RANK #637 / 1001 NAT · #17 / 33 TN · POP 234,153
1YR FORECAST: -1.1%
5YR OUTLOOK: +26%
Montgomery County, Tennessee, is distinguished by Dunbar Cave State Park, home to an eight-mile cave system with historical and archaeological significance, including prehistoric Native American petroglyphs. Located in northern Tennessee, bordering Kentucky, the county seat of Clarksville is approximately 45 minutes northwest of Nashville. The community offers a mix of suburban and rural living with hilly, tree-covered terrain and the Cumberland River flowing through it. Outdoor recreation is accessible through numerous state and local parks, trails, and the Wade Bourne Nature Center. Commute options include local bus services and regional express buses to Nashville.
Life in Montgomery County attracts families and young professionals, with many residents owning their homes. The Clarksville-Montgomery County School System serves a large student population and includes specialized programs like a Spanish Immersion School and various College and Career Academies. The local economy is experiencing growth, driven by investments in advanced manufacturing and data centers. This has led to the creation of new jobs, some of which offer higher wages, and has contributed to the area's increasing population. Austin Peay State University also contributes to the local educational and economic landscape.
Montgomery County is one of 43 U.S. counties in this market profile — stronger than typical on the BoomTown Index. Within this cohort, its recent home-price change of -0.4% matches the profile's typical -0.0%.
See all 43 Sun Belt Exurban Boom counties →Overvalued relative to economy
Prices declining
Below-average climate & terrain
Above national median (15x)
Housing looks overvalued at 18.0x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.
Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.
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).
Source: Redfin · Census BPS — Browse sales on Redfin →
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 →
Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →
| PROJECT | AMOUNT | STATUS |
|---|---|---|
|
Project Crucible (Integrated Non-Ferrous Metal Refinery)
Korea Zinc (Crucible Metals LLC)
|
$6,600M | Under Construction |
|
Google Data Center Campus Expansion
Google
|
$2,500M | Operating |
|
Meta Data Center Campus Expansion
Meta
|
$1,500M | Under Construction |
|
T.RAD Manufacturing Facility
T.RAD
|
$90M | Planned |
Source: public records, news, corporate announcements. Amounts are estimates where noted.
Bars show percentile rank among all 1001 counties.
At 36/100, Montgomery County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $75,613 combined with job growth of +1.9% suggests the local economy is struggling to keep pace with national trends.
Housing in Montgomery County is roughly in line with national affordability norms. The median home costs $280,200 and the income-to-home-value ratio sits at 0.27, with rents averaging $1,308/month. Not a bargain, but not a stretch for most local earners either.
Montgomery County is growing on multiple fronts. Population is up +2.7% year-over-year while employers added jobs at a +1.9% clip. Home values shifted -0.4% in the past year.
There's a moderate stream of newcomers. About 2.64% of residents moved from another state, which is above average and suggests Montgomery County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.