Tipton County, Tennessee: commercial real estate data.
Tipton County, Tennessee has a population of 61,553 across 458 square miles, up 2.0 percent since the 2020 census base. County output reached $1.76 bn in 2024, 777 establishments operate here, and the SBA record carries 12 7(a) approvals worth $8.1 m.
117 sourced county values · tier FULL · 11 sections
Tipton County
How many people live in Tipton County
- Population61,553
- Households22,660
- Average household size2.72
- Median household income$74,127
- Median age39.0
- Median gross rent$1,013 per month
- Median owner-occupied home value$240,600
- Home value to household income3.2 times
- Annual rent as a share of median income16.4 percent
- Adults 25 and over with a bachelor degree or higher20.7 percent
- Adults 25 and over with a graduate degree7.2 percent
- Adults 25 and over42,091
- Population under 1814,490
- Share under 1823.5 percent
- Population 65 and over9,617
- Share 65 and over15.6 percent
- Working age population, 18 to 6437,446
- Civilian labor force29,181
- Unemployment rate5.5 percent
- Labor force participation, adults 18 and over62.0 percent
- Rank by population among Tennessee counties23rd of 95
- Rank by population among US county-equivalents878th
Tipton County is the 23rd 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 under 18 outnumber those 65 and over, at 23.5 percent against 15.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Tipton County
Is Tipton County growing
- Population change since the 2020 census base1.98 percent
- Census 2020 base population60,977
- Births, 2024697
- Deaths, 2024771
- Natural change, 2024-74
- Net domestic migration, 2024381
- Net international migration, 2024-1
- Total net migration, 2024380
- Cumulative net domestic migration, 2021 to 20241,570
- Rank by growth among US county-equivalents1173rd
The county has grown 1.98 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.
Tipton County
Where people moving to Tipton County come from
- Tax returns filed by households arriving1,686
- People arriving, from those returns3,271
- Adjusted gross income arriving$91.1 m
- Net adjusted gross income movement$0
- Average income of an arriving household$54,043
- Largest single originTipton County Non-migrants (22,197 households)
- Largest single destination (22,197 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Tipton County Non-migrants | 22,197 | 46,921 | $1.47 bn |
| Shelby County | 821 | 1,589 | $45.1 m |
| Other flows - Different State | 508 | 1,033 | $29.4 m |
| Other flows - South | 285 | 558 | $16.3 m |
| Other flows - Same State | 135 | 242 | $5.9 m |
| Other flows - West | 120 | 271 | $7.5 m |
| Other flows - Midwest | 74 | 144 | $3.6 m |
| Lauderdale County | 73 | 128 | $2.6 m |
The largest single source of arrivals is Tipton 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.
Tipton County
What the Tipton County economy runs on
- County GDP, 2024$1.76 bn
- County GDP, 2023$1.71 bn
- GDP change, 2023 to 20242.8 percent
- GDP change over five years31.1 percent
- Rank by GDP among Tennessee counties39th
- Rank by GDP among US county-equivalents1380th
- GDP per resident$28,648
Output grew 2.8 percent in the latest year and 31.1 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.
Tipton County
Who employs people in Tipton County
- Covered employment, annual average11,848
- Establishments reporting962
- Average annual pay$50,303
- Average weekly wage$967
- Sector 31-33, employment1,781
- Sector 31-33, average annual pay$61,219
- Sector 44-45, employment1,697
- Sector 44-45, average annual pay$33,926
- Sector 23, employment1,449
- Sector 23, average annual pay$75,393
- Sector 72, employment966
- Sector 72, average annual pay$19,192
- Sector 56, employment362
- Sector 48-49, employment334
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 1,781 | 36 | $61,219 |
| Sector 44-45 | 1,697 | 149 | $33,926 |
| Sector 23 | 1,449 | 123 | $75,393 |
| Sector 72 | 966 | 78 | $19,192 |
| Sector 56 | 362 | 55 | $39,894 |
| Sector 48-49 | 334 | 31 | $60,896 |
| Sector 52 | 260 | 61 | $74,654 |
| Sector 81 | 207 | 58 | $44,021 |
The largest sector is the biggest private employer group at 1,781 jobs, 15.0 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.
Tipton County
What businesses operate in Tipton County
- Establishments, all industries777
- Employment at those establishments10,691
- Annual payroll$477.6 m
- Establishments per 1,000 residents12.6
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.
Tipton County
What is being built in Tipton County
- Housing units authorised by permit, 2024215
- Declared construction value permitted$50.3 m
- Single family units authorised167
- Multifamily units authorised48
- Multifamily share of units22.3 percent
- Average declared value per unit$234,121
- Units authorised per 1,000 households9.5
Multifamily is 22.3 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Tipton County
How much SBA lending happens in Tipton County
- 7(a) approvals recorded12
- 7(a) gross approval dollars$8.1 m
- Average 7(a) approval$672,083
- Median 7(a) approval$350,000
- 10th percentile approval$150,000
- 90th percentile approval$530,200
- Largest single approval$4,800,000
- Jobs reported supported, 7(a)332
- Jobs per approval27.7
- Distinct 7(a) lenders active10
- Distinct industries receiving approvals9
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer25.0 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter8
- Franchise loans3
- Franchise share of approvals25.0 percent
- Leading industry by approval countServices for the Elderly and Persons with Disabilities (2)
- Most active lenderLive Oak Banking Company (2)
- 504 approvals recorded1
- 504 gross approval dollars$544,000
- Average 504 approval$544,000
- Median 504 approval$544,000
- Distinct CDCs active1
- 504 jobs per approval15.0
- 504 jobs per million dollars approved27.6
- Most active CDCTennessee Business Development Corporation (1)
- 7(a) share of SBA approvals92.3 percent
- Combined SBA approval dollars$8.6 m
The average approval of $672,083 sits well above the median of $350,000, 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 25.0 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. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Tipton County
Do SBA loans in Tipton County get paid back
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure8
- Status: Committed, not yet disbursed3
- Status: Cancelled1
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.
Tipton County
Which parts of Tipton County get the lending
- Places in the county with recorded lending3
- ATOKA, approvals7
- COVINGTON, approvals4
- Munford, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| ATOKA | 7 | $2,573,200 |
| COVINGTON | 4 | $5,341,800 |
| Munford | 1 | $150,000 |
ATOKA accounts for 7 approvals against 4 in COVINGTON. 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.
Tipton County
How big is Tipton County
- Land area458 sq mi
- Rank by land area among Tennessee counties47th of 95
- Width, east to west40 mi
- Height, north to south19 mi
- Geographies sharing a boundary4
- Residents per square mile of land134
- Establishments per square mile1.70
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 Tipton 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 Tipton County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population61,553
- Households22,660
- Average household size2.72
- Median household income$74,127
- Median age39.0
Common questions
Tipton County questions, answered from the record.
How many people live in Tipton County, Tennessee?
61,553, in 22,660 households, ranking 23rd of 95 Tennessee counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Tipton County growing?
The population has grown 1.98 percent since the 2020 census base. In 2024 there were 697 births against 771 deaths, with net migration of 380. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Tipton County?
$74,127. The median owner-occupied home is valued at $240,600, which is 3.2 times income, and median gross rent is $1,013 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Tipton County?
777 establishments, employing 10,691 people with an annual payroll of $477.6 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 Tipton County?
Average annual pay is $50,303, or $967 a week, across 11,848 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Tipton County?
12 7(a) approvals totalling $8.1 m since FY2020, across 10 lenders, with a median approval of $350,000, plus 1 504 approvals worth $544,000. These are approvals recorded in the release, not loans disbursed.
What is being built in Tipton County?
215 housing units were authorised by permit in 2024, with a declared construction value of $50.3 m. Multifamily was 22.3 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Tipton 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 Tipton County come from?
The largest single origin is Tipton County Non-migrants, with 22,197 households. Arriving households report an average income of $54,043 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 Tipton 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 Tipton 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.