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EconPulse

Local economy signal dashboard

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PLACEThriving

Strawberry Plains, TN

Thriving overall. Population is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score87out of 100
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98
71
100
85
100

Population

2,669

Data freshness

Unknown

GDP / Output

+8.4% YoY

98

$2.4B

Output changed +8.4% in 2024.

Vintage date unknown

State growth5.6%
U.S. growth5.3%

Jobs

Unemployment rate

71

3.7%

Unemployment is 3.7% for June 2026.

Vintage date unknown

State avg4.7%
U.S. avg5.2%

Population

+39.1% 5-year

100

2,669

Population moved +39.1% over the latest ACS window.

Vintage date unknown

State population7,066,383
U.S. population334,922,499

Housing

Rent share of income

85

10.7%

Median rent consumes 10.7% of median household income: Affordable.

Vintage date unknown

State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$8.2K per resident

100

$449.8M

$449.8M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$121.4B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$449.8M

$8.2K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$360.9M
2. Department of Veterans Affairs$55.3M
3. Department of Health and Human Services$12.6M

Top recipients

Dollars
1. CHEROKEE HEALTH SYSTEMS$9.6M
2. TENNESSEE DEPARTMENT OF TRANSPORTATION$8.1M
3. CARSON-NEWMAN UNIVERSITY$4.7M

Affordable

Housing Affordability

10.7%

of median income

1BR estimate$549
2BR estimate$724
Median income$75,027
Median home value$168,400

ACS context

Quick Facts

Population

2,669

Median age

38.7

Bachelor's degree+

13.0%

Poverty rate

3.0%

Labor force participation

59.0%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

June 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+6.8%

GDP CAGR

+6.1%

Federal flow

5 years

Population (5 years)
20201,919
20212,219
20222,960
20232,531
20242,669
GDP (5 years)
2020$1.8B
2021$2.0B
2022$2.1B
2023$2.3B
2024$2.4B

2-year linear forecast

Predictive Outlook

Population forecast

20242,669
20253,003 *
20263,184 *

R² = 50.6% · * projected

GDP forecast

2024$2.4B
2025$2.6B *
2026$2.7B *

R² = 99.6% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$75,027/yr
Median rent$670/mo
Rent share of income10.7%
Est. mortgage (30yr, 6.5%)$10,218/yr
Mortgage share of income13.6%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate3.7%
State avg4.7%
U.S. avg5.2%
Labor force participation59.0%
Poverty rate3.0%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$168,400
Median monthly rent$670
Price-to-rent ratio20.9x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateStrong
Composite score89/100
Economic growth98/100
Labor market71/100
Population momentum100/100
Overall stability87/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Strawberry Plains CDP, Tennessee

City/Town

Part of

Morristown, TN

Nearby locations

New Market, TNBlaine, TNMascot, TNJefferson City, TNJohn Sevier, TN