Monteagle: Economy & Jobs
Earnings in Monteagle center on a median $63,438 (about the same as Marion County median $61,824; 1.1× below Tennessee median $69,595), with homes at a median value of $309,500. The surrounding county supports 11,619 jobs (avg $52,979).
- $67,053 avg taxable income per return — similar than the median household income (vs Tennessee $77,241).
Income & Affordability
Median household income $63,438 — below the Tennessee median ($67,259). Poverty rate 13.0% (U.S. average ~12.5%). 27% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).
| Affordability · Home Price To Income | 4.9× |
|---|---|
| Affordability · Home Affordability | moderate |
| Affordability · Rent Pct Income | 14.1% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 26.7% |
| Affordability · Poverty Rate | 13.0% |
| Affordability · Property Tax Pct Income | 1.7% |
| Irs Income · IRS tax returns filed | $19,530 |
| Irs Income · Total Adjusted Gross Income (thousands) | $1,309,553 |
| Irs Income · Average AGI per return | $67,053 (vs Tennessee $77,241) |
| Irs Income · Year | 2022 |
| Income Estimate | $60,400 |
| Median Household Income | $63,438 (vs Tennessee $67,259) |
| Poverty Rate | 13.0% |
Sources: IRS SOI 2022 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Economic Character
Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.
| Economic Character · Workforce | white_collar |
|---|---|
| Economic Character · Top Industry | Education Healthcare |
| Economic Character · Income Level | middle-class |
| Economic Character · Median Income | $63,438 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 5.0% — above the U.S. average of ~4%. 14% work from home (U.S. average ~15%).
| Commuter Profile · Work From Home Pct | 14.5% |
|---|---|
| Commuter Profile · Primary Mode | drove alone |
| Employment · Avg annual employment (county) | 11,619 |
| Employment · Total annual wages (county) | $615,558,800 |
| Employment · Average annual pay | $52,979 |
| Employment · Year | 2024 |
| State Occupation Wages · Year | 2023 |
| State Occupation Wages · All Occupations · Soc Code | 00-0000 |
| State Occupation Wages · All Occupations · Title | All Occupations |
| State Occupation Wages · All Occupations · Employment | 3,219,060 |
| Unemployment Rate | 5.0% (vs Tennessee 3.2%) |
Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Industry Sectors
Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.
| Agriculture · Total Farms | 686 |
|---|---|
| Agriculture · Land In Farms Acres | 4,452 |
| Agriculture · Avg Farm Size Acres | 6.50 |
| Agriculture · Top Commodities | Animal Totals, Crop Totals, Poultry Totals, Grain, Horticulture Totals |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 739 |
| Business Patterns · Total Employees | 12,764 |
| Business Patterns · Annual Payroll Thousands | 626,133 |
| Business Patterns · Year | 2022 |
Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match
Local Business Mix
Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.
| Local Businesses · Grocery Stores | 7 |
|---|---|
| Local Businesses · Convenience Stores | 8 |
| Local Businesses · Liquor Stores | 6 |
| Local Businesses · Gas Stations | 34 |
| Local Businesses · General Merchandise | 12 |
| Local Businesses · New Car Dealers | 3 |
| Local Businesses · Beauty Salons | 5 |
| Local Businesses · Auto Repair | 4 |
Sources: Census CBP — NAICS detail codes
Dining Scene
Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.
| Dining Scene · Full Service Restaurants | 26 |
|---|---|
| Dining Scene · Fast Food | 21 |
| Dining Scene · Coffee Snacks | 8 |
Sources: Census CBP NAICS 722
Banking
FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.
Branches (3)
SNAP & Food Access
USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.
Sample (5)
| Nearest Snap · Name | MONTEAGLE PIGGLY WIGGLY |
|---|---|
| Nearest Snap · Total In Area | 11 |
Chamber of Commerce
IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.
| Chamber Of Commerce · Name | FRANKLIN COUNTY CHAMBER OF COMMERCE INC |
|---|
Sources: IRS EO BMF · Refreshed 2026-04-12
Spending & Tax
Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).
| Federal Spending · Federal Spending Fy2024 | $306,122,248 |
|---|---|
| Federal Spending · Per Capita | 7,156.74 (at Tennessee median) |
| Federal Spending · Population | 42,774 people (vs Tennessee 63,091) |
Sources: USAspending API
Other
| Pct Drove Alone | 69.6% |
|---|---|
| Pct Public Transit | 1.9% |
| Pct Walked | 14.5% |
| Retirement Score · Median age | 43.0 years (vs Tennessee 35.0y) |
| Retirement Score · Ss Household Pct | 42.8% |
| Retirement Score · Hospitals Nearby | 1 |
| Retirement Score · Va Access | Yes |
| Retirement Score · Factors | older population, strong SS base, hospital access, VA nearby |
| Retirement Score · Rating | excellent |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12