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Madisonville Demographic Profile

The population in the Madisonville, TN* was 17,438 per American Community Survey data for 2014-2018. 

The region has a civilian labor force of 7,466 with a participation rate of 51.9%. Of individuals 25 to 64 in the Madisonville, TN*, 12.9% have a bachelor’s degree or higher which compares with 32.9% in the nation. 

The median household income in the Madisonville, TN* is $36,262 and the median house value is $125,000. 

Summary1

 

Percent

Value

 

Proxy for Madisonville, TN*

Tennessee

USA

Proxy for Madisonville, TN*

Tennessee

USA

Demographics

Population (ACS)

17,438

6,651,089

322,903,030

Male

51.0%

48.8%

49.2%

8,891

3,243,678

158,984,190

Female

49.0%

51.2%

50.8%

8,547

3,407,411

163,918,840

Median Age2

42.0

38.7

37.9

Under 18 Years

21.1%

22.6%

22.8%

3,683

1,501,394

73,553,240

18 to 24 Years

9.0%

9.3%

9.6%

1,563

618,989

30,903,719

25 to 34 Years

10.3%

13.4%

13.8%

1,792

893,011

44,567,976

35 to 44 Years

13.6%

12.6%

12.6%

2,377

838,176

40,763,210

45 to 54 Years

12.7%

13.4%

13.2%

2,215

890,255

42,589,573

55 to 64 Years

13.6%

13.0%

12.8%

2,369

864,051

41,286,731

65 to 74 Years

12.5%

9.4%

8.8%

2,188

625,727

28,535,419

75 Years, and Over

7.2%

6.3%

6.4%

1,251

419,486

20,703,162

Race: White

96.0%

77.7%

72.7%

16,735

5,166,231

234,904,818

Race: Black or African American

2.0%

16.8%

12.7%

342

1,117,489

40,916,113

Race: American Indian and Alaska Native

0.4%

0.3%

0.8%

69

17,848

2,699,073

Race: Asian

0.0%

1.7%

5.4%

0

112,915

17,574,550

Race: Native Hawaiian and Other Pacific Islander

0.0%

0.1%

0.2%

0

3,806

582,718

Race: Some Other Race

0.4%

1.4%

4.9%

68

90,666

15,789,961

Race: Two or More Races

1.3%

2.1%

3.2%

224

142,134

10,435,797

Hispanic or Latino (of any race)

5.6%

5.3%

17.8%

984

352,402

57,517,935

Economic

Labor Force Participation Rate and Size (civilian population 16 years and over)5

51.9%

61.1%

63.2%

7,466

3,239,353

162,248,196

Prime-Age Labor Force Participation Rate and Size (civilian population 25-54)5

72.1%

79.4%

81.8%

4,596

2,071,662

104,136,254

Armed Forces Labor Force5

0.1%

0.3%

0.4%

8

18,045

1,028,133

Veterans, Age 18-645

6.3%

5.6%

4.7%

649

229,014

9,398,789

Veterans Labor Force Participation Rate and Size, Age 18-645

68.0%

72.7%

76.3%

441

166,412

7,168,168

Median Household Income2,5

$36,262

$50,972

$60,293

Per Capita Income5

$23,054

$28,511

$32,621

Mean Commute Time (minutes)5

28.2

25.0

26.6

Commute via Public Transportation5

0.0%

0.7%

5.0%

0

21,786

7,602,145

Educational Attainment, Age 25-64

No High School Diploma

18.3%

10.9%

11.2%

1,600

380,854

18,885,967

High School Graduate

40.5%

31.7%

25.8%

3,542

1,103,937

43,699,272

Some College, No Degree

19.2%

21.4%

21.0%

1,684

744,332

35,525,113

Associate's Degree

9.1%

7.9%

9.1%

796

275,418

15,389,737

Bachelor's Degree

8.4%

18.3%

20.8%

735

636,583

35,261,652

Postgraduate Degree

4.5%

9.9%

12.1%

396

344,369

20,445,749

Housing

Total Housing Units

7,945

2,930,530

136,384,292

Median House Value (of owner-occupied units)2

$125,000

$158,600

$204,900

Homeowner Vacancy

1.0%

1.7%

1.7%

51

29,572

1,304,850

Rental Vacancy

5.4%

7.0%

6.0%

96

66,691

2,822,053

Renter-Occupied Housing Units (% of Occupied Units)

24.4%

33.7%

36.2%

1,687

865,902

43,285,318

Occupied Housing Units with No Vehicle Available (% of Occupied Units)5

4.3%

5.9%

8.7%

297

151,711

10,424,934

Social

Poverty Level (of all people)5

19.1%

16.1%

14.1%

3,248

1,046,508

44,257,979

Households Receiving Food Stamps/SNAP

18.2%

14.8%

12.2%

1,260

379,325

14,635,287

Enrolled in Grade 12 (% of total population)

1.9%

1.3%

1.4%

332

86,956

4,442,295

Disconnected Youth3,5

5.1%

2.2%

2.6%

59

7,433

438,452

Children in Single Parent Families (% of all children)5

28.9%

36.7%

34.3%

908

515,536

23,973,249

Uninsured

11.5%

10.1%

9.4%

1,968

660,872

29,752,767

With a Disability, Age 18-645

16.9%

13.5%

10.3%

1,706

545,168

20,240,504

With a Disability, Age 18-64, Labor Force Participation Rate and Size5

35.1%

36.6%

41.6%

599

199,539

8,421,018

Foreign Born

2.7%

5.0%

13.5%

474

334,062

43,539,499

Speak English Less Than Very Well (population 5 yrs and over)

0.6%

2.9%

8.5%

105

182,632

25,647,781

Source: JobsEQ®

1. American Community Survey 2014-2018, unless noted otherwise

2. Median values for certain aggregate regions (such as MSAs) may be estimated as the weighted averages of the median values from the composing counties.

3. Disconnected Youth are 16-19 year olds who are (1) not in school, (2) not high school graduates, and (3) either unemployed or not in the labor force.

4. Census 2019, annual average growth rate since 2009

5. See Rio Arriba errata note in the Data Dictionary.

* This user-defined region contains one or more partial ZCTA areas. Any such partial ZCTA within this region definition has been replaced by the full ZCTA for purposes of being described via the above data.

Employment Trends

As of 2019Q4, total employment for the Madisonville, TN was 4,169 (based on a four-quarter moving average). Over the year ending 2019Q4, employment increased 1.7% in the region. 

pastedGraphic.png

Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Data are updated through 2019Q2 with preliminary estimates updated to 2019Q4. 

Wage Trends

The average worker in the Madisonville, TN earned annual wages of $38,865 as of 2019Q4. Average annual wages per worker increased 1.9% in the region over the preceding four quarters. For comparison purposes, annual average wages were $57,413 in the nation as of 2019Q4.

pastedGraphic_1.png

Annual average wages per worker data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Data are updated through 2019Q2 with preliminary estimates updated to 2019Q4.

 

Cost of Living Index

The Cost of Living Index estimates the relative price levels for consumer goods and services. When applied to wages and salaries, the result is a measure of relative purchasing power.  The cost of living is 18.8% lower in Madisonville, TN than the U.S. average.  

Cost of Living Information

 

Annual Average Salary

Cost of Living Index (Base US)

US Purchasing Power

Madisonville, TN

$38,865

81.2

$47,847

Tennessee

$50,143

88.9

$56,383

USA

$57,413

100.0

$57,413

Source: JobsEQ®

Data as of 2019Q4

Cost of Living per C2ER, data as of 2019q4, imputed by Chmura where necessary.

Industry Snapshot

The largest sector in the Madisonville, TN is Retail Trade, employing 717 workers. The next-largest sectors in the region are Accommodation and Food Services (586 workers) and Public Administration (526). High location quotients (LQs) indicate sectors in which a region has high concentrations of employment compared to the national average. The sectors with the largest LQs in the region are Public Administration (LQ = 2.69), Other Services (except Public Administration) (1.79), and Retail Trade (1.67).

pastedGraphic_2.png

Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Data are updated through 2019Q2 with preliminary estimates updated to 2019Q4. 

Sectors in the Madisonville, TN with the highest average wages per worker are Management of Companies and Enterprises ($97,553), Utilities ($65,508), and Wholesale Trade ($64,900). Regional sectors with the best job growth (or most moderate job losses) over the last 5 years are Public Administration (+100 jobs), Accommodation and Food Services (+67), and Retail Trade (+57).

Over the next 1 year, employment in the Madisonville, TN is projected to expand by 34 jobs. The fastest growing sector in the region is expected to be Health Care and Social Assistance with a +1.7% year-over-year rate of growth. The strongest forecast by number of jobs over this period is expected for Accommodation and Food Services (+9 jobs), Health Care and Social Assistance (+6), and Public Administration (+4).

 

Current

5-Year History

1-Year Forecast

NAICS

Industry

Empl

Avg Ann Wages

LQ

Empl Change

Ann %

Total Demand

Exits

Transfers

Empl Growth

Ann % Growth

44

Retail Trade

717

$26,532

1.67

57

1.7%

98

42

53

2

0.3%

72

Accommodation and Food Services

586

$14,440

1.56

67

2.5%

104

42

53

9

1.5%

92

Public Administration

526

$37,802

2.69

100

4.3%

52

20

28

4

0.7%

61

Educational Services

391

$36,148

1.15

-90

-4.0%

37

17

19

0

0.1%

62

Health Care and Social Assistance

375

$38,319

0.62

-63

-3.0%

42

17

18

6

1.7%

81

Other Services (except Public Administration)

334

$22,758

1.79

17

1.1%

41

17

21

2

0.7%

56

Administrative and Support and Waste Management and Remediation Services

268

$32,130

1.00

35

2.8%

34

13

18

3

1.1%

52

Finance and Insurance

180

$42,760

1.10

5

0.6%

18

6

10

1

0.5%

23

Construction

176

$38,440

0.74

-12

-1.3%

20

6

11

2

1.3%

31

Manufacturing

175

$50,094

0.51

19

2.4%

18

7

12

0

0.2%

48

Transportation and Warehousing

127

$56,086

0.67

41

8.2%

14

6

8

1

0.7%

71

Arts, Entertainment, and Recreation

89

$24,384

1.07

36

10.8%

14

6

7

1

1.3%

11

Agriculture, Forestry, Fishing and Hunting

70

$10,381

1.27

-2

-0.5%

8

3

4

0

0.0%

54

Professional, Scientific, and Technical Services

70

$40,478

0.25

-10

-2.6%

7

2

4

1

1.1%

51

Information

33

$37,642

0.40

-2

-1.1%

4

1

2

1

1.5%

53

Real Estate and Rental and Leasing

25

$43,100

0.35

8

7.7%

3

1

1

0

0.8%

42

Wholesale Trade

23

$64,900

0.15

-11

-7.5%

3

1

2

0

0.3%

55

Management of Companies and Enterprises

2

$97,553

0.03

0

-3.2%

0

0

0

0

0.9%

21

Mining, Quarrying, and Oil and Gas Extraction

1

$43,932

0.06

1

n/a

0

0

0

0

0.8%

22

Utilities

1

$65,508

0.03

0

n/a

0

0

0

0

0.2%

99

Unclassified

0

n/a

0.00

-1

n/a

0

0

0

0

 

 

Total - All Industries

4,169

$38,865

1.00

195

1.0%

490

195

261

34

0.8%

Source: JobsEQ®

Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Data are updated through 2019Q2 with preliminary estimates updated to 2019Q4. Forecast employment growth uses national projections adapted for regional growth patterns.

Occupation Snapshot

The largest major occupation group in the Madisonville, TN is Office and Administrative Support Occupations, employing 584 workers. The next-largest occupation groups in the region are Food Preparation and Serving Related Occupations (575 workers) and Sales and Related Occupations (508). High location quotients (LQs) indicate occupation groups in which a region has high concentrations of employment compared to the national average. The major groups with the largest LQs in the region are Protective Service Occupations (LQ = 1.95), Food Preparation and Serving Related Occupations (1.60), and Community and Social Service Occupations (1.28).

Occupation groups in the Madisonville, TN with the highest average wages per worker are Legal Occupations ($92,500), Architecture and Engineering Occupations ($74,400), and Management Occupations ($70,300). The unemployment rate in the region varied among the major groups from 1.5% among Management Occupations to 7.7% among Farming, Fishing, and Forestry Occupations.

Over the next 1 year, the fastest growing occupation group in the Madisonville, TN is expected to be Personal Care and Service Occupations with a +1.7% year-over-year rate of growth. The strongest forecast by number of jobs over this period is expected for Food Preparation and Serving Related Occupations (+8 jobs) and Management Occupations (+3). Over the same period, the highest separation demand (occupation demand due to retirements and workers moving from one occupation to another) is expected in Food Preparation and Serving Related Occupations (103 jobs) and Sales and Related Occupations (75).

Madisonville, TN, 2019Q41

 

Current

5-Year History

1-Year Forecast

SOC

Occupation

Empl

Avg Ann Wages2

LQ

Unempl

Unempl Rate

Online Job Ads3

Empl Change

Ann %

Total Demand

Exits

Transfers

Empl Growth

Ann % Growth

43‑0000

Office and Administrative Support

584

$32,300

0.98

34

3.8%

11

24

0.8%

66

30

35

1

0.1%

35‑0000

Food Preparation and Serving Related

575

$20,900

1.60

53

6.1%

30

64

2.4%

112

46

57

8

1.4%

41‑0000

Sales and Related

508

$32,000

1.24

34

5.1%

31

36

1.5%

76

34

41

2

0.3%

25‑0000

Education, Training, and Library

286

$43,000

1.23

7

3.1%

1

-94

-5.5%

25

12

12

1

0.3%

11‑0000

Management

279

$70,300

1.07

6

1.5%

3

12

0.9%

25

9

13

3

0.9%

53‑0000

Transportation and Material Moving

241

$31,800

0.83

35

5.1%

15

36

3.3%

31

13

17

2

0.8%

29‑0000

Healthcare Practitioners and Technical

208

$63,400

0.87

4

1.7%

9

26

2.7%

15

6

6

3

1.3%

37‑0000

Building and Grounds Cleaning and Maintenance

180

$26,600

1.25

18

5.6%

1

29

3.5%

24

10

12

2

1.1%

33‑0000

Protective Service

174

$39,200

1.95

3

2.2%

1

27

3.5%

16

7

8

1

0.8%

47‑0000

Construction and Extraction

164

$39,500

0.86

25

5.2%

1

4

0.5%

19

6

11

2

1.3%

51‑0000

Production

163

$36,500

0.66

69

4.7%

2

-4

-0.5%

19

7

12

0

0.3%

39‑0000

Personal Care and Service

153

$23,800

0.84

8

4.0%

8

-11

-1.3%

27

12

12

3

1.7%

49‑0000

Installation, Maintenance, and Repair

148

$41,400

0.92

11

2.8%

3

-14

-1.8%

15

5

9

1

0.7%

13‑0000

Business and Financial Operations

137

$54,100

0.63

3

2.7%

n/a

14

2.2%

14

4

8

1

1.0%

21‑0000

Community and Social Service

90

$39,100

1.28

1

2.0%

4

16

3.9%

11

4

6

1

1.2%

31‑0000

Healthcare Support

82

$27,200

0.72

4

3.3%

4

-1

-0.2%

11

5

5

1

1.6%

27‑0000

Arts, Design, Entertainment, Sports, and Media

60

$37,600

0.80

1

3.9%

2

13

4.9%

7

3

3

0

0.8%

15‑0000

Computer and Mathematical

44

$58,700

0.36

1

2.9%

n/a

4

2.1%

4

1

2

1

1.2%

17‑0000

Architecture and Engineering

31

$74,400

0.43

2

2.2%

n/a

3

2.2%

3

1

1

0

1.0%

23‑0000

Legal

30

$92,500

0.86

0

n/a

n/a

6

4.4%

2

1

1

0

1.1%

19‑0000

Life, Physical, and Social Science

20

$56,100

0.60

0

n/a

n/a

3

2.8%

2

1

1

0

1.1%

45‑0000

Farming, Fishing, and Forestry

12

$31,000

0.44

5

7.7%

n/a

1

2.2%

1

0

1

0

-0.7%

 

Total - All Occupations

4,169

$39,700

1.00

324

4.3%

126

195

1.0%

526

217

275

34

0.8%

Source: JobsEQ®

Data as of 2019Q4 unless noted otherwise

Note: Figures may not sum due to rounding.

1. Data based on a four-quarter moving average unless noted otherwise.

2. Wage data are as of 2018 and represent the average for all Covered Employment

3. Data represent found online ads active within the last thirty days in the selected region; data represents a sampling rather than the complete universe of postings. Ads lacking zip code information but designating a place (city, town, etc.) may be assigned to the zip code with greatest employment in that place for queries in this analytic. Due to alternative county-assignment algorithms, ad counts in this analytic may not match that shown in RTI (nor in the popup window ad list).

Occupation employment data are estimated via industry employment data and the estimated industry/occupation mix. Industry employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and currently updated through 2019Q2, imputed where necessary with preliminary estimates updated to 2019Q4. Wages by occupation are as of 2018 provided by the BLS and imputed where necessary. Forecast employment growth uses national projections from the Bureau of Labor Statistics adapted for regional growth patterns. 

Industry Clusters

A cluster is a geographic concentration of interrelated industries or occupations. The industry cluster in the Madisonville, TN with the highest relative concentration is Public Admin. with a location quotient of 2.73. This cluster employs 526 workers in the region with an average wage of $35,710. Employment in the Public Admin. cluster is projected to expand in the region about 0.7% per year over the next ten years. 

pastedGraphic_3.png

Location quotient and average wage data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics, imputed where necessary, and updated through 2019Q2 with preliminary estimates updated to 2019Q4. Forecast employment growth uses national projections from the Bureau of Labor Statistics adapted for regional growth patterns.

Education Levels

Expected growth rates for occupations vary by the education and training required. While all employment in the Madisonville, TN is projected to grow 0.8% over the next ten years, occupations typically requiring a postgraduate degree are expected to grow 1.3% per year, those requiring a bachelor’s degree are forecast to grow 0.8% per year, and occupations typically needing a 2-year degree or certificate are expected to grow 1.1% per year. 

pastedGraphic_4.png

Employment by occupation data are estimates are as of 2019Q4. Education levels of occupations are based on BLS assignments. Forecast employment growth uses national projections from the Bureau of Labor Statistics adapted for regional growth patterns.

Madisonville, TN Regional Map

pastedGraphic_5.png

Region Definition

Madisonville, TN is defined as the following zip code tabulation areas:

ZCTA 37354 (McMinn County, TN portion)

 

ZCTA 37354 (Monroe County, TN portion)

 

FAQ

What is a location quotient?

A location quotient (LQ) is a measurement of concentration in comparison to the nation. An LQ of 1.00 indicates a region has the same concentration of an industry (or occupation) as the nation. An LQ of 2.00 would mean the region has twice the expected employment compared to the nation and an LQ of 0.50 would mean the region has half the expected employment in comparison to the nation.

What is separation demand?

Separation demand is the number of jobs required due to separations—labor force exits (including retirements) and turnover resulting from workers moving from one occupation into another. Note that separation demand does not include all turnover—it does not include when workers stay in the same occupation but switch employers. The total projected demand for an occupation is the sum of the separation demand and the growth demand (which is the increase or decrease of jobs in an occupation expected due to expansion or contraction of the overall number of jobs in that occupation).

What is a cluster?

A cluster is a geographic concentration of interrelated industries or occupations. If a regional cluster has a location quotient of 1.25 or greater, the region is considered to possess a competitive advantage in that cluster. 

What is the difference between industry wages and occupation wages? 

Industry wages and occupation wages are estimated via separate data sets, often the time periods being reported do not align, and wages are defined slightly differently in the two systems (for example, certain bonuses are included in the industry wages but not the occupation wages). It is therefore common that estimates of the average industry wages and average occupation wages in a region do not match exactly. 

What is NAICS?

The North American Industry Classification System (NAICS) is used to classify business establishments according to the type of economic activity. The NAICS Code comprises six levels, from the “all industry” level to the 6-digit level. The first two digits define the top level category, known as the “sector,” which is the level examined in this report. 

What is SOC?

The Standard Occupational Classification system (SOC) is used to classify workers into occupational categories. All workers are classified into one of over 820 occupations according to their occupational definition. To facilitate classification, occupations are combined to form 23 major groups, 96 minor groups, and 449 occupation groups. Each occupation group includes detailed occupations requiring similar job duties, skills, education, or experience. 

 

 

 

About This Report

This report and all data herein were produced by JobsEQ®, a product of Chmura Economics & Analytics. The information contained herein was obtained from sources we believe to be reliable. However, we cannot guarantee its accuracy and completeness. 


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