New Tazewell, TN Profile: Facts & Data

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New Tazewell, Tennessee - Basic Facts

The Town of New Tazewell had a population of 3,129 as of July 1, 2019.

The primary coordinate point for New Tazewell is located at latitude 36.4426 and longitude -83.5996 in Claiborne County. The formal boundaries for the Town of New Tazewell encompass a land area of 5.25 sq. miles and a water area of 0 sq. miles. Claiborne County is in the Eastern time zone (GMT -5). The elevation is 1,463 feet.

The Town of New Tazewell (GNIS ID: 2406981) 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 New Tazewell is located within Commissioner District 3, a minor civil division (MCD) of Claiborne County.

Alternate Unofficial Names for New Tazewell: Cowan City.

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  1. New Tazewell 2019 Demographic Data
  2. Growth Rates for New Tazewell (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 - 2019 Demographics

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New Tazewell, TN Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

New Tazewell, TN Housing Affordability Index is 170
State of Tennessee Housing Affordability Index is 143
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.

WEALTH INDEX

New Tazewell, TN Wealth Index is 43
State of Tennessee Wealth Index is 81
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Tennessee COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 3,129 (100%)
Population in Households 3,021 (96.5%)
Population in Families 2,425 (77.5%)
Population in Group Quarters1 108 ( 3.5%)
Population Density 618
Diversity Index2 14
 

INCOME

Median Household Income $33,835
Average Household Income $49,526
Per Capita Income $20,311
Wealth Index4 43

HOUSING

Total Housing Units 1,533 (100%)
Owner Occupied HU 757 (49.4%)
Renter Occupied HU 520 (33.9%)
Vacant Housing Units 256 (16.7%)
Median Home Value $108,696
Housing Affordability Index3 170
 

HOUSEHOLDS

Total Households 1,277
Average Household Size 2.37
Family Households 822
Average Family Size 3
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 race 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 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.29% 0.26%
Households 0.35% 0.3%
Families 1.34% 0.17%
Median Household Income   2.65%
Per Capita Income   2.49%

New Tazewell, TN - Peer Comparisons by Rank and Percentile

The table below compares New Tazewell to the other 429 incorporated cities, towns and CDPs in Tennessee by rank and percentile using July 1, 2019 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 # 150 65th
Population Density # 168 61st
Diversity Index # 283 34th
Median Household Income # 362 16th
Per Capita Income # 313 27th

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

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