Tennessee’s Population Is Expected To Increase By Nearly 900,000 People, Reaching 7.94 Million By 2040, According To The Boyd Center For Business And Economic Research. The State’s Senior Population Is Set To Grow Significantly, With A 72% Surge In Individuals Aged 85 And Above. While Overall Growth Will Slow To 0.55% Annually Between 2030 And 2040, The State Will See An Increase In Racial And Ethnic Diversity, With Hispanics Projected To Make Up 9.5% Of The Population By 2040.
