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Collegedale

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

Median Home$389,678
Median Rent$1,233/month
Population11,251
Leading IndustriesManufacturing · Agriculture & Mining · Transportation4% manufacturing
Home Value Growth⬆⬆+14.3% over 2 years
Young Adults26% of residents
Homeowners64% of occupied units
NotableHigh Incomes$97k/year · top 19% nationally
Collegedale
TN

Frequently Asked Questions

What are today's mortgage rates in Collegedale?

As of today, the 30-year fixed mortgage rate for Collegedale is approximately 6.867% (6.902% 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 Collegedale?

The median home value in Collegedale is $390k. The median monthly rent is $1,233. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Collegedale?

Home values in Collegedale 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 Collegedale?

Based on a typical all-in ownership cost of $1,330/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Collegedale is $97k/year.

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What industries drive the economy in Collegedale?

The largest employment sectors in Collegedale are public administration (26%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.