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Fowlkes

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

Median Home$137,987
Median Rent$581/month
Population807
Leading IndustriesArts, Food & Hospitality · Wholesale Trade9% arts, food & hospitality
Home Value Growth⬆⬆+12.6% over 2 years
Young Adults46% of residentstop 1% nationally
Homeowners66% of occupied units
NotableTransit90/100 · excellent transit access
NotableHighly Educated27% hold a bachelor's degree · top 14% nationally
Fowlkes
TN

Frequently Asked Questions

What are today's mortgage rates in Fowlkes?

As of today, the 30-year fixed mortgage rate for Fowlkes is approximately 6.886% (6.922% 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 Fowlkes?

The median home value in Fowlkes is $138k. The median monthly rent is $581. Annual property taxes average $771. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fowlkes?

Home values in Fowlkes have increased 12.6% 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 Fowlkes?

Based on a typical all-in ownership cost of $593/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fowlkes is $39k/year.

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What industries drive the economy in Fowlkes?

The largest employment sectors in Fowlkes are public administration (25%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.