Coalmont, TN Profile: Facts & Data

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Coalmont, Tennessee - Basic Facts

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The City of Coalmont had a population of 780 as of July 1, 2022. Coalmont ranks in the lower quartile for Population Density and 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 Coalmont is located at latitude 35.3376 and longitude -85.7041 in Grundy County. The formal boundaries for the City of Coalmont encompass a land area of 5.95 sq. miles and a water area of 0.14 sq. miles. Grundy County is in the Central time zone (GMT -6). The elevation is 1,883 feet.

The City of Coalmont 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 Coalmont is located within Commissioner District 2, a minor civil division (MCD) of Grundy County.

Alternate Unofficial Names for Coalmont: Coal Dale, Johnsons, Johnston.

Jump to... (On This Page!)
  1. Coalmont 2022 Demographic Data
  2. Growth Rates for Coalmont (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 - 2022 Demographics
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Coalmont, TN Data & Demographics (As of July 1, 2022)

POPULATION

Total Population 780 (100%)
Population in Households 779 (99.9%)
Population in Families 656 (84.1%)
Population in Group Quarters1 1 ( 0.1%)
Population Density 129
Diversity Index2 11
 
 

INCOME

Median Household Income $38,285
Average Household Income $65,940
% of Income for Mortgage4 18%
Per Capita Income $26,028
Wealth Index5 50
 

HOUSING

Total HU (Housing Units) 355 (100%)
Owner Occupied HU 246 (69.3%)
Renter Occupied HU 69 (19.4%)
Vacant Housing Units 40 (11.3%)
Median Home Value $127,419
Average Home Value $231,199
Housing Affordability Index3 156
 

HOUSEHOLDS

Total Households 315
Average Household Size 2.47
Family Households 222
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.

GROWTH RATE / YEAR

2020-2022 2022-2027
Population -0.23% -0.05%
Households 0.28% 0.13%
Families   0.00%
Median Household Income   5.32%
Per Capita Income   4.75%
Owner Occupied HU   0.16%

Coalmont, TN - Peer Comparisons by Rank and Percentile

The table below compares Coalmont to the other 504 incorporated cities, towns and CDPs in Tennessee by rank and percentile using July 1, 2022 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 # 322 36th
Population Density # 430 15th
Median Household Income # 472 7th
Housing Affordability Index # 287 57th
Per Capita Income # 353 30th
Diversity Index # 489 3rd

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

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