58 / 100

Anderson County, TN

RANK #424 / 996  ·  POP 77,337  ·  TN

PROJECTED GROWTH: +1.0%

Anderson County sits in the middle of the pack — stable but not accelerating.

[01] Why Anderson County?

Oak Ridge, a city within Anderson County, holds a unique place in history as the "Secret City" of the Manhattan Project during World War II. Located in eastern Tennessee, northwest of Knoxville, Anderson County offers a blend of suburban and rural living. Commutes to Knoxville are generally manageable, taking around 20-25 minutes. The community feel is often described as friendly and family-oriented. The county boasts extensive outdoor recreation opportunities, including Norris Lake for boating and fishing, Norris Dam State Park with hiking trails, and Windrock Park for off-road adventures.

Life in Anderson County attracts a mix of long-time residents, families, and retirees drawn to its natural beauty and community atmosphere. The economy, historically rooted in coal mining and agriculture, transformed with the establishment of Oak Ridge National Laboratory (ORNL) and the Y-12 National Security Complex. These institutions continue to drive the local economy, attracting professionals in scientific research, energy innovation, and advanced manufacturing. The region is seeing continued investment in the nuclear power sector and related industries. The Anderson County School District serves the area, with several elementary and middle schools, and high schools like Anderson County High School and Oak Ridge High School.

[02] Market Snapshot

Housing Ratio
2.5x

Undervalued relative to economy

GDP Growth
+3.1%

Above national median

Home Prices
+3.1%

Outpacing national median

Climate & Terrain
1.4

Moderate climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks undervalued at 2.5x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Anderson County U.S. National

The Numbers

DEMOGRAPHICS
Population
77,337
+0.85% YoY
Median Household Income
$60,633
Median Home Value
$193,900
+3.13% 12mo
Median Rent
$937
Average Annual Pay
$79,878
+6.7% YoY
Employment
46,052
+2.8% YoY
Income-to-Home-Value
0.3127
More affordable than average
Migration Inflow
5.87%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$400,000
Days on Market
100
Slower market
Months of Supply
4.0
Balanced market
Sale-to-List Ratio
95.6%
Negotiation room for buyers
Sold Above List
11.9%
Listings w/ Price Drops
22.5%
Building Permits (2024)
398
Single-Family Permits
277

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$18,600M
TOTAL
PROJECT AMOUNT STATUS
Natural Gas Generation Plant
NextEra Energy Resources
$16,000M Proposed
Natural Gas Combined Cycle Power Plant
Duke Energy
$2,500M Planned
Automotive Parts Manufacturing Expansion
SL Tennessee LLC
$50M Operating
Residential Development Portfolio
Multiple Developers
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +3.1% 59 percentile
Population Growth +0.8% 66 percentile
Income Growth +9.4% 71 percentile
Vacancy Rate 0.8% 71 percentile
Home Price Change +3.1% 73 percentile
Rent Growth +2.6% 42 percentile
Price/Rent 10x 89 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Anderson County, TN a good place to move to?

Anderson County has a Boom Town Index score of 58/100, ranking #424 among 996 U.S. counties. With job growth at +2.8% and a median household income of $60,633, it's an above-average county on economic indicators.

Is Anderson County affordable?

The median home value in Anderson County is $193,900 with median rent at $937/month. The income-to-home-value ratio is 0.3127, which is more affordable than the national average.

Is Anderson County growing or shrinking?

Population growth: +0.8% year-over-year. Job growth: +2.8%. Home values changed +3.1% in the past 12 months.

Are people moving to Anderson County?

Yes — 5.87% of Anderson County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Ottawa County, MI 68 Florence County, SC 68 Colbert County, AL 68 Kenai Peninsula Borough, AK 68 Ouachita Parish, LA 68 Stearns County, MN 68 Jackson County, MS 68 Midland County, TX 68