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Cost of Living in Cannon County, TN

Population 14,818 · Census ACS 2020–2024 5-year estimates

Median rent$908
Median home value$252,000
Median household income$59,443

The median rent in Cannon County, TN is $908/month, 24% lower than the Tennessee median and 36% lower than the U.S. median. The median home value is $252,000, 24% lower than the national median. Households earn a median of $59,443 a year, 15% lower than the state median.

Affordability

Rent as a share of median income: 18.3%
Income needed for median rent (30% rule): $36,320/yr
Home price-to-income ratio: 4.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,274/mo

Run your own numbers: mortgage calculator · hourly to salary

Cannon County vs. Tennessee vs. U.S.

Cannon CountyTennesseeU.S.
Median rent$908$1,189$1,413
Median home value$252,000$286,700$332,700
Median household income$59,443$69,595$80,734
Homeownership rate78.4%66.9%65.2%
Bachelor's degree or higher16.8%31.1%35.7%
Poverty rate18.3%13.8%12.5%
Unemployment rate2.8%4.7%5.2%
Work from home9.6%12.9%15.1%
Median age40.038.938.9

FAQ

What is the average rent in Cannon County, TN?

The median gross rent in Cannon County, TN is $908 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $36,320 a year in gross income.

Is Cannon County, TN expensive to live in?

Rent there is 36% lower than the U.S. median, and the median home costs about 4.2 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

Washington County, OKRent $907 · Income $60,162Wayne County, WVRent $915 · Income $58,878Titus County, TXRent $907 · Income $58,425Cleveland County, NCRent $914 · Income $58,534Limestone County, TXRent $905 · Income $60,573Warren County, MSRent $888 · Income $59,401

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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