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Dowelltown

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

Median Home$233,400
Median Rent$735/month
Population319
Leading IndustriesTransportation · Professional Services3% transportation
Home Value Growth⬆⬆+15.6% over 2 years
Young Adults24% of residents
Homeowners69% of occupied units
Dowelltown
TN

Frequently Asked Questions

What are today's mortgage rates in Dowelltown?

As of today, the 30-year fixed mortgage rate for Dowelltown is approximately 6.932% (6.969% 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 Dowelltown?

The median home value in Dowelltown is $233k. The median monthly rent is $735. Annual property taxes average $777. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dowelltown?

Home values in Dowelltown have increased 15.6% 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 Dowelltown?

Based on a typical all-in ownership cost of $766/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dowelltown is $52k/year.

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What industries drive the economy in Dowelltown?

The largest employment sectors in Dowelltown are public administration (22%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.