RANK #717 / 1001 NAT · #23 / 33 TN · POP 61,553
1YR FORECAST: -0.2%
5YR OUTLOOK: +25%
Tipton County, Tennessee, distinguishes itself with Covington's historic square, featuring a revitalized streetscape, restored theater, shops, and restaurants. Located north of Memphis, the county offers a rural lifestyle within a short drive of urban amenities. The western boundary is formed by the Mississippi River, and the Hatchie River borders the north, providing opportunities for boating, fishing, and canoeing. Commutes to Memphis are common, with public transit options available through the Delta Human Resource Agency. The community offers a blend of historic charm and access to nature.
Life in Tipton County often involves families seeking a quieter setting with access to good schools. The Tipton County School District serves over 10,000 students across 14 schools and is considered above average. The economy, historically rooted in agriculture, is experiencing a shift. Major investments are flowing into advanced manufacturing and related industries, creating new job opportunities and driving demand for a skilled workforce. This economic evolution is expected to bring increased wages and a need for more community services and amenities.
Tipton County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +1.8% YoY, population +0.3%, wages +2.0%). About 414 U.S. counties show this kind of mixed-signal pattern.
See all 414 Idiosyncratic Markets counties →Overvalued relative to economy
Above national median
Below-average climate & terrain
Below national median (15x)
Housing looks overvalued at 24.2x — 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 →
| PROJECT | AMOUNT | STATUS |
|---|---|---|
|
Charms LLC Manufacturing and Distribution Center Expansion
Charms LLC (Tootsie Roll Industries)
|
$98M | Under Construction |
|
Residential Development (Various Communities)
Multiple Developers (e.g., Grant & Co.)
|
$50M | Under Construction |
Source: public records, news, corporate announcements. Amounts are estimates where noted.
Bars show percentile rank among all 1001 counties.
At 28/100, Tipton County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $74,127 combined with job growth of +0.5% suggests the local economy is struggling to keep pace with national trends.
Housing in Tipton County is roughly in line with national affordability norms. The median home costs $240,600 and the income-to-home-value ratio sits at 0.31, with rents averaging $1,013/month. Not a bargain, but not a stretch for most local earners either.
Population and employment in Tipton County are both close to flat — population +0.3% YoY and jobs +0.5%. Home values shifted +1.8% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.
There's a moderate stream of newcomers. About 2.59% of residents moved from another state, which is above average and suggests Tipton County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.