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Tellico Plains Demographic Profile

 

The population in ZCTA 37385 was 8,284 per American Community Survey data for 2014-2018. 

The region has a civilian labor force of 3,195 with a participation rate of 47.6%. Of individuals 25 to 64 in ZCTA 37385, 8.4% have a bachelor’s degree or higher which compares with 32.9% in the nation. 

The median household income in ZCTA 37385 is $35,862 and the median house value is $116,800. 

Summary1

 

Percent

Value

 

ZCTA 37385

Tennessee

USA

ZCTA 37385

Tennessee

USA

Demographics

Population (ACS)

8,284

6,651,089

322,903,030

Male

47.1%

48.8%

49.2%

3,905

3,243,678

158,984,190

Female

52.9%

51.2%

50.8%

4,379

3,407,411

163,918,840

Median Age2

45.3

38.7

37.9

Under 18 Years

22.3%

22.6%

22.8%

1,848

1,501,394

73,553,240

18 to 24 Years

6.1%

9.3%

9.6%

506

618,989

30,903,719

25 to 34 Years

11.3%

13.4%

13.8%

936

893,011

44,567,976

35 to 44 Years

9.9%

12.6%

12.6%

824

838,176

40,763,210

45 to 54 Years

13.5%

13.4%

13.2%

1,118

890,255

42,589,573

55 to 64 Years

16.2%

13.0%

12.8%

1,342

864,051

41,286,731

65 to 74 Years

13.4%

9.4%

8.8%

1,114

625,727

28,535,419

75 Years, and Over

7.2%

6.3%

6.4%

596

419,486

20,703,162

Race: White

95.6%

77.7%

72.7%

7,918

5,166,231

234,904,818

Race: Black or African American

0.1%

16.8%

12.7%

7

1,117,489

40,916,113

Race: American Indian and Alaska Native

1.6%

0.3%

0.8%

129

17,848

2,699,073

Race: Asian

0.6%

1.7%

5.4%

48

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

1.3%

1.4%

4.9%

106

90,666

15,789,961

Race: Two or More Races

0.9%

2.1%

3.2%

76

142,134

10,435,797

Hispanic or Latino (of any race)

2.1%

5.3%

17.8%

170

352,402

57,517,935

Economic

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

47.6%

61.1%

63.2%

3,195

3,239,353

162,248,196

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

73.6%

79.4%

81.8%

2,119

2,071,662

104,136,254

Armed Forces Labor Force5

0.0%

0.3%

0.4%

0

18,045

1,028,133

Veterans, Age 18-645

7.3%

5.6%

4.7%

346

229,014

9,398,789

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

59.0%

72.7%

76.3%

204

166,412

7,168,168

Median Household Income2,5

$35,862

$50,972

$60,293

Per Capita Income5

$19,512

$28,511

$32,621

Mean Commute Time (minutes)5

37.9

25.0

26.6

Commute via Public Transportation5

0.3%

0.7%

5.0%

8

21,786

7,602,145

Educational Attainment, Age 25-64

No High School Diploma

17.2%

10.9%

11.2%

725

380,854

18,885,967

High School Graduate

48.9%

31.7%

25.8%

2,065

1,103,937

43,699,272

Some College, No Degree

18.6%

21.4%

21.0%

784

744,332

35,525,113

Associate's Degree

6.9%

7.9%

9.1%

290

275,418

15,389,737

Bachelor's Degree

7.2%

18.3%

20.8%

305

636,583

35,261,652

Postgraduate Degree

1.2%

9.9%

12.1%

51

344,369

20,445,749

Housing

Total Housing Units

4,299

2,930,530

136,384,292

Median House Value (of owner-occupied units)2

$116,800

$158,600

$204,900

Homeowner Vacancy

6.3%

1.7%

1.7%

185

29,572

1,304,850

Rental Vacancy

13.7%

7.0%

6.0%

69

66,691

2,822,053

Renter-Occupied Housing Units (% of Occupied Units)

13.9%

33.7%

36.2%

434

865,902

43,285,318

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

4.3%

5.9%

8.7%

135

151,711

10,424,934

Social

Poverty Level (of all people)5

19.6%

16.1%

14.1%

1,601

1,046,508

44,257,979

Households Receiving Food Stamps/SNAP

20.5%

14.8%

12.2%

639

379,325

14,635,287

Enrolled in Grade 12 (% of total population)

1.2%

1.3%

1.4%

97

86,956

4,442,295

Disconnected Youth3,5

4.7%

2.2%

2.6%

26

7,433

438,452

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

27.8%

36.7%

34.3%

460

515,536

23,973,249

Uninsured

9.4%

10.1%

9.4%

779

660,872

29,752,767

With a Disability, Age 18-645

17.9%

13.5%

10.3%

844

545,168

20,240,504

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

36.8%

36.6%

41.6%

311

199,539

8,421,018

Foreign Born

1.4%

5.0%

13.5%

118

334,062

43,539,499

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

0.4%

2.9%

8.5%

33

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.

Employment Trends

As of 2019Q4, total employment for ZCTA 37385 was 976 (based on a four-quarter moving average). Over the year ending 2019Q4, employment declined 0.2% 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 ZCTA 37385 earned annual wages of $37,956 as of 2019Q4. Average annual wages per worker increased 2.1% 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 19.6% lower in ZCTA 37385 than the U.S. average.  

Cost of Living Information

 

Annual Average Salary

Cost of Living Index (Base US)

US Purchasing Power

ZCTA 37385

$37,956

80.4

$47,233

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 ZCTA 37385 is Manufacturing, employing 232 workers. The next-largest sectors in the region are Educational Services (181 workers) and Retail Trade (149). 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 Agriculture, Forestry, Fishing and Hunting (LQ = 3.25), Manufacturing (2.89), and Educational Services (2.28).

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 ZCTA 37385 with the highest average wages per worker are Wholesale Trade ($62,676), Transportation and Warehousing ($60,068), and Manufacturing ($51,034). Regional sectors with the best job growth (or most moderate job losses) over the last 5 years are Manufacturing (+30 jobs), Construction (+17), and Health Care and Social Assistance (+15).

Over the next 1 year, employment in ZCTA 37385 is projected to expand by 2 jobs. The fastest growing sector in the region is expected to be Health Care and Social Assistance with a +2.2% year-over-year rate of growth. The strongest forecast by number of jobs over this period is expected for Construction (+1 jobs), Accommodation and Food Services (+1), and Health Care and Social Assistance (+1).

 

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

31

Manufacturing

232

$51,034

2.89

30

2.8%

22

9

15

-2

-0.9%

61

Educational Services

181

$36,214

2.28

-24

-2.5%

16

8

9

-1

-0.3%

44

Retail Trade

149

$25,821

1.49

-46

-5.2%

20

9

11

0

0.3%

23

Construction

72

$37,939

1.29

17

5.5%

8

3

5

1

1.3%

72

Accommodation and Food Services

72

$14,417

0.81

13

4.2%

13

5

6

1

1.5%

81

Other Services (except Public Administration)

64

$22,787

1.47

-12

-3.4%

8

3

4

0

0.7%

11

Agriculture, Forestry, Fishing and Hunting

42

$11,721

3.25

7

3.5%

5

2

3

0

-0.1%

62

Health Care and Social Assistance

42

$37,921

0.30

15

9.1%

5

2

2

1

2.2%

48

Transportation and Warehousing

31

$60,068

0.70

-9

-5.1%

3

1

2

0

0.2%

52

Finance and Insurance

29

$43,039

0.75

3

2.6%

3

1

2

0

0.5%

92

Public Administration

23

$37,804

0.50

0

0.4%

2

1

1

0

0.7%

56

Administrative and Support and Waste Management and Remediation Services

12

$28,180

0.19

1

1.1%

2

1

1

0

1.2%

51

Information

8

$37,968

0.43

0

-0.5%

1

0

1

0

-0.6%

54

Professional, Scientific, and Technical Services

8

$40,698

0.12

2

7.0%

1

0

0

0

1.2%

53

Real Estate and Rental and Leasing

7

$47,003

0.44

1

4.0%

1

0

0

0

1.0%

71

Arts, Entertainment, and Recreation

2

$37,981

0.09

0

0.0%

0

0

0

0

0.6%

42

Wholesale Trade

1

$62,676

0.02

-2

-22.5%

0

0

0

0

0.3%

 

Total - All Industries

976

$37,956

1.00

-4

-0.1%

109

45

61

2

0.2%

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 ZCTA 37385 is Production Occupations, employing 143 workers. The next-largest occupation groups in the region are Education, Training, and Library Occupations (126 workers) and Office and Administrative Support Occupations (108). 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 Production Occupations (LQ = 2.46), Education, Training, and Library Occupations (2.30), and Management Occupations (1.37).

Occupation groups in ZCTA 37385 with the highest average wages per worker are Legal Occupations ($92,500), Architecture and Engineering Occupations ($74,500), and Management Occupations ($70,300). The unemployment rate in the region varied among the major groups from 1.1% among Management Occupations to 5.5% among Farming, Fishing, and Forestry Occupations.

Over the next 1 year, the fastest growing occupation group in ZCTA 37385 is expected to be Healthcare Support Occupations with a +2.4% 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 (+1 jobs) and Construction and Extraction Occupations (+1). Over the same period, the highest separation demand (occupation demand due to retirements and workers moving from one occupation to another) is expected in Production Occupations (15 jobs) and Sales and Related Occupations (15).

ZCTA 37385, 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

51‑0000

Production

143

$36,500

2.46

29

3.6%

n/a

2

0.2%

14

6

9

-2

-1.1%

25‑0000

Education, Training, and Library

126

$42,900

2.30

2

2.5%

n/a

-18

-2.6%

10

5

5

0

-0.1%

43‑0000

Office and Administrative Support

108

$32,300

0.77

11

3.2%

n/a

-19

-3.3%

11

5

6

0

-0.4%

41‑0000

Sales and Related

105

$32,000

1.09

13

4.2%

n/a

-31

-5.0%

15

7

8

0

0.1%

11‑0000

Management

83

$70,300

1.37

1

1.1%

n/a

11

2.8%

7

3

3

0

0.4%

35‑0000

Food Preparation and Serving Related

73

$20,900

0.87

19

4.9%

6

17

5.3%

14

6

7

1

1.3%

47‑0000

Construction and Extraction

57

$39,500

1.29

11

4.1%

n/a

17

7.2%

7

2

4

1

1.2%

53‑0000

Transportation and Material Moving

57

$31,800

0.84

14

4.0%

4

-4

-1.2%

7

3

4

0

0.3%

49‑0000

Installation, Maintenance, and Repair

33

$41,400

0.87

4

2.2%

1

4

2.7%

3

1

2

0

0.5%

39‑0000

Personal Care and Service

32

$23,800

0.75

2

2.8%

n/a

1

0.8%

5

2

2

0

1.3%

29‑0000

Healthcare Practitioners and Technical

30

$63,400

0.53

1

1.6%

1

4

2.7%

2

1

1

0

1.5%

37‑0000

Building and Grounds Cleaning and Maintenance

27

$26,600

0.81

5

4.3%

1

-2

-1.2%

4

2

2

0

0.7%

13‑0000

Business and Financial Operations

26

$54,000

0.50

0

n/a

1

6

5.7%

2

1

2

0

0.5%

17‑0000

Architecture and Engineering

12

$74,500

0.71

0

n/a

n/a

8

25.3%

1

0

1

0

0.8%

21‑0000

Community and Social Service

12

$39,000

0.72

0

n/a

1

-3

-4.1%

1

1

1

0

0.8%

27‑0000

Arts, Design, Entertainment, Sports, and Media

12

$37,600

0.68

0

n/a

n/a

-2

-3.1%

1

1

1

0

0.1%

33‑0000

Protective Service

11

$39,200

0.50

1

2.3%

n/a

-1

-1.9%

1

1

1

0

0.5%

15‑0000

Computer and Mathematical

9

$58,700

0.30

0

n/a

n/a

2

4.4%

1

0

0

0

0.5%

31‑0000

Healthcare Support

9

$27,200

0.34

1

2.7%

n/a

2

4.3%

1

1

1

0

2.4%

45‑0000

Farming, Fishing, and Forestry

8

$31,000

1.32

1

5.5%

n/a

2

6.5%

1

0

1

0

-1.0%

19‑0000

Life, Physical, and Social Science

3

$56,100

0.33

0

n/a

3

1

6.6%

0

0

0

0

0.4%

23‑0000

Legal

2

$92,500

0.20

0

n/a

n/a

0

2.2%

0

0

0

0

1.0%

 

Total - All Occupations

976

$39,700

1.00

115

3.6%

18

-4

-0.1%

109

48

59

2

0.2%

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 ZCTA 37385 with the highest relative concentration is Textile/Leather with a location quotient of 64.06. This cluster employs 88 workers in the region with an average wage of $26,759. Employment in the Textile/Leather cluster is projected to contract in the region about 3.1% 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 ZCTA 37385 is projected to grow 0.2% over the next ten years, occupations typically requiring a postgraduate degree are expected to grow 0.7% per year, those requiring a bachelor’s degree are forecast to grow 0.3% per year, and occupations typically needing a 2-year degree or certificate are expected to grow 1.0% 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.

ZCTA 37385 Regional Map

pastedGraphic_5.png

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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