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Dyer

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

Median Home$136,900
Median Rent$768/month
Population2,257
Leading IndustriesRetail · Transportation · Professional Services27% retail
Home Value Growth⬆⬆⬆+59.1% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners71% of occupied units
NotableAffordable Market$137k median home · lower cost than 79% of the country
Dyer
TN

Frequently Asked Questions

What are today's mortgage rates in Dyer?

As of today, the 30-year fixed mortgage rate for Dyer is approximately 6.965% (7.006% 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 Dyer?

The median home value in Dyer is $137k. The median monthly rent is $768. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dyer?

Home values in Dyer have increased 59.1% 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 Dyer?

Based on a typical all-in ownership cost of $723/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dyer is $61k/year.

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What industries drive the economy in Dyer?

The largest employment sectors in Dyer are retail (27%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.