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Crab Orchard

Learn about the people, housing, costs and businesses in Crab Orchard, Tennessee

Median Home$191,600
Median Rent$862/month
Population786
Leading IndustriesRetail · Manufacturing · Finance & Insurance23% retail
Home Value Growth⬆⬆⬆+28.9% over 2 years
Retirees22% of residentsnear the national average
Homeowners82% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Crab Orchard
TN

Frequently Asked Questions

What are today's mortgage rates in Crab Orchard?

As of today, the 30-year fixed mortgage rate for Crab Orchard is approximately 6.964% (7.005% 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 Crab Orchard?

The median home value in Crab Orchard is $192k. The median monthly rent is $862. Annual property taxes average $593. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Crab Orchard?

Home values in Crab Orchard have increased 28.9% 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 Crab Orchard?

Based on a typical all-in ownership cost of $621/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Crab Orchard is $64k/year.

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What industries drive the economy in Crab Orchard?

The largest employment sectors in Crab Orchard are public administration (24%) and retail (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.