mckenzie, tennessee€¦ · gap analysis $16,702,953 (10 minute drive time) the gap analysis is a...

Daytime Population 12,701 (10 Minute Drive Time)

348

1,377

1,567

5,150

78

3,926

255

Children at Home

Retired/Disable persons

Homemakers

Student Populations

Work at Home

Employed

Unemployed

Demographics

Average Age

40.0Number of Households

3,209Median Household Income

$36,113

MCKENZIE, TENNESSEEMarket Guide

City Contact Information

Major Employers & City Information

Bethel UniversityMcKenzie Medical CenterMcKenzie Regional HospitalRepublic Doors & framesProfile Metal FormingShomaker LumberCutting Specialist, IncMcKenzie Valve & MachiningTN Dept. of Human ServicesTower SupportDiversified Contractors, Inc.J & J Auto Racing Parts Depot

Company Name

mckenzietn.gov

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98926117613260454544432215113

Employees

Jennifer WaldrupEconomic Development/Events

jennifer.waldrup@cityofmckenzie.com Jill Holland Mayor

jill.holland@cityofmckenzie.com

P.O. Box 1602470 Cedar Street McKenzie, TN 38201

731.352.2292 office

mckenzietn.gov

- #1 City in Tennessee for first-time homebuyers- Tennessee’s 2nd Happiest City- Best Towns in Tennessee for Young Families #18- Best Towns to Live in Tennessee #25- Tennessee Municipal League Excellence in Community Planning Award- Home of the Southern Fried & Sweet Tea Festival

There’s a lot of potential here.

DEMOGRAPHIC PROFILE

7,07712,130$35,2722,752

3 Mile Radius

2015 Estimated Population Daytime Population Median HH IncomeNumber of Households

8,80912,882$36,1603,441

5 Mile Radius

16,97617,611$36,4446,705

10 Mile Radius

DEMOGRAPHIC PROFILE

5,17311,335$33,9192,003

5 MinuteDrive Time

2015 Estimated Population Daytime Population Median HH IncomeNumber of Households

8,23612,701$36,1133,209

10 MinuteDrive Time

13,51017,245$36,4075,338

15 MinuteDrive Time

*Source: STI PopStats

McKenzie, TNGAP Analysis $16,702,953 (10 Minute Drive Time)

The Gap Analysis is a summary of the primary spending Gaps segmented by retail category. It measures actual consumer expenditures within the City’s trade area and compares it to the potential retail revenue generated by retailers in the same area. The difference between the two numbers reflects leakages, or the degree to which consumers travel outside the community for certain retail goods and services. The Gap analysis is a useful tool to gauge retail supply and demand within the community.

$4,652,976

$4,557,099

$2,317,739

$2,038,348

$1,816,455

$1,320,336

Gasoline Stations

Building Material and Garden Equipment Stores

Department Stores

Furniture and Home Furnishings Stores

Food and Beverage Stores

Food Service and Drinking Places

eric bassinger