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Cost of Living in Lawrence County, TN

Population 45,385 · Census ACS 2020–2024 5-year estimates

Median rent$763
Median home value$194,400
Median household income$54,706

The median rent in Lawrence County, TN is $763/month, 36% lower than the Tennessee median and 46% lower than the U.S. median. The median home value is $194,400, 42% lower than the national median. Households earn a median of $54,706 a year, 21% lower than the state median.

Affordability

Rent as a share of median income: 16.7%
Income needed for median rent (30% rule): $30,520/yr
Home price-to-income ratio: 3.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $983/mo

Run your own numbers: mortgage calculator · hourly to salary

Lawrence County vs. Tennessee vs. U.S.

Lawrence CountyTennesseeU.S.
Median rent$763$1,189$1,413
Median home value$194,400$286,700$332,700
Median household income$54,706$69,595$80,734
Homeownership rate77.6%66.9%65.2%
Bachelor's degree or higher15.2%31.1%35.7%
Poverty rate15.0%13.8%12.5%
Unemployment rate4.9%4.7%5.2%
Work from home10.6%12.9%15.1%
Median age39.338.938.9

FAQ

What is the average rent in Lawrence County, TN?

The median gross rent in Lawrence County, TN is $763 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $30,520 a year in gross income.

Is Lawrence County, TN expensive to live in?

Rent there is 46% 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

Jay County, INRent $770 · Income $54,969Cherokee County, ALRent $762 · Income $53,863Coshocton County, OHRent $765 · Income $55,577Hot Spring County, ARRent $768 · Income $55,405Conway County, ARRent $755 · Income $54,187Surry County, NCRent $761 · Income $55,656

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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