Sweetwater, TN Profile: Facts & Data

Sweetwater, Tennessee - Basic Facts

The City of Sweetwater had a population of 6,700 as of July 1, 2024.

The primary coordinate point for Sweetwater is located at latitude 35.6015 and longitude -84.461 in Monroe County. The formal boundaries for the City of Sweetwater encompass a land area of 8.89 sq. miles and a water area of 0 sq. miles. Monroe County is in the Eastern time zone (GMT -5).

The City of Sweetwater has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Sweetwater is located within Commissioner District 1, a minor civil division (MCD) of Monroe County.

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Sweetwater, TN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	6,700 (100%)
Population in Households	6,511 (97.2%)
Population in Families	5,267 (78.6%)
Population in Group Quarters¹	189 ( 2.8%)
Population Density	747
Diversity Index²	37


INCOME
Median Household Income	$50,559
Average Household Income	$65,954
% of Income for Mortgage⁴	22%
Per Capita Income	$26,564
Wealth Index⁵	48
Socioeconomic Status Index⁶	Moderate (45.5)

HOUSING
Total HU (Housing Units)	2,997 (100%)
Owner Occupied HU	1,915 (63.9%)
Renter Occupied HU	778 (26.0%)
Vacant Housing Units	304 (10.1%)
Median Home Value	$175,994
Average Home Value	$233,198
Housing Affordability Index³	120

HOUSEHOLDS
Total Households	2,693
Average Household Size	2.42
Family Households	1,752
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

2,997 (100%)

Owner Occupied HU

1,915 (63.9%)

Renter Occupied HU

778 (26.0%)

Vacant Housing Units

304 (10.1%)

Median Home Value

$175,994

Average Home Value

$233,198

Housing Affordability Index³

120

HOUSEHOLDS

Total Households

2,693

Average Household Size

2.42

Family Households

1,752

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	1.08%	0.51%
Households	1.13%	0.88%
Families		0.46%
Median Household Income		3.39%
Per Capita Income		2.89%
Owner Occupied HU		1.75%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

1.08%

0.51%

Households

1.13%

0.88%

Families

0.46%

Median Household Income

3.39%

Per Capita Income

2.89%

Owner Occupied HU

1.75%

Sweetwater, TN - Peer Comparisons by Rank and Percentile

The table below compares Sweetwater to the other 504 incorporated cities, towns and CDPs in Tennessee by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 93	82nd
Population Density	# 144	72nd
Median Household Income	# 365	28th
Housing Affordability Index	# 341	68th
Per Capita Income	# 402	20th
Diversity Index	# 134	74th

Variable Description

Rank

Percentile

Total Population

# 93

82nd

Population Density

# 144

72nd

Median Household Income

# 365

28th

Housing Affordability Index

# 341

68th

Per Capita Income

# 402

20th

Diversity Index

# 134

74th

Tennessee Census Data Comparison Tool

Sweetwater, TN Profile: Facts & Data

Sweetwater, Tennessee - Basic Facts

Sweetwater, TN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Sweetwater, TN - Peer Comparisons by Rank and Percentile

Sweetwater, TN - Most Popular Things to Do

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Monroe County