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Anderson County, TN

District 3

RANK #129 / 996 NAT  ·  #1 / 33 TN  ·  POP 77,337

1YR FORECAST: +2.6%

5YR OUTLOOK: +34%

Our model projects Anderson County's housing market to grow +2.6% over the next year, significantly outpacing the national average.

[01] Why Anderson County?

Oak Ridge, a city within Anderson County, holds a unique place in history as the "Secret City" of the Manhattan Project during World War II. Located in eastern Tennessee, northwest of Knoxville, Anderson County offers a blend of suburban and rural living. Commutes to Knoxville are generally manageable, taking around 20-25 minutes. The community feel is often described as friendly and family-oriented. The county boasts extensive outdoor recreation opportunities, including Norris Lake for boating and fishing, Norris Dam State Park with hiking trails, and Windrock Park for off-road adventures.

Life in Anderson County attracts a mix of long-time residents, families, and retirees drawn to its natural beauty and community atmosphere. The economy, historically rooted in coal mining and agriculture, transformed with the establishment of Oak Ridge National Laboratory (ORNL) and the Y-12 National Security Complex. These institutions continue to drive the local economy, attracting professionals in scientific research, energy innovation, and advanced manufacturing. The region is seeing continued investment in the nuclear power sector and related industries. The Anderson County School District serves the area, with several elementary and middle schools, and high schools like Anderson County High School and Oak Ridge High School.

[02] Market Snapshot

Housing Ratio
2.5x

Undervalued relative to economy

GDP Growth
+3.1%

Above national median

Home Prices
+3.1%

Outpacing national median

Climate & Terrain
1.4

Moderate climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks undervalued at 2.5x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Y-12 National Security Complex Government
    2,500+
  2. 2
    Oak Ridge National Laboratory Technology
  3. 3
    UCOR Other
    1,000+
  4. 4
    SL Tennessee, LLC Manufacturing
  5. 5
    Methodist Medical Center of Oak Ridge Healthcare
  6. 6
    Uranium Processing Facility (UPF) Government
  7. 7
    Anderson County Schools Education
  8. 8
    Oak Ridge Associated Universities Education
  9. 9
    Eagle Bend Manufacturing, Inc. Manufacturing
    500+
  10. 10
    Aisin Automotive Casting TN Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Anderson County U.S. National

The Numbers

DEMOGRAPHICS
Population
77,337
+0.85% YoY
Median Household Income
$60,633
Median Home Value
$193,900
+3.13% 12mo
Median Rent
$937
Average Annual Pay
$79,878
+6.7% YoY
Employment
46,052
+2.8% YoY
Income-to-Home-Value
0.3127
More affordable than average
Migration Inflow
5.87%
of pop. from another state
Bachelor's Degree+
24.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$400,000
Days on Market
100
Slower market
Months of Supply
4.0
Balanced market
Sale-to-List Ratio
95.6%
Negotiation room for buyers
Sold Above List
11.9%
Listings w/ Price Drops
22.5%
Building Permits (2024)
398
Single-Family Permits
277

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
3.0
per 100K · nat avg 6.3
Firearm Fatalities
15.7
per 100K · nat avg 14.8
Injury Deaths
146.3
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
39.3
Good
Good Air Days
92%
659 of 717 days
Unhealthy+ Days (3yr)
1
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
38
2022
39
2023
41
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$18,600M
TOTAL
PROJECT AMOUNT STATUS
Natural Gas Generation Plant
NextEra Energy Resources
$16,000M Proposed
Natural Gas Combined Cycle Power Plant
Duke Energy
$2,500M Planned
Automotive Parts Manufacturing Expansion
SL Tennessee LLC
$50M Operating
Residential Development Portfolio
Multiple Developers
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +3.1% 59 percentile
Population Growth +0.8% 66 percentile
Income Growth +9.4% 71 percentile
Vacancy Rate 0.8% 71 percentile
Home Price Change +3.1% 73 percentile
Rent Growth +2.6% 42 percentile
Price/Rent 10x 89 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Anderson County, TN a good place to move to?

Anderson County ranks #129 out of 996 U.S. counties on the Boom Town Index with a score of 87/100, putting it in the top tier nationally. Job growth of +2.8% and a median household income of $60,633 point to a county with active economic momentum.

Is Anderson County affordable?

Housing in Anderson County is roughly in line with national affordability norms. The median home costs $193,900 and the income-to-home-value ratio sits at 0.31, with rents averaging $937/month. Not a bargain, but not a stretch for most local earners either.

Is Anderson County growing or shrinking?

Anderson County is growing on multiple fronts. Population is up +0.8% year-over-year while employers added jobs at a +2.8% clip — and home values reflect that momentum, rising +3.1% over the past 12 months.

Are people moving to Anderson County?

In significant numbers — 5.87% of Anderson County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[10] Similar Counties by Size & Score

Dickson County, TN 82 Greene County, TN 81 Gibson County, TN 79 Madison County, TN 79 Roane County, TN 77 Coffee County, TN 76 Bullitt County, KY 87 Orangeburg County, SC 87