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Bon Aqua Junction

Learn about the people, housing, costs and businesses in Bon Aqua Junction, Tennessee

Median Home$232,532
Median Rent$847/month
Population1,347
Leading IndustryWholesale Trade15% of local workforce
Home Value Growth⬆⬆+19.9% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners78% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Bon Aqua Junction
TN

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

Frequently Asked Questions

What are today's mortgage rates in Bon Aqua Junction?

As of today, the 30-year fixed mortgage rate for Bon Aqua Junction is approximately 7.000% (7.040% 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 Bon Aqua Junction?

The median home value in Bon Aqua Junction is $233k. The median monthly rent is $847. Annual property taxes average $966. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bon Aqua Junction?

Home values in Bon Aqua Junction have increased 19.9% 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 Bon Aqua Junction?

Based on a typical all-in ownership cost of $887/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bon Aqua Junction is $67k/year.

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What industries drive the economy in Bon Aqua Junction?

The largest employment sectors in Bon Aqua Junction are public administration (24%) and wholesale trade (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.