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McMinn County, TN

RANK #513 / 996  ·  POP 53,532  ·  TN

PROJECTED GROWTH: +0.7%

McMinn County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why McMinn County?

The oldest standing train station in Tennessee, located in Niota, is a distinctive landmark in McMinn County, offering a glimpse into the region's past, including a documented slave sale in 1863. Located in Southeast Tennessee, McMinn County sits between Knoxville and Chattanooga, with both cities less than an hour away. This central location along I-75 makes for manageable commutes, with the average travel time being under 25 minutes. The county is characterized by its rural landscape, dotted with small farms and towns like Athens, the county seat, and Etowah. The area also offers outdoor recreation, including hiking trails, disc golf courses, and access to lakes for fishing and boating.

Life in McMinn County offers a lower cost of living compared to the national average, particularly for housing and transportation. The community is described as close-knit, with a mix of families and retirees. McMinn County Schools serve most of the county, with Athens and Etowah having separate districts for younger grades. The local economy is experiencing growth, driven by investments in manufacturing and other sectors. Efforts are underway to attract new businesses and support existing ones, creating job opportunities and diversifying the economic landscape.

[02] Market Snapshot

Housing Ratio
4.3x

Below national median (4.7x)

GDP Growth
+2.3%

Below national median

Home Prices
+3.5%

Outpacing national median

Climate & Terrain
-0.3

Below-average climate & terrain

Price/Rent
12x

Below national median (13x)

Housing is fairly valued at 4.3x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

McMinn County U.S. National

The Numbers

DEMOGRAPHICS
Population
53,532
+0.88% YoY
Median Household Income
$57,982
Median Home Value
$173,300
+3.54% 12mo
Median Rent
$803
Average Annual Pay
$50,929
+4.8% YoY
Employment
17,207
-1.5% YoY
Income-to-Home-Value
0.3346
More affordable than average
Migration Inflow
5.82%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$282,500
Days on Market
64
Slower market
Months of Supply
4.7
Balanced market
Sale-to-List Ratio
95.8%
Negotiation room for buyers
Sold Above List
22.9%
Listings w/ Price Drops
24.4%
Building Permits (2024)
38
Single-Family Permits
24

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

[05] Capital Investment

$582M
TOTAL
PROJECT AMOUNT STATUS
Tennessee Lithium Hydroxide Processing Facility
Piedmont Lithium
$582M Under Construction

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

[06] Score Breakdown

GDP Growth +2.3% 42 percentile
Population Growth +0.9% 68 percentile
Income Growth +13.1% 98 percentile
Vacancy Rate 1.0% 53 percentile
Home Price Change +3.5% 77 percentile
Rent Growth +3.9% 65 percentile
Price/Rent 12x 61 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

McMinn County has a Boom Town Index score of 48/100, ranking #513 among 996 U.S. counties. With job growth at -1.5% and a median household income of $57,982, it faces some economic headwinds compared to faster-growing counties.

Is McMinn County affordable?

The median home value in McMinn County is $173,300 with median rent at $803/month. The income-to-home-value ratio is 0.3346, which is more affordable than the national average.

Is McMinn County growing or shrinking?

Population growth: +0.9% year-over-year. Job growth: -1.5%. Home values changed +3.5% in the past 12 months.

Are people moving to McMinn County?

Yes — 5.82% of McMinn County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Worcester County, MA 58 Craven County, NC 58 Rutherford County, NC 58 Orangeburg County, SC 58 Jefferson County, TN 58 Gibson County, TN 58 Albemarle County, VA 58 Berks County, PA 58