Land Market Insights and Pricing in Lake County, Tennessee

Lake County, Tennessee, offers a diverse landscape dominated by Reelfoot Lake, a unique geological feature formed by earthquakes in the early 19th century. The county's 194 square miles include 166 square miles of land and 28 square miles of water, providing abundant opportunities for nature enthusiasts and land buyers. The western border is defined by the Mississippi River, with terrain ranging from flat plains to gently rolling hills. Lake County boasts multiple protected areas, including Reelfoot Lake State Park and several wildlife refuges, making it a haven for outdoor recreation and conservation. The county's proximity to the Mississippi River influences its economy, with fertile floodplain soil in the west ideal for agriculture. While the median household price of $107,000 is significantly lower than the national average, potential buyers should note the county's high poverty rate of 33.4% and low labor force participation of 28%. Despite these challenges, Lake County's natural beauty and recreational opportunities make it an attractive destination for those seeking affordable land in a picturesque setting.