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Erin

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

Median Home$161,565
Median Rent$661/month
Population1,214
Leading IndustriesWholesale Trade · Retail14% wholesale trade
Home Value Growth⬆⬆⬆+32.5% over 2 years
Retirees24% of residentsslightly above average
Homeowners73% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableAffordable Market$162k median home · lower cost than 69% of the country
Erin
TN

Frequently Asked Questions

What are today's mortgage rates in Erin?

As of today, the 30-year fixed mortgage rate for Erin is approximately 6.968% (7.007% 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 Erin?

The median home value in Erin is $162k. The median monthly rent is $661. Annual property taxes average $919. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Erin?

Home values in Erin have increased 32.5% 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 Erin?

Based on a typical all-in ownership cost of $669/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Erin is $56k/year.

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What industries drive the economy in Erin?

The largest employment sectors in Erin are public administration (21%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.