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Chewalla

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

Median Home$158,900
Median Rent$901/month
Population92
Leading IndustriesManufacturing · Arts, Food & Hospitality · Education1% manufacturing
Home Value Growth⬆⬆⬆+26.8% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners79% of occupied units
NotableHighly Educated26% bachelor's · 12% graduate · top 16% nationally
Chewalla
TN

Frequently Asked Questions

What are today's mortgage rates in Chewalla?

As of today, the 30-year fixed mortgage rate for Chewalla is approximately 6.921% (6.958% 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 Chewalla?

The median home value in Chewalla is $159k. The median monthly rent is $901. Annual property taxes average $560. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chewalla?

Home values in Chewalla have increased 26.8% 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 Chewalla?

Based on a typical all-in ownership cost of $729/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chewalla is $63k/year.

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What industries drive the economy in Chewalla?

The largest employment sectors in Chewalla are public administration (23%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.