Tipton County, Tennessee: commercial real estate data.
Tipton County, Tennessee had an estimated 62,187 residents on July 1, 2024, up 2.0 percent since the 2020 census base of 60,977, across 458 square miles. County output reached $1.76 bn in 2024, 777 establishments operate here, and the SBA record carries 12 7(a) approvals worth $8.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Tipton County
How many people live in Tipton County
- Population, American Community Survey 2020-202461,553
- Households22,660
- Average household size2.72
- Median household income$74,127
- Median age39.0
- Median gross rent$1,013 per month
- Median owner-occupied home value$240,600
- Home value to household income3.2 times
- Annual rent as a share of median income16.4 percent
- Adults 25 and over with a bachelor degree or higher20.7 percent
- Adults 25 and over with a graduate degree7.2 percent
- Adults 25 and over42,091
- Population under 1814,490
- Share under 1823.5 percent
- Population 65 and over9,617
- Share 65 and over15.6 percent
- Working age population, 18 to 6437,446
- Civilian labor force29,181
- Unemployment rate5.5 percent
- Labor force participation, adults 18 and over62.0 percent
- Rank by population among Tennessee counties23rd of 95
- Rank by population among US county-equivalents, Puerto Rico included878th of 3,222
Tipton County is the 23rd largest of 95 Tennessee counties by population. A median home costs 3.2 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 23.5 percent against 15.6 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Tipton County
Is Tipton County's population growing?
- Population, July 1, 202462,187
- Census 2020 base population60,977
- Population change since the 2020 census base1.98 percent
- Population change, 2023 to 2024302
- Births, 2024697
- Deaths, 2024771
- Natural change, 2024-74
- Net domestic migration, 2024381
- Net international migration, 2024-1
- Total net migration, 2024380
- Cumulative net domestic migration, 2021 to 20241,570
- Rank by growth among US county-equivalents1173rd of 3,144
The county has grown 1.98 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Tipton County
Where are people moving to Tipton County from?
- Tax returns filed by households arriving1,686
- People arriving, from those returns3,271
- Tax returns filed by households leaving1,406
- Net household movement280
- Adjusted gross income arriving$91.1 m
- Net adjusted gross income movement$19.0 m
- Average income of an arriving household$54,043
- Average income of a leaving household$51,286
- Largest single originShelby County (821 households)
- Largest single destinationShelby County (600 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Shelby County | 821 | 1,589 | $45.1 m |
| Lauderdale County | 73 | 128 | $2.6 m |
| Fayette County | 58 | 113 | $3.6 m |
| DeSoto County | 39 | 76 | $2.1 m |
| Haywood County | 32 | 56 | $1.1 m |
| Madison County | 20 | 34 | $1.2 m |
Households arriving report $2,757 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Shelby County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Tipton County
What is the Tipton County economy?
- County GDP, 2024$1.76 bn
- County GDP, 2023$1.71 bn
- GDP change, 2023 to 20242.8 percent
- GDP change over five years31.1 percent
- Rank by GDP among the Tennessee areas BEA publishes39th of 95
- Rank by GDP among the US county areas BEA publishes1380th of 3,127
- GDP per resident$28,648
Output grew 2.8 percent in the latest year and 31.1 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Tipton County
Employment by industry in Tipton County
- Covered employment, annual average11,848
- Establishments reporting962
- Average annual pay$50,303
- Average weekly wage$967
- Manufacturing, employment1,781
- Manufacturing, average annual pay$61,219
- Retail trade, employment1,697
- Retail trade, average annual pay$33,926
- Construction, employment1,449
- Construction, average annual pay$75,393
- Accommodation and food services, employment966
- Accommodation and food services, average annual pay$19,192
- Administrative and support and waste management services, employment362
- Transportation and warehousing, employment334
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 1,781 | 36 | $61,219 |
| Retail trade | 1,697 | 149 | $33,926 |
| Construction | 1,449 | 123 | $75,393 |
| Accommodation and food services | 966 | 78 | $19,192 |
| Administrative and support and waste management services | 362 | 55 | $39,894 |
| Transportation and warehousing | 334 | 31 | $60,896 |
| Finance and insurance | 260 | 61 | $74,654 |
| Other services, except public administration | 207 | 58 | $44,021 |
Manufacturing is the largest private sector at 1,781 jobs, 15.0 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Tipton County
How many businesses are in Tipton County?
- Establishments, all industries777
- Employment at those establishments10,691
- Annual payroll$477.6 m
- Establishments per 1,000 residents12.6
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Tipton County
Building permits in Tipton County
- Housing units authorized by permit, 2024215
- Declared construction value permitted$50.3 m
- Single family units authorized167
- Multifamily units authorized48
- Multifamily share of units22.3 percent
- Average declared value per unit$234,121
- Units authorized per 1,000 households9.5
Single-family homes are 77.7 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Tipton County
SBA loans in Tipton County (7(a) and 504)
- 7(a) approvals recorded12
- 7(a) gross approval dollars$8.1 m
- Average 7(a) approval$672,083
- Median 7(a) approval$348,000
- Largest single approval$4,800,000
- Jobs reported supported, 7(a)332
- Jobs per approval27.7
- Distinct 7(a) lenders active10
- Distinct industries receiving approvals9
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer25.0 percent
- Loans on real estate terms3
- Loans on working capital terms, 120 months or shorter8
- Franchise loans3
- Franchise share of approvals25.0 percent
- 504 approvals recorded1
- 504 gross approval dollars$544,000
- Average 504 approval$544,000
- Median 504 approval$544,000
- Distinct CDCs active1
- 504 jobs per approval15.0
- 504 jobs per million dollars approved27.6
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$8.6 m
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Tipton County
SBA loan default and charge-off rates in Tipton County
Do SBA loans in Tipton County get paid back?
- Loans with a final outcome recorded0
- Paid in full0
- Charged off0
- Status: Exempt from disclosure8
- Status: Committed, not yet disbursed3
- Status: Cancelled1
Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Tipton County
SBA lending by place in Tipton County
- Borrower cities with recorded lending3
- Atoka, approvals7
- Covington, approvals4
- Munford, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Atoka | 7 | $2,573,200 |
| Covington | 4 | $5,341,800 |
| Munford | 1 | $150,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Tipton County
How large is Tipton County?
- Land area458 sq mi
- Rank by land area among Tennessee counties47th of 95
- Width, east to west40 mi
- Height, north to south19 mi
- Geographies sharing a boundary6
- Residents per square mile of land134
- Establishments per square mile1.70
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Tipton County
Flood risk in Tipton County
- Participation of the county's own NFIP community Tipton County, unincorporated areasParticipating, community 470340
- Communities in the county in the NFIP Community Status Book8
- Of those, participating in the NFIP7
- NFIP participation rate87.5 percent
- Communities carrying a CRS class0
- Radon levels in Tipton County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Tipton County (community 470340), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Tipton County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 87.5 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Tipton County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Tipton County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202461,553
- Households22,660
- Average household size2.72
- Median household income$74,127
- Median age39.0
Common questions
Tipton County questions, answered from the record.
How many people live in Tipton County, Tennessee?
The Census Bureau estimates 62,187 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 61,553, in 22,660 households, ranking 23rd of 95 Tennessee counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Tipton County's population growing?
The population has grown 1.98 percent since the 2020 census base of 60,977, to 62,187 on July 1, 2024. In 2024 there were 697 births against 771 deaths, with net migration of 380. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Tipton County?
$74,127. The median owner-occupied home is valued at $240,600, which is 3.2 times income, and median gross rent is $1,013 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Tipton County?
777 establishments, employing 10,691 people with an annual payroll of $477.6 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Tipton County?
Manufacturing is the largest private sector at 1,781 jobs, 15.0 percent of covered employment. Covered employment averages 11,848 jobs at an average annual pay of $50,303, or $967 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Tipton County?
12 7(a) approvals totaling $8.1 m since FY2020, across 10 lenders, with a median approval of $348,000, plus 1 504 approvals worth $544,000 since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Tipton County?
215 housing units were authorized by permit in 2024, with a declared construction value of $50.3 m. Multifamily was 22.3 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Tipton County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Tipton County come from?
The largest single origin is Shelby County, with 821 households. Arriving households report an average income of $54,043 against $51,286 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Tipton County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Tipton County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Tipton County
Cities and places in Tipton.
9 Census places lie wholly or partly in Tipton County. All 9 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Atoka | town | 10,385 | 7 | Wholly in this county |
| Covington | city | 8,587 | 4 | Wholly in this county |
| Munford | city | 6,588 | 1 | Wholly in this county |
| Brighton | town | 2,889 | None recorded | Wholly in this county |
| Mason | town | 1,039 | None recorded | Wholly in this county |
| Gilt Edge | city | 516 | None recorded | Wholly in this county |
| Burlison | town | 398 | None recorded | Wholly in this county |
| Garland | town | 370 | None recorded | Wholly in this county |
| Randolph | CDP | 252 | None recorded | Wholly in this county |