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Hamblen County, TN

RANK #40 / 1001 NAT  ·  #3 / 33 TN  ·  POP 65,669

1YR FORECAST: +1.6%

5YR OUTLOOK: +39%

#16 Best for Families #29 Best for Investment
Our model projects Hamblen County's housing market to grow +1.6% over the next year, significantly outpacing the national average.

[01] Why Hamblen County?

Hamblen County, Tennessee, distinguishes itself with Morristown, its county seat, which once served as a crucial transportation and commercial hub. Located in East Tennessee, approximately 40 miles northeast of Knoxville, the county offers a community atmosphere. The region is characterized by its natural beauty, with views of the Great Smoky Mountains and access to Cherokee Lake. Outdoor recreation is a significant draw, with Panther Creek State Park offering over 30 miles of hiking, mountain biking, and horse trails, along with opportunities for camping, fishing, and swimming. Cherokee Lake provides additional boating and fishing activities. The area also boasts several disc golf courses, earning Morristown the title of "Tennessee's Disc Golf Capital."

Life in Hamblen County offers a lower cost of living compared to the national average. The public school system is recognized for its quality, and Walters State Community College provides local higher education options. The economy is experiencing growth, driven by manufacturing and food and agriculture sectors. Recent expansions in these areas have contributed to job creation, attracting individuals and families to the county.

MARKET PROFILE
LEANS TOWARD

Secondary Market Surge

Hamblen County is one of 35 U.S. counties in this market profile — stronger than typical on the BoomTown Index. Within this cohort, its recent home-price change of +4.1% runs above the profile's typical +1.4%.

See all 35 Secondary Market Surge counties →

[02] Market Snapshot

Housing Ratio
7.9x

Overvalued relative to economy

Home Prices
+4.1%

Outpacing national median

Climate & Terrain
1.5

Moderate climate & terrain

Price/Rent
12x

Below national median (15x)

Housing looks overvalued at 7.9x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    MAHLE GmbH Manufacturing
    500+
  2. 2
    Morristown Hamblen Healthcare Healthcare
  3. 3
    JTEKT Automotive TN Manufacturing
  4. 4
    Walters State Community College Education
  5. 5
    Rich Products Corporation Manufacturing
  6. 6
    Tuff Torq Corporation Manufacturing
  7. 7
    Hamblen County Department of Education Education
  8. 8
    Colgate-Palmolive Manufacturing
  9. 9
    Team Technologies Manufacturing
  10. 10
    OTICS USA Manufacturing

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

[04] Home Value Growth vs National

Hamblen County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
65,669
+1.14% YoY
Median Household Income
$55,454
Median Home Value
$210,900
+4.1% 12mo
Median Rent
$857
Average Annual Pay
$52,841
+3.7% YoY
Employment
33,106
-1.3% YoY
Income-to-Home-Value
0.2629
More affordable than average
Migration Inflow
2.83%
of pop. from another state
Bachelor's Degree+
20.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$318,000
Days on Market
57
Moderate pace
Months of Supply
2.6
Seller's market
Sale-to-List Ratio
97.5%
Negotiation room for buyers
Sold Above List
12.4%
Listings w/ Price Drops
33.2%
Building Permits (2025)
258
Single-Family Permits
216

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

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.9
per 100K · nat avg 6.3
Firearm Fatalities
13.0
per 100K · nat avg 14.8
Injury Deaths
103.9
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] Capital Investment

$560M
TOTAL
PROJECT AMOUNT STATUS
Ridgeline Expansion Project (Natural Gas Pipeline & Solar)
Enbridge Inc. / Tennessee Valley Authority (TVA)
$500M Under Construction
Performance Food Group (PFG) Expansion
Performance Food Group Company (PFG)
$33M Planned
Rich Products Manufacturing Expansion
Rich Products
$27M Under Construction

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

[07] Score Breakdown

Population Growth +1.1% 70 percentile
Income Growth +5.0% 90 percentile
Vacancy Rate 1.2% 36 percentile
Home Price Change +4.1% 78 percentile
Rent Growth +7.2% 92 percentile
Price/Rent 12x 85 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

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

Hamblen County ranks #40 out of 1001 U.S. counties on the Boom Town Index with a score of 96/100. The composite score reflects long-term strength — housing, income, and migration patterns — but near-term hiring is soft (employment is down 1.3% year-over-year). Median household income here is $55,454.

Is Hamblen County affordable?

Housing in Hamblen County is roughly in line with national affordability norms. The median home costs $210,900 and the income-to-home-value ratio sits at 0.26, with rents averaging $857/month. Not a bargain, but not a stretch for most local earners either.

Is Hamblen County growing or shrinking?

Hamblen County is attracting residents (population +1.1% YoY) even as the job market softens with employment at -1.3%. Housing values changed +4.1% over the past 12 months. People may be moving here for affordability or lifestyle reasons rather than job opportunities.

Are people moving to Hamblen County?

There's a moderate stream of newcomers. About 2.83% of residents moved from another state, which is above average and suggests Hamblen County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Greene County, TN 98 Roane County, TN 100 Anderson County, TN 92 Sevier County, TN 90 Madison County, TN 88 Cumberland County, TN 76 Isabella County, MI 96 Aroostook County, ME 96