Haywood County benefits from a diversified economy that successfully blends tourism, retail, agriculture and industry. Personal income is not dominated by any one source. Industrial payrolls total about $39 million, while income from agriculture is more than $40 million.
See below for more information provided by the West Tennessee Industrial Association.
City/County Taxes
There is no state tax on real estate property in Tennessee. The following property tax rates per $100 of assessed value prevail in Brownsville-Haywood County:
City General Fund: $1.50
County General Fund: $2.39
Total - $3.89
Population
2000 Census – 19,797
2007 Projection – 22,500
Housing
Median Property Value - $85,000
Average Rent (House) - $500
Average Rent (Apartment) - $450
Households
2005 Estimate – 7,500
Cost of Living (Based on the U. S. Average – 100 percent)
Groceries – 97.1
Utilities – 87.4
Healthcare – 90.1
Housing – 96.1
Misc. – 98.1
Composite – 96.6
Sales Tax
State – 7.75%
Local – 2.00%
Total – 9.75%
Haywood County Population
2008 Projection: 19,836
2003 Estimate: 19,839
2002 Census: 19,797
Households
2008 Projection: 7,911
2003 Estimate: 7,702
2000 Census: 7,558
2003 Estimate Households By Income
$150,000 or more: 1.26%
$100,000 to $149,999: 4.30%
$75,000 to $99,999: 6.65%
$50,000 to $74,999: 16.10%
$35,000 to $49,999: 14.71%
$25,000 to $34,999: 14.87%
$15,000 to $24,999: 16.71%
Under $15,000: 24.69%
2003 Est. Average Household Income: $42,030
2003 Est. Median Household Income: $30,781
2003 Estimate Per Capita Income: $16,418
Commuting Patterns
Work outside county: 28.20%
Work at home: 2.40%
Population by Travel Time to Work
Under 10 minutes/Work at Home: 29.28%
10 to 29 minutes: 48.50%
30 to 59 minutes: 18.74%
60 to 89 minutes: 2.46%
90+ minutes: 1.02%
Average Travel Time in Minutes: 17.67
A number of state and local incentives are available to encourage industries to locate or expand in Haywood County. Many incentives help the company reduce its up-front tax burden while others make it financially easier to purchase land, building and equipment.
Brownsville-Haywood County's aggressive Payment in Lieu of Tax Schedule enables companies to substantially reduce their tax burden during the critical early phases of operation. Companies are eligible to take advantage of the PILOT by financing the project with Industrial Revenue Bonds or entering into a lease-back agreement with the Brownsville-Haywood County Industrial Development Bond Board.
A PILOT is offered as an incentive to both new and expanding companies. It applies to commercial and industrial real property, such as the land and building, as well as personal property such as equipment.
Other local incentives include:
- Pre-employment selection/training and testing
- Start-up skills training/assessment
- Relocation incentives for staff moves
- Incentives on utilities - water, wastewater, gas and electricity
- Financing alternatives - industrial revenue bonds, lease-back
- Design/build and lease alternatives
- Local tax concessions
Civilian Labor Force
Annual 1996: 8,930
Annual 1997: 8,790
May 2000: 8,900
2002: 9,180
Employment
Annual 1996: 7,890
Annual 1997: 7,980
May 2000: 8,420
2002: 8,240
Unemployment
Annual 1996: 1,040
Annual 1997: 810
May 2000: 480
2002: 940
Unemployment Rate
Annual 1996: 11.6
Annual 1997: 9.2
May 2000: 6.2
2002: 10.2
Projected Job Outlook Growth Projections
White Collar Workers
Executive, administrative & managerial: 17%
Professional, specialty: 29%
Technicians: 20%
Marketing & Sales: 18%
Administrative support, including clerical: 4%
Blue Collar Workers
Precision production, craft and repair: 6%
Operators, fabricators and laborers: 4%
Haywood County Industrial Park Ideally located four miles form Interstate 40 and adjacent to State Highway 70, the Haywood County Industrial Park offers over 150 acres fully infrastructured for the needs of industry.
The industrial park's covenants protect the investment of each tenant as well as allow maximum use of each site. The Brownsville Utility Department provides full utilities at competitive rates. Electricity, natural gas, water and wastewater services are available. The park has a Class 3 fire rating.
Phase I environmental audits and soil bearing reports are available upon request for park sites. The soils in the park are easily compacted and can handle large load with easy grading. The park had undergone an archaeological survey and is above the flood plain.
Site Address:
Welch Street
Brownsville, TN 38012
Zoning: Industrial
Total Park Acreage: 316
Former Use: Agricultural
Sale Costs: $4,000 without rail, $5,000 with rail
Nearest Metro Center: Jackson, TN 27 miles east
Transportation Proximity:
Nearest Interstate: I-40 (4 miles)
Nearest Highway: U.S. 70 (Adjacent)
Nearest Commercial Airport: McKellar Field (22 miles)
Nearest General Airport: McKellar Field (22 miles)
Nearest Railway: CSX (Adjacent)
Nearest Inland Port: Port of Memphis (55 miles)
Utilities:
Electricity: Provided by the City of Brownsville
Water: Provided by the City of Brownsville
Natural Gas: Provided by the City of Brownsville
Sewer: Provided by the City of Brownsville
Located along Interstate 40, Haywood County's central location provides its residents, industries, and visitors access to various modes of transportation.
Air
McKellar Sipes Regional Airport is located 22 miles east of Haywood County. The regional airport is served by Northwest Airlink which can connect commuters with almost all the major airlines.
Just 50 miles southwest of Haywood County is Memphis International Airport. This airport is served by American, Delta, Northwest, Southwest, USAir, United, KLM.
Rail
CSX Transportation Railroad provides daily service to Norfolk Southern Railroad at Humboldt. Direct service to numerous truck line railroad is available.
Interstate/Highways
Interstate 40, which connects the east coast with the west, crosses directly through Haywood County. US 70 and US 70 A cross the county east to west with US 79 running north and south. Several state routes also serve the area.
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