Tennessee

Population

Growing. Up 5.6% since 2020.

7,315,076

people, the 15th-largest of the 50 states and D.C.

Census Population Estimates, 2025. Rank among the 50 states and D.C. computed by the Almanac. Sources: Census Population Estimates

The workday

About 1 in 14 jobs here go to people who live in another state.

7.4%

of 3,187,461 jobs located in Tennessee are filled by people who live in another state.

Census LEHD LODES, 2023. Sources: Census LEHD LODES

Unemployment, 2026

The low came in May: 3.2%.

3.3%

in September 2026, the latest month released. A year earlier it was 3.5%.

BLS Local Area Unemployment Statistics, monthly, through September 2026. Not seasonally adjusted, so compare with the same month a year earlier. Sources: BLS Local Area Unemployment Statistics

Rent

Median rent is up 81% since the 2005–2009 survey, before inflation.

$1,189

a month. The U.S. median is $1,413.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

Room to build

The median rent sits inside what local wages can carry.

$1,103–$1,655

is the monthly rent range local workforce wages support.

• $1,189 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

69% of the housing here was built before 2000.

• 394,069 homes permitted in ten years, 2016–2025
• 31% of those were in multifamily buildings
• 69% of all homes were built before 2000

Census Building Permits Survey, 2016–2025; Census ACS 5-year, 2020-2024. Sources: Census Building Permits Survey, Census ACS 5-year

Home value

A median home costs 14% less than the U.S. median.

$286,700

median home value in Tennessee.

• $286,700 Tennessee
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year