About Scott County
Address & Phone Numbers
Arts & Culture
Attractions & Tourism
Big South Fork
Business & Industry
Chamber of Commerce
Community Infrastructure
Churches
Dining
Entertainment
Libraries
Lodging
Media
County Executive
Education Resources
Public Education
Higher Education
Election Commission
Employment
Events Calendar
Government
Health & Hospital
Home
Human Services
Local Links
Maps
State & Federal Links
Statistical Data
E-Mail the Webmaster
 Scott County Demographics
|
||||||||
|
Government
Form of Government: 14 County Commission Garbage Service: Municipal & Independent |
||||||||
|
Population
Age Distribution by Percentage |
||||||||
|
0-4
|
5-19
|
20-24
|
25-54
|
55-64
|
65+
|
Median Age
|
||
|
7.0
|
25.2
|
7.3
|
40.2
|
8.3
|
12.0
|
31.8
|
||
|
Population Estimates
|
||||||||
|
1990
|
1991
|
1992
|
1993
|
1994
|
1995
|
1996
|
1997
|
% Change 1990-97
|
| 18,358 | 18,570 | 18,788 | 18,988 | 19,183 | 19,380 | 19,588 | 19,788 |
7.8
|
| Census data shows that between 1960 and 1970 Scott County lost population. The population loss can be attributed to the migration of the population out of the area. This out-migration was due to to limited employment opportunities. However, there was a strong shift in population during the 1970's. Between 1970 and 1980 Scott County gained 4,497 people, a percentage increase of 27.1 percent. This growth in population is attributed to the strong revitalization of our local economy and retirees moving back to their home county. According to 1990 census, Scott County's population was characterized with 49.2 percent for males, and 50.8 percent being females. | ||||||||
|
Income
|
|||||
|
Median Household Income
|
|||||
|
1990
|
1993
|
||||
|
$15,858
|
$18,034
|
||||
|
Per Capita Income Estimates
|
||||||
|
1992
|
1993
|
1994
|
1995
|
1996
|
%Change 1992-1996
|
|
| County |
12,203
|
12,590
|
13,483
|
13,929
|
14,159
|
16.0
|
| State |
18,305
|
19,226
|
20,167
|
21,350
|
22,032
|
20.4
|
| Nation |
20,631
|
21,368
|
22,186
|
23,359
|
24,436
|
18.4
|
|
Average annual manufacturing wage $19,728
|
||||||
|
Quarterly Labor Force
|
||||||
|
97 First Quarter
|
97 Second Quarter
|
97 Third Quarter
|
97 Fourth Quarter
|
98 First Quarter
|
98 Second Quarter
|
|
| Total Labor Force |
8,384
|
8,511
|
8,507
|
8,797
|
8,831
|
8,934
|
| Number Employed |
7,531
|
7,767
|
7,697
|
8,191
|
8,204
|
8,364
|
|
Number Unemployed
|
816
|
744
|
810
|
606
|
627
|
570
|
|
Unemployment Rate
|
9.8
|
8.8
|
9.6
|
6.9
|
7.1
|
6.4
|
| Tennessee Rate |
5.9
|
5.5
|
5.7
|
4.7
|
4.9
|
4.3
|
| National Rate |
5.7
|
5.0
|
4.9
|
4.4
|
5.1
|
4.4
|
|
Labor Force Trends (1970-1990)
|
||||||||
|
Percent Population in Labor Force
|
||||||||
|
1970
|
1980
|
1990
|
||||||
|
29.8
|
32.4
|
38.9
|
||||||
|
Unemployment Rates (1975-1998)
|
||||||||
|
1975
|
1980
|
1985
|
1990
|
1992
|
1994
|
1996
|
1998
|
|
| Scott County |
18.6
|
13.4
|
16.9
|
5.6
|
15.7
|
10.1
|
10.0
|
6.9
|
| Tennessee |
8.3
|
7.3
|
8.0
|
5.9
|
6.4
|
4.8
|
5.2
|
4.9
|
| United States |
8.5
|
7.1
|
7.2
|
14.9
|
7.5
|
6.1
|
5.4
|
4.6
|
|
These percentages represent a significant growth in
manufacturing employment during the 1980s.
|
||||||||
|
Commuting Pattern (1990)
|
||||||||
|
Reside & Work
|
Commute Out
|
Commute In
|
||||||
|
5,211
|
905
|
1,087
|
||||||
|
Annual Labor Force (1994-1997)
|
||||||||
|
1994
|
1995
|
1996
|
1997
|
% Change 94-97
|
||||
| Total Labor Force |
8,384
|
8,345
|
8,641
|
8,541
|
1.9
|
|||
| Number Employed |
7,635
|
7,458
|
7,780
|
7,796
|
2.1
|
|||
| Number Unemployed |
749
|
887
|
861
|
745
|
-0.5
|
|||
| Unemployed Rate |
9.0
|
10.7
|
10.0
|
8.8
|
|
|||
| Tennessee Rate |
4.8
|
5.2
|
5.2
|
5.4
|
|
|||
| National Rate |
6.2
|
5.6
|
5.5
|
5.0
|
|
|||
|
Average Monthly Employment by Industry (1996-1998)
|
|||||
|
1996
|
1997
|
% Change 1996-1997
|
Jan.-June 1998
|
% Change Same Months 1997-1998
|
|
| Total Employment |
6,271
|
6,539
|
4.3
|
6,770
|
3.3
|
| Manufacturing |
2,656
|
2,853
|
7.4
|
3,118
|
9.5
|
| Construction/Mining |
231
|
248
|
7.4
|
243
|
9.0
|
| Transportation, Communication, Utilities |
172
|
178
|
3.5
|
158
|
-17.7
|
| Trade |
933
|
963
|
3.2
|
983
|
2.7
|
| Finance, Insurance & Real Estate |
120
|
120
|
0.0
|
120
|
0.0
|
| Services |
998
|
1,073
|
7.5
|
1,055
|
-3.5
|
| Government |
1,162
|
1,105
|
-4.9
|
1,092
|
-2.3
|
|
Average Weekly Wages by Industry 1995 and 1996
|
|||
|
Item
|
1995
|
1996
|
% Change 1995-1996
|
| Total Firms Reporting |
295
|
298
|
1.1
|
| Wages, All Industries |
348
|
368
|
6.0
|
| Manufacturing, Total |
380
|
417
|
9.8
|
| Durable Goods |
409
|
432
|
5.6
|
| Non-Durable Goods |
331
|
389
|
17.5
|
| Mining & Quarrying |
540
|
653
|
20.8
|
| Construction |
340
|
358
|
5.2
|
| Transportation & Utilities |
431
|
464
|
7.7
|
| Trade |
211
|
224
|
6.5
|
| Finances, Insurance & Real Estate |
378
|
401
|
6.3
|
| Services |
415
|
439
|
5.8
|
| Government |
331
|
338
|
1.9
|
|
Average weekly wages rose 6.0% from 1995 to 1996.
|
|||
|
Annual Retail Sales 1996 to 1998
|
||||
|
In 1000's of Dollars
|
||||
|
Item
|
1996
|
1997
|
% Change 1996-1997
|
Jan.-March 1998
|
| Building Supplies |
16,017
|
14,196
|
-11.4
|
3,308
|
| General Merchandise |
19,341
|
20,126
|
4.1
|
4,662
|
| Food Stores |
27,404
|
30,523
|
11.4
|
8,640
|
| Autos, Boats, Planes |
8,607
|
9,637
|
12.0
|
2,316
|
| Apparel |
846
|
882
|
4.3
|
168
|
| Furniture |
2,149
|
2,324
|
8.1
|
476
|
| Eating Places |
9,834
|
9,508
|
-3.3
|
2,258
|
| Service Stations |
4,317
|
3,882
|
-10.1
|
764
|
| Miscellaneous |
11,165
|
12,231
|
9.5
|
3,068
|
| Area Total |
99,680
|
103,311
|
3.6
|
25,656
|
|
The service industry has experienced tremendous growth
since the 1970s and has become the second most important economic activity
in Scott County.
|
||||
|
Quarterly Sales Receipts from Lodging
|
||||||||
|
In 1000's of Dollars
|
||||||||
|
Quarter/Year
|
Amount
|
Quarter/Year
|
Amount
|
% Change
|
||||
|
2nd/1996
|
264
|
2nd/1997
|
249
|
-5.7
|
||||
|
3rd/1996
|
269
|
3rd/1997
|
241
|
-10.4
|
||||
|
4th/1996
|
213
|
4th/1997
|
230
|
8.0
|
||||
|
1st/1997
|
159
|
1st/1998
|
214
|
34.6
|
||||
|
Annual Sales Receipts from Lodging (1996-1998)
|
||||||||
|
1996
|
1997
|
% Change 1996-1997
|
Jan.-March 1998
|
% Change Same Months 1997-98
|
||||
|
880
|
879
|
-0.1
|
214
|
34.6
|
||||
|
Big South Fork National River and Recreation Area
Visits
|
|||||
|
1996
|
1997
|
% Change 1996-1997
|
1998
|
% Change 1997-1998
|
|
| January |
28,279
|
33,080
|
17.0
|
55,515
|
67.8
|
| February |
33,391
|
42,535
|
27.4
|
33,418
|
-21.4
|
| March |
56,402
|
63,586
|
12.7
|
53,898
|
-15.2
|
| April |
79,991
|
67,288
|
-15.9
|
75,321
|
11.9
|
| May |
90,439
|
97,612
|
7.9
|
87,916
|
-9.9
|
| June |
91,763
|
83,334
|
-9.2
|
102,972
|
23.6
|
| July |
94,478
|
95,518
|
1.1
|
82,908
|
-13.2
|
| August |
75,425
|
86,985
|
15.3
|
79,275
|
-8.9
|
| September |
105,714
|
84,244
|
-20.3
|
||
| October |
103,866
|
94,182
|
-9.3
|
||
| November |
52,758
|
61,862
|
17.3
|
||
| December |
43,378
|
48,162
|
11.0
|
||
| Total |
855,884
|
858,388
|
571,223
|
0.2
|
|
| The Big South Fork is a rugged and scenic area surrounding the Big South Fork of the Cumberland River. It contains approximately 105,441 acres. The Big South Fork is an important outdoor recreation area for residents and visitors. Rafting, swimming, camping, hiking, picnicking, biking, horseback riding, fishing, and hunting are extremely popular activities. Visitation to the Big South Fork has increased steadily since its development in 1974. | |||||
|
Business Environment
|
|
About Scott County & Tennessee
|
| Tennessee is a right-to-work state. |
| Tennessee's 1994 union membership for all industries/manufacturing is
lower than the national average: Tennessee.....11.9%/18.0 mfg United States.....15.5%/18.2 mfg |
| Tennessee's 1994 population of 5,175,240 represents a 6.1% increase over the 1990 census. |
| Tennessee has the second largest inland port in the United States on the Mississippi River in Memphis. |
| Tennessee is one of only 8 states with a Aaa bond rating. |
| Tennessee has over 200 Fortune 500 industrial and service companies within state facilities. |
| Tennessee's Constitution requires a balanced state budget. |
| Tennessee has no personal income tax on wages. |
| Tennessee is located in the Sunbelt area of the Southeastern U.S. and has a mild year round climate. |
|
Tax Structure
|
| Scott County property tax $3.57 (per $100 assessed value). |
| Sales tax 6% state. |
| Local sales tax 2.25%. |
| Income Tax: |
| Personal: 6% on Interest and Dividends. |
| Corporate (Excise): 6% on Net Earnings. |
| Franchise Tax: 25 cents per $100 of Capital Properties. |
| Unemployment Tax- New Employees: 2.7% of first $7,000. |
|
Personal Income
|
| Earned income is not taxed, however, certain divident and interest income received by a Tennessee resident is taxable. |
|
Sales Tax
|
| Energy Fuel and Water: Reduced sales tax on manufacturers use of these. |
| Repairs to Industrial Machinery: Exempt from sales tax. |
| Pollution Control Equipment: Exempt from sales tax. |
| Raw materials: Exempt from sales tax. |
| Qualified Industrial Machinery: Exempt from sales tax. |
| No sales tax on purchases of equipment associated with the required capital investment by a distribution or warehouse facility. |
|
Property Tax
|
| Work-In-Progress: Exempt from property tax. |
| Finished Product Inventory: Exempt from property tax. |
| No property tax on goods-in-transit. |
|
Corporate Excise
|
| Excise tax credit equal to 1% of the purchase price of qualified industrial machinery. |
| Excise tax credit equal to 1% of the purchase price of equipment associated with the required capital investment by a distribution or warehouse facility. |
| Net operating loss carry forward of 15 years. |
| All capital losses can be claimed in the year incurred. |
|
Franchise
|
| Jobs tax credit of $2,000 or $3,000 per new full-time employee for eligible businesses that meet requirement of increased employment and additional capital investment. |
| Finished goods inventory in excess of $50 million, $40 million and $30 million for fiscal years on or after July 15, 1996; July 15, 1997; and July 15, 1998, may be tax excluded. |
| Property under construction, not being utilized by the corporation, is excluded from the franchise service. |
| Property rented from an industrial development board may be capitalized on the corporate books. |
| Pollution control equipment is exempt from the franchise tax. |
|
Other Incentives
|
| Investment Tax Credit: Manufacturers are allowed a tax credit of 1% of the cost of industrial machinery. |
| Accelerated Depreciation: Tennessee allows accelerated depreciation of machinery and equipment. |
| Pre-Employment Training: Tennessee provides pre-employment training free of charge to incoming industry. |
| The "Day Care Incentive Act" establishes credit against corporate franchise and excise taxes for any business that establishes a day care center for children of employees. |