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Allardt

Learn about the people, housing, costs and businesses in Allardt, Tennessee

Median Home$167,800
Median Rent$793/month
Population573
Leading IndustriesInformation & Media · Finance & Insurance · Wholesale Trade11% information & media
Home Value Growth⬆⬆+19.1% over 2 years
Young Adults27% of residentsnear the national average
Homeowners95% of occupied units
NotableAffordable Market$168k median home · lower cost than 66% of the country
Allardt
TN

Frequently Asked Questions

What are today's mortgage rates in Allardt?

As of today, the 30-year fixed mortgage rate for Allardt is approximately 6.920% (6.957% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Allardt?

The median home value in Allardt is $168k. The median monthly rent is $793. Annual property taxes average $537. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Allardt?

Home values in Allardt have increased 19.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Allardt?

Based on a typical all-in ownership cost of $464/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Allardt is $55k/year.

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What industries drive the economy in Allardt?

The largest employment sectors in Allardt are public administration (26%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.