Safe Rate Local

Clarksville

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

Median Home$259,723
Median Rent$1,341/month
Population178,823
Leading IndustryEducation2% of local workforce
Home Value Growth⬆⬆+12.3% over 2 years
Young Adults38% of residentstop 4% nationally
Homeowners57% of occupied units
NotableVeteran Community18% of residents · top 1% nationally
NotableAmenity Score71/100 · highly walkable area
Clarksville
TN

Frequently Asked Questions

What are today's mortgage rates in Clarksville?

As of today, the 30-year fixed mortgage rate for Clarksville is approximately 6.920% (6.965% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Clarksville
What is the median home price in Clarksville?

The median home value in Clarksville is $260k. The median monthly rent is $1,341. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Clarksville?

Home values in Clarksville have increased 12.3% 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 Clarksville?

Based on a typical all-in ownership cost of $1,282/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $55k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Clarksville is $69k/year.

Calculate your buying power
What industries drive the economy in Clarksville?

The largest employment sectors in Clarksville are public administration (22%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.