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Cost of Living in Mount Juliet, TN

Population 42,073 · Census ACS 2020–2024 5-year estimates

Median rent$2,011
Median home value$460,100
Median household income$107,068

The median rent in Mount Juliet, TN is $2,011/month, 69% higher than the Tennessee median and 42% higher than the U.S. median. The median home value is $460,100, 38% higher than the national median. Households earn a median of $107,068 a year, 54% higher than the state median.

Affordability

Rent as a share of median income: 22.5%
Income needed for median rent (30% rule): $80,440/yr
Home price-to-income ratio: 4.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,327/mo

Run your own numbers: mortgage calculator · hourly to salary

Mount Juliet vs. Tennessee vs. U.S.

Mount JulietTennesseeU.S.
Median rent$2,011$1,189$1,413
Median home value$460,100$286,700$332,700
Median household income$107,068$69,595$80,734
Homeownership rate72.1%66.9%65.2%
Bachelor's degree or higher49.5%31.1%35.7%
Poverty rate6.0%13.8%12.5%
Unemployment rate3.8%4.7%5.2%
Work from home22.0%12.9%15.1%
Median age39.338.938.9

FAQ

What is the average rent in Mount Juliet, TN?

The median gross rent in Mount Juliet, TN is $2,011 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Mount Juliet, TN?

Using the common 30% rule, renting a median-priced home takes about $80,440 a year in gross income.

Is Mount Juliet, TN expensive to live in?

Rent there is 42% higher than the U.S. median, and the median home costs about 4.3 times the median household income.

Other cities in Tennessee

Nashville-Davidson metropolitan government, TNRent $1,586 · Income $77,371Memphis, TNRent $1,181 · Income $51,736Knoxville, TNRent $1,191 · Income $54,039Chattanooga, TNRent $1,256 · Income $64,523Clarksville, TNRent $1,307 · Income $69,303Murfreesboro, TNRent $1,481 · Income $80,108

Cities with a similar cost of living

Mountlake Terrace, WARent $2,004 · Income $107,687Framingham, MARent $2,033 · Income $107,419Upland, CARent $2,029 · Income $105,830Redlands, CARent $2,005 · Income $105,041Hillsboro, ORRent $1,978 · Income $106,409Winter Garden, FLRent $1,963 · Income $106,495

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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