Cottage Grove, TN Profile: Facts & Data

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Cottage Grove, Tennessee - Basic Facts

The Town of Cottage Grove had a population of 67 as of July 1, 2023.

The primary coordinate point for Cottage Grove is located at latitude 36.3792 and longitude -88.4792 in Henry County. The formal boundaries for the Town of Cottage Grove encompass a land area of 0.19 sq. miles and a water area of 0 sq. miles. Henry County is in the Central time zone (GMT -6).

The Town of Cottage Grove 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 Town of Cottage Grove is located within Commissioner District 1, a minor civil division (MCD) of Henry County.


Jump to... (On This Page!)
  1. Cottage Grove 2023 Demographic Data
  2. Growth Rates for Cottage Grove (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Tennessee Research Tools (Easy Tools & Current Data)
  3. Tennessee Data Comparison Tool - 2023 Demographics
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Cottage Grove, TN Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 67 (100%)
Population in Households 67 (100.0%)
Population in Families 41 (61.2%)
Population in Group Quarters1 0
Population Density 392
Diversity Index2 26
 
 

INCOME

Median Household Income $50,809
Average Household Income $73,761
% of Income for Mortgage4 0%
Per Capita Income $36,330
Wealth Index5 63
Socioeconomic Status Index6 Moderate (49.8)
 

HOUSING

Total HU (Housing Units) 37 (100%)
Owner Occupied HU 27 (73.0%)
Renter Occupied HU 6 (16.2%)
Vacant Housing Units 4 (10.8%)
Median Home Value $175,000
Average Home Value $212,037
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 33
Average Household Size 2.03
Family Households 15
Average Family Size 3.00
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.
  6. 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

2020-2023 2023-2028
Population 0.46% 0.00%
Households 0.00% 0.00%
Families   0.00%
Median Household Income   7.11%
Per Capita Income   -0.07%
Owner Occupied HU   -0.75%

Cottage Grove, TN - Peer Comparisons by Rank and Percentile

The table below compares Cottage Grove to the other 504 incorporated cities, towns and CDPs in Tennessee by rank and percentile using July 1, 2023 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 # 502 1st
Population Density # 280 45th
Median Household Income # 298 41st
Housing Affordability Index # 11 2nd
Per Capita Income # 107 79th
Diversity Index # 229 55th

Additional comparisons and rankings can be made with a VERY EASY TO USE Tennessee Census Data Comparison Tool.

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