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Tennessee

State FIPS 47

Juniper

Tennessee is in the 20th percentile nationally for median income. It also sits in the lowest 26% nationally for home price growth over the past year. And it sits in the highest 37% nationally for home price against income.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$330,309

Lower than 58% of U.S. states
Median Income

$69,595

Lower than 80% of U.S. states
Hot Days/yr (>90°F)

44.2

The basics

Total Population

7,066,383

Median Age

38.9

Population Density

171.41

Home values & property tax

Median Property Tax

$1,442

Property Tax Rateyearly tax as a share of home value

0.5%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

4.12×

Higher than 63% of U.S. states
Median Rent

$1,189

Near the U.S. states median

Home prices & appreciation

Home Price Growth, Past Year

2.4%

Lower than 74% of U.S. states
Pandemic Price Run-Up2019–20 low → 2022–23 peak

55%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

9%

Climate & weather

Summer Avg High (°F)

87.6

Winter Avg Low (°F)

30.1

Avg Temperature (°F)

58.9

Freezing Days/yr (<32°F)

80.4

Annual Precipitation (in)

55

Annual Snowfall (in)

3.7

Go deeper

Explore every county, ZIP code, and census tract in Tennessee — demographics, housing, climate, and risk — on the interactive map.

Explore Tennessee on the map →

Tennessee: frequently asked questions

What is the typical home value in Tennessee?
The estimated median home value in Tennessee today is $330,309, lower than 58% of U.S. states.
How much is property tax in Tennessee?
The median annual property tax in Tennessee is $1,442, an effective rate of 0.5% of home value.
Is Tennessee expensive to live in?
Homes in Tennessee cost about 4.12× the median household income, higher than 63% of U.S. states.
What is the average rent in Tennessee?
The median gross rent in Tennessee is $1,189 a month, near the U.S. states median.
How much have home prices grown in Tennessee?
Home prices in Tennessee have moved 2.4% over the past year, per the FHFA House Price Index.
How many people live in Tennessee?
Tennessee has a population of 7,066,383, about 171.41 people per square mile, per the U.S. Census American Community Survey. The median age is 38.9.
What is the weather like in Tennessee?
Tennessee averages 58.9°F year-round, summer highs near 87.6°F, winter lows around 30.1°F (NOAA 1991–2020 normals). It sees about 3.7 inches of snow a year.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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