Cookeville, a picturesque city located in Putnam County, Tennessee, has been garnering attention lately for its consistent growth trend. But just how fast is Cookeville growing, and what are the factors fueling its expansion?
The transformation in Cookeville is becoming increasingly evident. The appearance of new condominiums across the city indicates a surge in demand for urban living. This urbanization is mirrored by the steady introduction of new businesses and restaurants, signaling a growing economy and a diversifying local culture. This shift doesn’t just highlight Cookeville’s expansion but underscores its appeal as a desirable place to live and work in Tennessee.
Cookeville Growth Statistics: A Brief Overview
- Growth Rank: According to the U.S. Census Bureau, the Cookeville micropolitan area was the 7th largest-gaining micropolitan area in the country between 2018 and 2019.^[Wikipedia]
- Population Boost: The city witnessed a one-year gain of 1,796, bringing its 2019 population to 114,272.
- Annual Growth Rate: Currently, Cookeville is growing at an impressive rate of 1.8% annually. Furthermore, its population has seen an increase of 5.5% since the last census.
- Population Stats: From 2000 to 2022, Cookeville’s average annual population growth rate stood at 1.66% per year. This amounts to a total population growth of 36.52% between these years.^[Cookeville Population Facts]
Business Boom: A Look at Cookeville’s Flourishing Economic Climate
Amy New, the President and CEO of Cookeville-Putnam County Chamber of Commerce, shared some insights with the Upper Cumberland Business Journal. She highlighted that after the challenging pandemic period in 2020, there’s been a surge of business initiatives in the region.
In particular:
- Business Initiatives: Since 2020, Putnam and surrounding counties have seen an influx of individuals relocating to the area, further stimulating economic growth.
- Industry Expansion: Apart from the surge in retail and hospitality sectors, industrial companies, like Portobello, are set to commence operations soon.
- Quality of Place: The emphasis in Cookeville and its surrounding regions is on creating a “quality of place”. The breathtaking natural beauty, rich culture, and welcoming community make it a desirable place for both residents and businesses.^[Upper Cumberland Business Journal]
Business Climate: What Makes Cookeville Stand Out
Cookeville’s local, state, and national economic foundations are vital for small businesses, and its strategic location offers numerous advantages. A stroll around the square showcases the city’s vibrant entrepreneurial spirit.
Some highlights include:
- Business-friendly Environment: The local administration has focused on creating a conducive environment for businesses. The evidence is in the surge of new ventures choosing Cookeville as their base.
- Community Support: The community emphasizes the importance of supporting local businesses. This mutual support and camaraderie create a cohesive business atmosphere in the city.
- Anticipation for 2023: Four ribbon cuttings have already been scheduled for the new year, hinting at the robust business growth expected in 2023.^[Upper Cumberland Business Journal]
Cookeville Population Facts: A Quick Snapshot
| Metric | Details |
|---|---|
| Current Population | 35,138 (Peak population) |
| County | Putnam County |
| Area | 32.7 square miles |
| Population Density | 931.4 people per square mile |
| Racial Demographics | 91.2% White, 3.8% Black, 2.3% Asian, 2.1% Two or more races, 0.5% Other |
| Labor Force Participation | 57.8% (among those aged 16 and older) |
| Poverty Rate | 25.1% residents below the poverty line (13.9% of families) |
How Does Cookeville Compare?
While Cookeville’s growth is commendable, other Tennessee cities like Murfreesboro or Clarksville are growing at an even faster pace. When we consider Cookeville’s growth trajectory, it’s enlightening to compare it with other rapidly expanding Tennessee cities like these.
Murfreesboro
- Population Growth: Murfreesboro has experienced an explosive growth rate over the last two decades. As of 2022, its population stands at over 150,000, marking a growth rate of approximately 70% since 2000.
- Economic Boom: Part of the Nashville Metropolitan Area, Murfreesboro has benefited from the spillover effect of the capital’s economic dynamism, with several businesses setting up shop in the city.
- Education Hub: Home to Middle Tennessee State University, the largest undergraduate university in the state, Murfreesboro has a unique blend of youthful energy and academic excellence.
Clarksville
- Population Surge: Clarksville’s population has crossed the 160,000 mark as of 2022, a staggering 80% growth since 2000. It’s one of the state’s fastest-growing cities.
- Military Presence: The city is home to the Fort Campbell military base, which not only contributes significantly to its economy but also influences its cultural fabric.
- River City: Situated along the Cumberland River, Clarksville combines natural beauty with urban amenities, making it a desirable location for both businesses and residents.
However, Cookeville’s charm lies not just in its numbers but in its community spirit, natural beauty, and business-friendly environment.
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