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Cost of Living in Carter County, TN

Population 56,712 · Census ACS 2020–2024 5-year estimates

Median rent$739
Median home value$168,200
Median household income$50,135

The median rent in Carter County, TN is $739/month, 38% lower than the Tennessee median and 48% lower than the U.S. median. The median home value is $168,200, 49% lower than the national median. Households earn a median of $50,135 a year, 28% lower than the state median.

Affordability

Rent as a share of median income: 17.7%
Income needed for median rent (30% rule): $29,560/yr
Home price-to-income ratio: 3.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $851/mo

Run your own numbers: mortgage calculator · hourly to salary

Carter County vs. Tennessee vs. U.S.

Carter CountyTennesseeU.S.
Median rent$739$1,189$1,413
Median home value$168,200$286,700$332,700
Median household income$50,135$69,595$80,734
Homeownership rate75.2%66.9%65.2%
Bachelor's degree or higher20.6%31.1%35.7%
Poverty rate17.1%13.8%12.5%
Unemployment rate6.2%4.7%5.2%
Work from home7.2%12.9%15.1%
Median age45.938.938.9

FAQ

What is the average rent in Carter County, TN?

The median gross rent in Carter County, TN is $739 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $29,560 a year in gross income.

Is Carter County, TN expensive to live in?

Rent there is 48% lower than the U.S. median, and the median home costs about 3.4 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

Adams County, OHRent $732 · Income $50,264Scioto County, OHRent $742 · Income $50,609Smyth County, VARent $731 · Income $49,883Hamilton County, FLRent $724 · Income $50,144Carter County, KYRent $740 · Income $51,235Howell County, MORent $733 · Income $50,993

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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