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Fairgarden

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

Median Home$353,800
Median Rent$800/month
Population483
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services19% arts, food & hospitality
Home Value Growth⬆⬆+13.9% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners81% of occupied units
NotableHighly Educated42% bachelor's · 20% graduate · top 1% nationally
Fairgarden
TN

Frequently Asked Questions

What are today's mortgage rates in Fairgarden?

As of today, the 30-year fixed mortgage rate for Fairgarden is approximately 6.819% (6.852% 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 Fairgarden?

The median home value in Fairgarden is $354k. The median monthly rent is $800. Annual property taxes average $880. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fairgarden?

Home values in Fairgarden have increased 13.9% 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 Fairgarden?

Based on a typical all-in ownership cost of $950/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 Fairgarden is $64k/year.

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What industries drive the economy in Fairgarden?

The largest employment sectors in Fairgarden are public administration (25%) and healthcare (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.