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Tennessee : What you need to know

From the Great Smoky Mountains to the Mississippi River, Tennessee stands out as a center of culture, entertainment, natural beauty and innovation. The Volunteer State's musical heritage stretches from Beale Street in Memphis to the Grand Ole Opry in Nashville and made it a natural location for companies such as fabled instrument maker Gibson. These sites and sounds are only a few of the reason millions of people also choose Tennessee as a vacation destination. The best places to live in Tennessee include Franklin, which ranked No. 15 on Livability.com's 2017 List.

The state is a research leader that claims assets such as St. Jude Children's Research Hospital in Memphis and Oak Ridge National Laboratory in Oak Ridge, East Tennessee.

Eight Fortune 500 companies are based in Tennessee, including global logistics giant FedEx. Nashville is a hub of health care, home to more than 300 health-related companies. Tennessee is in the heart of the Southeast's Automotive Alley, where more than 900 automotive manufacturing operations are based, including major assembly operations for Nissan and General Motors.

The University of Tennessee, with its flagship campus in Knoxville, anchors the state's vast higher education system. Vanderbilt University in Nashville one of the nation's top research universities.

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Tennessee Profile

Quick Facts about TN

Population 6,499,615
Latest Population Increase 0.00%
Median Household Income $45,219
Median Home Price $142,100
Median Property Tax $1,181
Median Rent $67

Employment Rate in TN

  Employed 95.2%
  Unemployed 4.8%

Race in TN

  Ethnicity White 77.8%
  Ethnicity Black 16.8%
  Ethnicity Asian 1.6%
  Ethnicity Hawaiian 0.1%
  Ethnicity Hispanic 4.9%
  Ethnicity Indian 0.3%
  Ethnicity Other 1.5%

Employment Rate in TN

  Employed 95.2%
  Unemployed 4.8%

Educational Levels in TN

  Bachelor's Degree 15.9%
  Associate's Degree 6.6%
  Graduate or Professional Degree 9%
  High School Graduate 33%
  Some College, No Degree 21%
  Percent Bachelor's Degree or Higher 24.9%
  Percent High School Graduate or Higher 85.5%

Industry in TN

Agriculture, Forestry, Fishing and Hunting and Mining 1%
Construction 6.2%
Manufacturing 13.1%
Wholesale Trade 2.7%
Retail Trade 12.2%
Transportation and Warehousing, and Utilities 6.3%
Information 1.9%
Finance and Insurance, and Real Estate and Rental and Leasing 5.7%
Professional, Scientific and Management and Administrative and Waste 9.4%
Educational Services and Health Care and Social Assistance 22.8%
Arts, Entertainment and recreation and Accommodation and food Services 9.3%
Other Services, Except Public Administration 4.9%
Public Administration 4.4%

Housing in TN

  Homes Rent 66.8%
  Homes Owned 33.2%

Tennessee Rankings

Best places to Live in Tennessee

Title Population Median Home Price Median Household Income
Memphis 657,167 $94,000 $36,445
Nashville 634,512 $167,500 $47,621
Knoxville 183,066 $118,300 $34,226
Chattanooga 174,483 $145,000 $40,177
Clarksville 143,618 $137,900 $46,947
Murfreesboro 117,983 $181,900 $51,094
Franklin 72,639 $321,400 $85,671
Jackson 67,161 $119,700 $38,153
Johnson City 64,978 $153,800 $39,566
Bartlett 58,107 $171,300 $81,158
Hendersonville 54,168 $201,700 $61,786
Kingsport 52,898 $135,700 $37,465
Collierville 47,434 $272,800 $110,084
Smyrna 43,580 $149,700 $53,764
Cleveland 42,895 $159,400 $36,669
Brentwood 39,974 $506,300 $141,833
Germantown 39,262 $288,500 $109,464
Columbia 35,627 $118,400 $36,426
La Vergne 34,081 $126,500 $54,659
Spring Hill 32,831 $213,300 $78,588