East Tennessee Economic Development Agency


Regional Advantages

Loudon

Loudon County

Population

  • 1980: 28,553
  • 1990: 31,255
  • 2000: 39,086
  • 2006: 43,919

 

Cities

  • Lenoir City
  • Loudon
LOUDON COUNTY
Updated August 2007
LABOR FORCE ESTIMATES    
 2002 2003 2004 2005 2006 
Labor Force  20,81021,010  21,290 21,770 22,350
Employed 19,790 19,990 20,320 20,750 21,360
Unemployed  1,020 1,020 970 1,010 990
Unemployment Rate  4.9% 4.9% 4.6% 4.7% 4.4%
TAX STRUCTURE    
Local Taxes (2007)     
Property taxLenoir CityLoudonCounty  
Rate per $100 assessed value$1.30 - county rate $1.74$1.11$1.84  
Ratio of Assessment     
Residential25%25%25%  
Industrial40%40%40%  
Personal (equipment)30%30%30%  
(Inventory tax) Raw materials only     
School taxN/AN/AN/A  
Sales tax .5%2.0%  
State     
Sales tax7%    
Income tax     
Personal6% on interest & dividends    
Corporate (Excise)6.5% of net earnings    
Franchise tax.25 per $100 of capital properties    
TRANSPORTATION    
Railroads     
Norfolk/Southern     
Interstates     
I-40I-75    
Navigable waterways     
RiverTennesseeChannel depth9 feet  
Port in countyYes    
Air Service     
General aviationKnoxville MetroDistance28 miles  
Runway length9,000 feetSurfaceAsphalt  
LightingHigh & medium density, HIRL,VASI    
Gas100 LL / Jet AOctane available80/100 Jet  
Nearest commercial serviceKnoxville MetroDistance28 miles  
Runway length9,000 feetSurfaceAsphalt  
LightingHigh & medium density    
GasYes, 100 LL / Jet AOctane available80/100 Jet  
EDUCATION    
2005     
 Lenoir CityLoudon County   
Enrollment2,2154,995   
Students per Teacher1817.1   
ACT - Average Score20.319.4   
ACT - Participation68.3%66.1%   
Expenditures per Pupil$ 6,899$ 6,677   
HEALTHCARE    
Hospitals1Beds: 50   
Clinics8    
Doctors54    
Dentists19    
Nursing homes3Beds: 580   
MAJOR COMPANIES BY EMPLOYMENT    
NAMEPRODUCTEMPLOYEES   
Monterey MushromsCommercial mushrooms525   
Kimberly-Clark CorporationPaper products361   
Yale NortonSecurity products353   
Arvin MeritorMufflers and exhaust systems337   
Astee UndergroundTrenchers/drilling equipment261   
Tate & Lyle./A.E. Staley Mfg Co.Corn syrup, fuel alcohol257   
Hubbell Lenoir City, Inc. Concrete polymer products251   
Viskase CorporationCellulose236   
Malibu BoatsBoat manufacturing200   
American HondaDistribution165   
CVSPharmaceutical distribution156   
Family Brands InternationalMeat processing138   

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