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Fall Branch

Learn about the people, housing, costs and businesses in Fall Branch, Tennessee

Median Home$249,736
Median Rent$818/month
Population1,135
Leading IndustriesEducation · Retail · Arts, Food & Hospitality3% education
Home Value Growth⬆⬆⬆+24.0% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners88% of occupied units
NotableHighly Educated35% bachelor's · 15% graduate · top 3% nationally
Fall Branch
TN

Frequently Asked Questions

What are today's mortgage rates in Fall Branch?

As of today, the 30-year fixed mortgage rate for Fall Branch is approximately 6.867% (6.902% 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 Fall Branch?

The median home value in Fall Branch is $250k. The median monthly rent is $818. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fall Branch?

Home values in Fall Branch have increased 24.0% 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 Fall Branch?

Based on a typical all-in ownership cost of $640/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 Fall Branch is $62k/year.

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What industries drive the economy in Fall Branch?

The largest employment sectors in Fall Branch are public administration (22%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.