The city of Hohenwald in Tennessee is one of the few that was founded by immigrants. It began as a small house and crossroads store owned by Augusta Smith, a German immigrant. Smith named the community Hohenwald, which means "high forest" and reflects the area's rugged terrain and location on the Western Highland Rim. Today, it has a population of about 5,000.
While the population is largely young, the city is overwhelmingly middle class. Hohenwald ranks 3999 nationally for economic conditions and 63rd in diversity. While Hohenwald isn't the largest city in Tennessee, it does have a low unemployment rate and is filled with young adults. The average commute time is 26.2 minutes, but some areas can be much more expensive. The average home in Hohenwald is $121,900 and appreciation over the past 10 years is 12.7%.
The median property value in Hohenwald, TN is $91,300, which is $0.38 times smaller than the national average of $240,500. The median property value increased from $83,100 to $91,300 in 2019, a growth of 9.87%. Hohenwald has a higher homeownership rate than the national average, at 64.7%. Residents commute by car on average, spending 15.4 minutes in traffic each way to work. The average car ownership in Hohenwald is two cars per household.
The number of foreign born residents living in Hohenwald is also high. Nearly one percent of the city's population is Hispanic, which is the highest percentage among all cities in Tennessee. The city also has a low percentage of residents who are white and Asian, which can help identify the areas where the foreign-born are most common. This data is helpful for employers looking to locate workers.