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Beersheba Springs

Learn about the people, housing, costs and businesses in Beersheba Springs, Tennessee

Median Home$116,700
Median Rent$937/month
Population465
Leading IndustriesTransportation · Construction · Agriculture & Mining5% transportation
Home Value Growth⬆⬆⬆+24.4% over 2 years
Young Adults23% of residents
Homeowners90% of occupied units
Beersheba Springs
TN

Explore Beersheba Springs

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Beersheba Springs?

As of today, the 30-year fixed mortgage rate for Beersheba Springs is approximately 6.982% (7.021% 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 Beersheba Springs?

The median home value in Beersheba Springs is $117k. The median monthly rent is $937. Annual property taxes average $320. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Beersheba Springs?

Home values in Beersheba Springs have increased 24.4% 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 Beersheba Springs?

Based on a typical all-in ownership cost of $433/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $19k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Beersheba Springs is $39k/year.

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What industries drive the economy in Beersheba Springs?

The largest employment sectors in Beersheba Springs are public administration (20%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.