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Cost of Living in Roane County, TN

Population 55,208 · Census ACS 2020–2024 5-year estimates

Median rent$785
Median home value$232,900
Median household income$71,885

The median rent in Roane County, TN is $785/month, 34% lower than the Tennessee median and 44% lower than the U.S. median. The median home value is $232,900, 30% lower than the national median. Households earn a median of $71,885 a year, 3% higher than the state median.

Affordability

Rent as a share of median income: 13.1%
Income needed for median rent (30% rule): $31,400/yr
Home price-to-income ratio: 3.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,178/mo

Run your own numbers: mortgage calculator · hourly to salary

Roane County vs. Tennessee vs. U.S.

Roane CountyTennesseeU.S.
Median rent$785$1,189$1,413
Median home value$232,900$286,700$332,700
Median household income$71,885$69,595$80,734
Homeownership rate78.1%66.9%65.2%
Bachelor's degree or higher22.1%31.1%35.7%
Poverty rate12.0%13.8%12.5%
Unemployment rate4.9%4.7%5.2%
Work from home8.9%12.9%15.1%
Median age47.338.938.9

FAQ

What is the average rent in Roane County, TN?

The median gross rent in Roane County, TN is $785 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $31,400 a year in gross income.

Is Roane County, TN expensive to live in?

Rent there is 44% lower than the U.S. median, and the median home costs about 3.2 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

Marshall County, ILRent $782 · Income $71,585Grant County, ARRent $788 · Income $71,549Robertson County, TXRent $779 · Income $72,236Shelby County, IARent $783 · Income $72,738Webster County, MORent $789 · Income $71,155Morgan County, WVRent $794 · Income $72,179

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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