Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Cottontown

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

Median Home$421,617
Median Rent$944/month
Population403
Leading IndustriesConstruction · Agriculture & Mining · Public Administration17% construction
Home Value Growth+8.6% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners91% of occupied units
NotableHigh Incomes$94k/year · top 21% nationally
Cottontown
TN

Frequently Asked Questions

What are today's mortgage rates in Cottontown?

As of today, the 30-year fixed mortgage rate for Cottontown is approximately 6.982% (7.021% 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 Cottontown
What is the median home price in Cottontown?

The median home value in Cottontown is $422k. The median monthly rent is $944. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cottontown?

Home values in Cottontown have increased 8.6% over the past two years. This represents moderate growth. 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 Cottontown?

Based on a typical all-in ownership cost of $951/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cottontown is $94k/year.

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

The largest employment sectors in Cottontown are public administration (27%) and agriculture and mining (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.