Population Growth & Economic Dynamic

1. A Case Study for Williamson County, TN Population Growth & Economic Dynamic

2. Williamson County Growth Statistics Growth Rate Last 15 Years Number of People Moving to Williamson County 1992 Household growth of 754 Williamson County exceeded a 65% growth rate State of Tennessee grew overall 16% 2016 Household growth of 2,028 Growth Rate of School-Age Children State of Tennessee saw an overall growth of 20% Williamson County grew by 139%

3. Williamson County Revenues County Revenues • 430% • Reached $664.3 million (in 2009 dollars) in 2015 from 1992 An increase of about 290% from 1992 Tax Revenues • In 2015, tax revenues • collected totaled • $320.4 million Total Revenue Growth was significantly higher than population growth • Property Taxes • 39% • from 2010 In 2015 - $210.3 million. No other county in this study increased over 15%.

4. Total County Government Revenues vs. Population Index vs. Expenditures Index Value: 1992 = 100

5. Has Growth Been Good For Williamson County? REVENUES GREW 430% EXPENDITURES GREW 426% POPULATION GREW 140% From 1992 to 2015 - This study’s simulation of 1,196 new households suggests these new households: Contribute about $20 million* in taxes and fees to state and local government. Contribute $34 million* to the federal government. Cost the county government about $10.6 million* on average. *based on 2009 dollars

6. Educational Dynamics Top 3 Average ACT Scores in Tennessee for 2016 Population Over 25 with Bachelor’s Degree or Above 38% Davidson County (next highest) 57% Williamson County Knox County Weakley County Williamson County Graduating College-Ready High School Students $1,537 24% 45% Per capita 2015 educational expenditures. The highest of the largest Tennessee counties studied. Knox County (next highest) Williamson County

8. Population Snapshot

9. Attainable Housing Foster Conversations Around: School Growth Transit Solutions Diversity & Inclusion Connectivity Mobility