Loudon, TN Profile: Facts & Data

The Town of Loudon had a population of 6,507 as of July 1, 2024. Loudon ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Tennessee. See peer rankings below.

The primary coordinate point for Loudon is located at latitude 35.7329 and longitude -84.3338 in Loudon County. The formal boundaries for the Town of Loudon encompass a land area of 12.49 sq. miles and a water area of 0.4 sq. miles. Loudon County is in the Eastern time zone (GMT -5).

The Town of Loudon 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.

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

POPULATION
Total Population	6,507 (100%)
Population in Households	6,299 (96.8%)
Population in Families	5,166 (79.4%)
Population in Group Quarters¹	208 ( 3.2%)
Population Density	515
Diversity Index²	62


INCOME
Median Household Income	$61,721
Average Household Income	$84,035
% of Income for Mortgage⁴	21%
Per Capita Income	$33,311
Wealth Index⁵	74
Socioeconomic Status Index⁶	Low (42.5)

HOUSING
Total HU (Housing Units)	2,808 (100%)
Owner Occupied HU	1,744 (62.1%)
Renter Occupied HU	824 (29.3%)
Vacant Housing Units	240 ( 8.5%)
Median Home Value	$210,476
Average Home Value	$255,791
Housing Affordability Index³	123

HOUSEHOLDS
Total Households	2,568
Average Household Size	2.45
Family Households	1,654
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.

Loudon, TN - Peer Comparisons by Rank and Percentile

The table below compares Loudon 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	1.96%	1.30%
Households	2.03%	1.45%
Families		1.47%
Median Household Income		4.58%
Per Capita Income		3.99%
Owner Occupied HU		2.28%

Variable Description	Rank	Percentile
Total Population	# 95	81st
Population Density	# 230	55th
Median Household Income	# 222	56th
Housing Affordability Index	# 354	70th
Per Capita Income	# 208	59th
Diversity Index	# 22	96th

Loudon, TN Profile: Facts & Data

Loudon, Tennessee - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Loudon, TN - Peer Comparisons by Rank and Percentile

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