Tennessee

#15of 5158B−

Scored on 7 of 8 pillars. Missing: Adult obesity, 2024. A pillar with a hole is not scored at all, because averaging the indicators it does have would hand the missing one the mean of the others.

Above: Iowa (58). Below: Washington, D.C. (58).

Pillar by pillar

Starting up

How many businesses get founded here, and what the state takes in tax.

64+9 vs median

Business applications per 1,000 residents1.654 percentile among the 51 jurisdictionsU.S. Census Bureau
State tax collected per resident$3,53874 percentile among the 51 jurisdictionsU.S. Census Bureau, Annual Survey of State Government Tax Collections

Population health

One comparable public-health read, asked the same way of every state.

Not scored — an indicator is missing

Adult obesity, 2024—— — no value published for this stateCDC, Behavioral Risk Factor Surveillance System
Firearm-injury deaths per 100,000 (crude)20.318 percentile among the 51 jurisdictionsCDC NCIPC, CDC NCIPC 2024

Productive base

Output per worker and how much of the job base is manufacturing.

69+18 vs median

Output per worker$169,17058 percentile among the 51 jurisdictionsU.S. Bureau of Economic Analysis
Manufacturing share of jobs10.5%79 percentile among the 51 jurisdictionsU.S. Bureau of Labor Statistics

Labour market

How tight the market is, and which way it moved last month.

57+8 vs median

Unemployment rate3.4%70 percentile among the 51 jurisdictionsU.S. Bureau of Labor Statistics
Employment change, latest month-0.01%44 percentile among the 51 jurisdictionsU.S. Bureau of Labor Statistics

Prosperity

What the average person in the state actually earns.

31-21 vs median

Per-capita personal income$69,13136 percentile among the 51 jurisdictionsU.S. Bureau of Economic Analysis
Adults 25+ with a bachelor's degree or higher32.4%26 percentile among the 51 jurisdictionsU.S. Census Bureau, ACS 2024 1-year

Housing permits and prices

Housing units authorised per 1,000 workers, and what housing costs. It counts permits issued, not buildings finished, and says nothing about industrial or infrastructure approvals.

65+7 vs median

Housing units authorised per 1,000 workers1.280 percentile among the 51 jurisdictionsU.S. Census Bureau
House price index (FHFA)705.450 percentile among the 51 jurisdictionsFederal Housing Finance Agency

Fiscal standing

How Moody’s rates the state as a borrower: on its general-obligation bonds or, where it has none, as an issuer.

100+8 vs median

Credit ratingAaa · Stable100 percentile among the 51 jurisdictionsMoody's, indicative 2025

Openness

Whether the state publishes in a form a machine can read: an open-data portal that answers; incentive, permit and finance records as data; and newsroom feeds.

18-33 vs median

Open-data portal answers an APIPublished address answers nothing0 percentile among the 51 jurisdictionsCEFA probe, 2026-09
Incentive, permit & finance datasets00 percentile among the 51 jurisdictionsCEFA discovery, 2026-09
Government or agency newsroom feeds254 percentile among the 51 jurisdictionsCEFA probe, 2026-09

Tennessee highlighted. The map is for orientation — the numbers beside it are the reading.

Tax structure

Census Bureau, Annual Survey of State Government Tax Collections. Where a state levies no such tax the survey records it, and so does this.

Individual income tax: Levied
Corporate income tax: Levied

Credit rating

Long-term general-obligation ratings, or issuer credit where the state carries no GO debt. Indicative as of 2025 and entered by hand, not fetched live. This is the one figure on the page that is an opinion rather than a measurement, and it is the one to verify against current agency reports before relying on it. The Fiscal pillar above scores Tennessee on Moody’s alone, which keeps the mapping from rating to score auditable; S&P and Fitch are printed for context and carry no weight in the index.

Moody’s: Aaa
S&P: AAA
Fitch: AAA
Outlook: Stable

Compare

Each comparison opens on the pillars where the two states differ most.

The full ranking This week in Tennessee Who is arriving and leaving What Tennessee is distinctive for

Industrial project records

Companies in Tennessee named in a research file of 60 curated records, compiled October 1, 2026. Each carries the status that file gives it. None is an Applied America project. Most are foreign-owned; U.S. operators appear where the research names them as counterparties. It is not a census, and amounts are announcement scopes that are never added together.

3 records · 1 documented project · 1 announced investment · 1 u.s. operator

ABBDocumented project
Switzerland · Electrical / industrial equipment · Selmer and Senatobia manufacturing expansion
Tennessee; Mississippi — Announced manufacturing expansion
USD 120 million program includes new Selmer factory and Senatobia expansion.
2026 start-up targets require fresh confirmation; sites already selected. Contact deliverability and investment authority unverified. No open site-selection mandate confirmed.
2025-03-03Source
Schneider ElectricAnnounced investment
France · Electrical equipment and automation
Tennessee, Massachusetts, Missouri, Ohio, Texas, North Carolina — Named expansions; supplier and future expansion prospect
Over $700m U.S. investment planned through 2027
Announced scope: Over 700m
2025-03-25Source
IperionXU.S. operator
Australia / U.S. corporate identity requires review · Titanium processing / critical minerals
South Boston, Virginia; Titan project, Tennessee — Production ramp-up / feasibility
Virginia titanium production ramp-up and Tennessee project development; confirm domicile/ownership before foreign investor classification.
2026-04-27Source