2016retail

WENDYDW

CLARKSVILLE

MONTGOMERY COUNTY, TENNESSEE’S

DYNAMIC POPULATION & RETAIL GROWTH MARKET

NAMED BEST CITY TO

START A BUSINESS

~ CNN MONEY

2009


THE CITY OF

CLARKSVILLE

HAS THE

7 TH

HIGHEST

MEDIAN

HOUSEHOLD

INCOME

IN THE STATE

Source: Bureau of Economic Analysis, 2013

AFFORDABLE

COST OF LIVING

12%

LOWER

THAN THE

NATIONAL AVERAGE

Source: ACCRA COLI

UNEMPLOYMENT

RATE = 4.5%

Source: Jobs4tn.gov

WE ARE THE

TOP TEN FOR

MILLENNIALS

LOOKING FOR BIGGER

PAYCHECKS

Source: Money Magazine, Summer 2014

AN AFFORDABLE

PLACE TO RETIRE

Source: Bankrate, Spring 2013

THE BEST PLACE TO

RAISE A FAMILY

Source: Business Week, 2010

Dynamic Growth Means a Strong Retail Landscape in Clarksville-Montgomery County.

Rapid Growth in Population, Housing, Income, Retail & Industry Make Us One of the

Southeast’s Most Sought After Mid-Sized Cities.

30% POPULATION GROWTH SINCE 2000

COUNTY: 189,961 • CITY: 146,802 • MSA: 272,579

Source: U.S. Census Bureau (2014)

AN AVERAGE

MEDIAN AGE OF 30 =

This historic river city has a unique blend of heritage, culture and quality of life and continues to

attract thousands of young families. The younger consumer demographic plays an important

part in the retail marketplace, as they have great influence over the spending power across a

growing number sectors.

Source: U.S. Census Bureau (2014)

RETAIL SALES IN THE BILLIONS

2.0

1.5

1.0

.5

$2,025,694,081

$1,952,680,848

$2,018,267,590

$2,208,930,848

A YOUNG, ACTIVE &

PROGRESSIVE MARKET

RETAIL SALES HAVE

INCREASED62% SINCE

2000

$2,288,007,428

$2,317,399,418

Source: TN Department of Revenue

$2,376,686,190

2008 2009 2010 2011 2012 2013 2014


RESIDENTIAL BUILDING

PERMITS IN MILLIONS

175

150

125

100

$147,971,576

2009

$155,954,528

2010

$192,174,519

2011

$181,236,190

2012

$184,277,908

2013

$180,071,000

2014

Source: US Census Bureau

RESIDENTIAL BUILDING EXPANDS

Low cost of living, diverse housing options, rental availability and a vibrant community are just a few of Clarksville-Montgomery

County’s most attractive features. IN 2015, THE AVERAGE PRICE OF A 1,885 SQUARE FOOT HOME WAS $158,000.

A TWO BEDROOM UNIT OR HOME RENTED FOR $675. Source: Clarksville Association of Realtors

READY TO WORK LABOR POOL

Having a diverse, skilled and educated workforce is another advantage

of our community. Not only do we boast a trifecta of higher education,

we also have a large population of uniquely qualified residents ready

to work.

Source: US Census Bureau

ASSOCIATE DEGREES AND

CONTINUING EDUCATION PROGRAMS

400 FORT CAMPBELL SOLDIERS

END THEIR MILITARY SERVICE

Source: Fort Campbell SFL-TA 2015

(ETS) EACH MONTH

MONTGOMERY COUNTY PER CAPITA INCOME

OUR PER CAPITA PERSONAL INCOME (PCPI)

IS 105% OF THE STATE AVERAGE.

CAREER TECHNICAL SCHOOL - EMPLOYER

DIRECTED WORKFORCE TRAINING

AND

40

TRADITIONAL 4-YEAR UNIVERSITY WITH

POST-GRADUATE PROGRAMS

IF GAINFUL

44%

WILL STAY

EMPLOYMENT IS

AVAILABLE LOCAL

Source: Bureau of Economic Analysis, 2013

30

20

10

$29,450

$35,689

$38,720

$39,104

$43,485

$41,695

2004

2006

2008

2010

2011

2013


Nashville

Knoxville

Asheville

Memphis

Chattanooga

Atlanta

CLARKSVILLE HAS DISTINCT RETAIL SUB DISTRICTS, MANY

SURPASSING 30,000 VEHICLES IN THEIR ADT:

SOURCE: TENNESSEE DEPARTMENT OF TRANSPORTATION, TDOT, (2015)

Birming-

TO OAK GROVE & HOPKINSVILLE

TINY TOWN ROAD

TO HOPKINSVILLE

HAMPTON STATION

• DOWNTOWN CLARKSVILLE - County seat of

Montgomery County and historic downtown

district, with destination restaurants and

selected specialty stores. Riverside Drive sees

almost 31,000 vehicles per day.

WOODLAWN

ST BETHLEHAM

ROSSVIEW ROAD

• WILMA RUDOLPH BLVD/GUTHRIE HIGHWAY

CORRIDOR - A five-mile long retail corridor

connecting with Interstate 24. ADT counts

of almost 31,762 vehicles per day near this

location.

SANGO

• EXIT 11/MADISON STREET AREA - ADT

counts record an average of 23,805 vehicles

per day.

SOUTHSIDE

• TRENTON ROAD/TINY TOWN ROAD - Vast

commercial development is taking place

near the intersection of Tiny Town Road and

Trenton Road. ADT for Tiny Town Road is

close to 22,692 per day.

MIKE EVANS

Executive Director,

Industrial Development Board

931-245-4348

mevans@clarksville.tn.us

FOR MORE INFORMATION CONTACT:

CAL WRAY

Executive Director, Economic

Development Council

931-245-4333

cal@clarksville.tn.us

MELINDA SHEPARD

Executive Director,

Clarksville Area Chamber

of Commerce

931-245-4341

melinda@clarksville.tn.us

ROBIN BURTON

Director of Economic

Development

931-245-4334

rburton@clarksville.tn.us

25 Jefferson Street, Suite 300 • Clarksville, Tennessee 37040 • (931)647-2331 • clarksvilletned.com

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