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Clarksburg

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

Median Home$119,100
Median Rent$813/month
Population421
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade10% construction
Home Value Growth⬆⬆+14.3% over 2 years
Retirees24% of residentsslightly above average
Homeowners89% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableAffordable Market$119k median home · lower cost than 85% of the country
Clarksburg
TN

Frequently Asked Questions

What are today's mortgage rates in Clarksburg?

As of today, the 30-year fixed mortgage rate for Clarksburg is approximately 6.913% (6.950% 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 Clarksburg?

The median home value in Clarksburg is $119k. The median monthly rent is $813. Annual property taxes average $616. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Clarksburg?

Home values in Clarksburg have increased 14.3% 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 Clarksburg?

Based on a typical all-in ownership cost of $476/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Clarksburg is $47k/year.

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What industries drive the economy in Clarksburg?

The largest employment sectors in Clarksburg are public administration (25%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.