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Cost of Living in Anderson County, TN

Population 79,153 · Census ACS 2020–2024 5-year estimates

Median rent$1,031
Median home value$239,400
Median household income$66,183

The median rent in Anderson County, TN is $1,031/month, 13% lower than the Tennessee median and 27% lower than the U.S. median. The median home value is $239,400, 28% lower than the national median. Households earn a median of $66,183 a year, 5% lower than the state median.

Affordability

Rent as a share of median income: 18.7%
Income needed for median rent (30% rule): $41,240/yr
Home price-to-income ratio: 3.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,211/mo

Run your own numbers: mortgage calculator · hourly to salary

Anderson County vs. Tennessee vs. U.S.

Anderson CountyTennesseeU.S.
Median rent$1,031$1,189$1,413
Median home value$239,400$286,700$332,700
Median household income$66,183$69,595$80,734
Homeownership rate71.7%66.9%65.2%
Bachelor's degree or higher27.5%31.1%35.7%
Poverty rate13.4%13.8%12.5%
Unemployment rate3.7%4.7%5.2%
Work from home13.1%12.9%15.1%
Median age41.538.938.9

FAQ

What is the average rent in Anderson County, TN?

The median gross rent in Anderson County, TN is $1,031 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Anderson County, TN?

Using the common 30% rule, renting a median-priced home takes about $41,240 a year in gross income.

Is Anderson County, TN expensive to live in?

Rent there is 27% lower than the U.S. median, and the median home costs about 3.6 times the median household income.

Other counties in Tennessee

Shelby County, TNRent $1,232 · Income $63,767Davidson County, TNRent $1,582 · Income $77,853Knox County, TNRent $1,261 · Income $74,222Hamilton County, TNRent $1,253 · Income $76,183Rutherford County, TNRent $1,502 · Income $85,470Williamson County, TNRent $1,969 · Income $135,594

Counties with a similar cost of living

Montgomery County, OHRent $1,026 · Income $66,139Tuscaloosa County, ALRent $1,037 · Income $66,231Northumberland County, VARent $1,038 · Income $66,480Penobscot County, MERent $1,041 · Income $66,356Winnebago County, ILRent $1,021 · Income $65,837Staunton city, VARent $1,024 · Income $65,581

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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