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Cost of Living in Lauderdale County, TN

Population 24,784 · Census ACS 2020–2024 5-year estimates

Median rent$774
Median home value$143,200
Median household income$49,879

The median rent in Lauderdale County, TN is $774/month, 35% lower than the Tennessee median and 45% lower than the U.S. median. The median home value is $143,200, 57% lower than the national median. Households earn a median of $49,879 a year, 28% lower than the state median.

Affordability

Rent as a share of median income: 18.6%
Income needed for median rent (30% rule): $30,960/yr
Home price-to-income ratio: 2.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $724/mo

Run your own numbers: mortgage calculator · hourly to salary

Lauderdale County vs. Tennessee vs. U.S.

Lauderdale CountyTennesseeU.S.
Median rent$774$1,189$1,413
Median home value$143,200$286,700$332,700
Median household income$49,879$69,595$80,734
Homeownership rate64.4%66.9%65.2%
Bachelor's degree or higher12.0%31.1%35.7%
Poverty rate21.0%13.8%12.5%
Unemployment rate5.6%4.7%5.2%
Work from home3.1%12.9%15.1%
Median age39.238.938.9

FAQ

What is the average rent in Lauderdale County, TN?

The median gross rent in Lauderdale County, TN is $774 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $30,960 a year in gross income.

Is Lauderdale County, TN expensive to live in?

Rent there is 45% lower than the U.S. median, and the median home costs about 2.9 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

Haskell County, OKRent $770 · Income $49,806Shelby County, TXRent $781 · Income $49,776Graves County, KYRent $775 · Income $50,772Calhoun County, FLRent $779 · Income $50,517Ottawa County, OKRent $788 · Income $49,947Winn Parish, LARent $774 · Income $48,871

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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