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Braden

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

Median Home$205,000
Median Rent$671/month
Population241
Leading IndustriesConstruction · Agriculture & Mining · Professional Services6% construction
Home Value Growth⬆⬆⬆+47.4% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners58% of occupied units
Braden
TN

Frequently Asked Questions

What are today's mortgage rates in Braden?

As of today, the 30-year fixed mortgage rate for Braden is approximately 6.947% (6.985% 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 Braden?

The median home value in Braden is $205k. The median monthly rent is $671. Annual property taxes average $717. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Braden?

Home values in Braden have increased 47.4% 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 Braden?

Based on a typical all-in ownership cost of $756/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Braden is $48k/year.

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What industries drive the economy in Braden?

The largest employment sectors in Braden are public administration (20%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.