 7(a) share of SBA approvals93.8 percent
- Combined SBA approval dollars$10.1 m
The average approval of $614,753 sits well above the median of $190,000, 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. 40.0 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. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Roane County
Do SBA loans in Roane County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure12
- Status: Cancelled3
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.
Roane County
Which parts of Roane County get the lending
- Places in the county with recorded lending5
- KINGSTON, approvals7
- OAK RIDGE, approvals4
- OLIVER SPRINGS, approvals2
- ROCKWOOD, approvals1
- Harriman, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| KINGSTON | 7 | $4,197,300 |
| OAK RIDGE | 4 | $1,369,000 |
| OLIVER SPRINGS | 2 | $205,000 |
| ROCKWOOD | 1 | $1,360,000 |
| Harriman | 1 | $2,090,000 |
KINGSTON accounts for 7 approvals against 4 in OAK RIDGE. 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.
Roane County
How big is Roane County
- Land area361 sq mi
- Rank by land area among Tennessee counties63rd of 95
- Width, east to west29.1 mi
- Height, north to south27.9 mi
- Geographies sharing a boundary8
- Residents per square mile of land153
- Establishments per square mile2.13
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 Roane 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 Roane County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population55,208
- Households22,790
- Average household size2.42
- Median household income$71,885
- Median age47.3
Common questions
Roane County questions, answered from the record.
How many people live in Roane County, Tennessee?
55,208, in 22,790 households, ranking 30th of 95 Tennessee counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Roane County growing?
The population has grown 5.98 percent since the 2020 census base. In 2024 there were 489 births against 861 deaths, with net migration of 897. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Roane County?
$71,885. The median owner-occupied home is valued at $232,900, which is 3.2 times income, and median gross rent is $785 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Roane County?
769 establishments, employing 8,996 people with an annual payroll of $370.6 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 Roane County?
Average annual pay is $82,676, or $1,590 a week, across 19,050 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Roane County?
15 7(a) approvals totalling $9.2 m since FY2020, across 13 lenders, with a median approval of $190,000, plus 1 504 approvals worth $858,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Roane County?
248 housing units were authorised by permit in 2024, with a declared construction value of $83.2 m. Multifamily was 2.8 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Roane 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 Roane County come from?
The largest single origin is Roane County Non-migrants, with 19,780 households. Arriving households report an average income of $69,124 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 Roane 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 Roane 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.