three star community development

Governor’s

ThreeStar

Community Snapshot

Polk County

Cities: Benton*, Copperhill, Ducktown

Executive Robby Hatcher • http://www.polkgovernment.com/

 Labor and Workforce

  • Labor Force (2022): 7,064
  • Employment (2022): 6,788
  • Unemployment Rate (2022): 3.9%

Demographics

  • Population (2020): 17,544
  • Population (2022): 17,620
  • Population Percent Change (2020-2022): 0.4%
  • Median Age: 46.5

Entrepreneurship and Small Business

  • Cleveland Small Business Development Center
  • SBDC is located at: Cleveland State Community College Guide for entrepreneurs starting a business:
    https://www.tnsmartstart.com/

Economic Status

  • County Economic Status (FY 2019): At-Risk
  • Personal Income Per Capita (2023): $40,771
  • Median Household Income (2023): $53,775
  • Persons In Households With Income Below Poverty Level (2023): 12.9%

Education

  • Population Aged 25-64 With High School Degree Or Higher 85.7%

  • Population Aged 25-64 With Associate’s Degree Or Higher 27.6%

  • Population Aged 25-64 With Bachelor’s Degree Or Higher 14.1%

  • High School Graduation Rate 93.8%

  • College Going Rate 51.0%

  • Average ACT Score 18.4

     

Tax Structure and Revenues

  • State Debt Per Capita (2024): $988
  • County Debt Per Capita (FY 2024): $261
  • Local Sales Tax Collections (FY 2023): $4,001,326
  • Local Sales Tax Collections (FY 2024): $3,916,178
  • Local Sales Tax Collections Percent Change (FY 2023 to FY 2024): 2.43

Safety

  • Crime Rate Per 1,000 People (2017): 68.9

TNECD  MADE

14

Investments through Community and Rural Development Grants and Consulting Services valued at (2015-2018):

$1,790,588

When you get there scroll down to Quick Select and select Polk

Located in TNECD Southeast Region

Director of Business Development: Sam.Wills@tn.gov

TNECD – 312 Rosa L Parks Blvd, 27th Floor, Nashville TN, 37243 – https://tn.gov/ecd/threestar

ThreeStar — Community Development Director: Jody.Sliger@tn.gov

Tennessee ThreeStar County

Source information may be found at: https://openecd.tnecd.com and https://tnecd.com/county-profiles/.

Date Report Created: March 14, 2019