HomeTennesseeDecatur CountyParsons city
Parsons city, Tennessee: commercial real estate data.
Parsons city is a Census city of 2,686 people across 4.05 square miles of land, in Decatur County. Median household income is $36,154, 59.9 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $3.0 m.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Parsons
What Parsons is
- Census place typecity
- Land area4.05 sq mi
- Water area0 sq mi
- Population per square mile of land664
- County holding the largest share of its areaDecatur County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parsons
How many people live in Parsons
- Population2,686
- Median age45.0
- Population under 18565 plus or minus 143
- Share under 1821.0 percent
- Population 65 and over639 plus or minus 176
- Share 65 and over23.8 percent plus or minus 5.3
- Households1,064
- Family households570 plus or minus 130
- Share of households that are families53.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parsons
Income and work in Parsons
- Median household income$36,154 plus or minus $10,568
- Per capita income$24,944
- Civilian labor force1,048 plus or minus 210
- Employed971
- Unemployed77 plus or minus 72
- Unemployment rate7.3 percent plus or minus 6.7
- Adults 25 and over1,976
- Adults 25 and over with a high school diploma or higher78.5 percent
- Adults 25 and over with a bachelor degree or higher8.4 percent plus or minus 3.9
- Adults 25 and over with a graduate degree2.1 percent plus or minus 2.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parsons
Housing in Parsons
- Housing units1,248
- Occupied units1,064
- Vacant units184 plus or minus 81
- Vacancy rate14.7 percent plus or minus 6.1
- Owner occupied637 plus or minus 156
- Renter occupied427 plus or minus 121
- Ownership rate59.9 percent
- Median owner-occupied home value$118,100 plus or minus $28,898
- Median gross rent, monthly$738
- Annual rent as a share of median income24.5 percent plus or minus 8.1
- Single family units867 plus or minus 176
- Share single family69.5 percent
- Units in buildings of two or more211 plus or minus 99
- Share in buildings of two or more16.9 percent plus or minus 7.5
- Mobile homes170 plus or minus 87
- Median year structure built1977
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parsons
How Parsons gets to work
- Workers 16 and over who commute864
- Commuting under 15 minutes433 plus or minus 134
- Share commuting under 15 minutes50.1 percent plus or minus 12.1
- Commuting 30 minutes or more320 plus or minus 113
- Share commuting 30 minutes or more37.0 percent plus or minus 10.9
- Drove alone78.5 percent
- Carpooled10.5 percent plus or minus 7.0
- Public transport0.0 percent
- Walked0.8 percent plus or minus 1.1
- Worked from home10.2 percent plus or minus 6.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Parsons
SBA loans in Parsons (7(a))
- Approvals2
- Gross approval$3,000,000
- Average approval$1,500,000
- Median approval$1,900,000
- Ninetieth percentile approval$1,900,000
- Largest approval$1,900,000
- Jobs supported68
- Jobs per approval34.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Decatur County, not Parsons
Decatur County context, not Parsons figures
These are Decatur County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Parsons measurements.
- Establishments in Decatur County228
- Employment at those establishments, Decatur County3,053
- Covered employment, Decatur County3,565
- Average annual pay, Decatur County$46,601
- Average weekly wage, Decatur County$896
- Housing units permitted, Decatur County12
- Of those, single family, Decatur County8
- County product, 2024, Decatur County$456,719,000
- County product change over the prior year, Decatur County7.5 percent
- Average income of an arriving household, Decatur County$51,974
Every figure in this section is published for Decatur County as a whole and is not a measurement of Parsons. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Parsons questions, answered from the record.
How many people live in Parsons, Tennessee?
2,686, in 1,064 households. Parsons city covers 4.05 square miles of land, which is 664 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Parsons in?
Decatur County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Parsons?
$36,154. The median owner-occupied home is valued at $118,100. Median gross rent is $738 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Parsons businesses?
2 7(a) approvals totalling $3.0 m, across 1 lenders, median approval $1,900,000. These count approvals to borrowers whose address is in Parsons, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Parsons borrowers get paid back?
No rate is published for Parsons. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Parsons figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Decatur County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Parsons.
Is zoning published for Parsons?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.