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Bethel Springs

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

Median Home$171,100
Median Rent$778/month
Population705
Leading IndustriesProfessional Services · Retail · Manufacturing3% professional services
Home Value Growth⬆⬆⬆+54.3% over 2 years
Retirees27% of residentsabove average nationally
Homeowners81% of occupied units
Bethel Springs
TN

Frequently Asked Questions

What are today's mortgage rates in Bethel Springs?

As of today, the 30-year fixed mortgage rate for Bethel Springs is approximately 6.897% (6.933% 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 Bethel Springs?

The median home value in Bethel Springs is $171k. The median monthly rent is $778. Annual property taxes average $614. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bethel Springs?

Home values in Bethel Springs have increased 54.3% 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 Bethel Springs?

Based on a typical all-in ownership cost of $669/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bethel Springs is $42k/year.

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What industries drive the economy in Bethel Springs?

The largest employment sectors in Bethel Springs are public administration (21%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.