District 4
RANK #882 / 996 NAT · #31 / 33 TN · POP 61,116
1YR FORECAST: +0.1%
5YR OUTLOOK: +13%
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.
Overvalued relative to economy
Well below national median
Below national median
Below-average climate & terrain
Housing looks overvalued at 9.2x — 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.
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 996 counties.
The data is not encouraging — Tipton County scores just 11/100 on the Boom Town Index, ranking #882 of 996 counties. Job growth at -1.8% and median household income of $70,674 reflect an economy that has been contracting or stagnating relative to the rest of the country.
Housing in Tipton County is roughly in line with national affordability norms. The median home costs $203,500 and the income-to-home-value ratio sits at 0.35, with rents averaging $1,013/month. Not a bargain, but not a stretch for most local earners either.
Tipton County's job market is contracting (-1.8% YoY) while population is roughly stable (+0.4% change). Home values are +0.8% over the past 12 months. Hiring headwinds without an offsetting exodus — residents are staying, but local employers are shedding payroll.
There's a moderate stream of newcomers. About 2.87% 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.