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Coffee County, TN

RANK #607 / 996  ·  POP 58,080  ·  TN

PROJECTED GROWTH: +0.4%

Coffee County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Coffee County?

Coffee County, Tennessee, is perhaps best known as the home of the Bonnaroo Music and Arts Festival, which draws thousands to Manchester annually. Located in Middle Tennessee, roughly halfway between Nashville and Chattanooga, the county offers a blend of small-town living with access to larger cities. The landscape features rolling hills and waterways like the Duck River, providing opportunities for outdoor recreation at places such as Old Stone Fort State Archaeological Park and Short Springs State Natural Area. Life in Coffee County appeals to families and those seeking a more relaxed pace. The public school system serves over 4,500 students across 23 schools, with a high percentage of K-12 students attending public institutions. The economy is experiencing growth, driven by investments in data centers, logistics, and manufacturing. Recent developments include new facilities in the Manchester Industrial Park, enhancing the county's capacity for future industrial opportunities. The presence of the Arnold Engineering Development Complex also contributes to a workforce with technical skills.

[02] Market Snapshot

Housing Ratio
3.5x

Undervalued relative to economy

GDP Growth
+3.4%

Above national median

Home Prices
+2.4%

Outpacing national median

Climate & Terrain
-0.9

Below-average climate & terrain

Price/Rent
12x

Strong rental yield

Housing looks undervalued at 3.5x — 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

Coffee County U.S. National

The Numbers

DEMOGRAPHICS
Population
58,080
+1.49% YoY
Median Household Income
$57,424
Median Home Value
$203,400
+2.35% 12mo
Median Rent
$844
Average Annual Pay
$59,239
+6.3% YoY
Employment
26,685
0.0% YoY
Income-to-Home-Value
0.2823
More affordable than average
Migration Inflow
4.96%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$288,000
Days on Market
109
Slower market
Months of Supply
5.0
Buyer's market
Sale-to-List Ratio
98.1%
Near asking price
Sold Above List
11.9%
Listings w/ Price Drops
22.2%
Building Permits (2024)
367
Single-Family Permits
316

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

[05] Capital Investment

$676M
TOTAL
PROJECT AMOUNT STATUS
USAF Data Center Proposal
U.S. Air Force
$500M Proposed
Little Leaf Farms Greenhouse
Little Leaf Farms
$75M Planned
Dot Foods Distribution Facility
Dot Foods, Inc.
$50M Under Construction
I-24 Industrial Site Rezoning
Coffee County
$50M Proposed

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

[06] Score Breakdown

GDP Growth +3.4% 64 percentile
Population Growth +1.5% 82 percentile
Income Growth +9.1% 66 percentile
Vacancy Rate 0.8% 73 percentile
Home Price Change +2.4% 63 percentile
Rent Growth +2.6% 44 percentile
Price/Rent 12x 72 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Coffee County has a Boom Town Index score of 39/100, ranking #607 among 996 U.S. counties. With a median household income of $57,424, it faces some economic headwinds compared to faster-growing counties.

Is Coffee County affordable?

The median home value in Coffee County is $203,400 with median rent at $844/month. The income-to-home-value ratio is 0.2823, which is more affordable than the national average.

Is Coffee County growing or shrinking?

Population growth: +1.5% year-over-year. Job growth: 0.0%. Home values changed +2.4% in the past 12 months.

Are people moving to Coffee County?

Yes — 4.96% of Coffee County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Sherburne County, MN 49 Harrison County, MS 49 Hamblen County, TN 49 Tippecanoe County, IN 49 Hidalgo County, TX 49 Wagoner County, OK 49 Spartanburg County, SC 49 Rockingham County, VA 49