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Gleason

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

Median Home$137,100
Median Rent$713/month
Population1,319
Leading IndustriesWholesale Trade · Finance & Insurance · Information & Media11% wholesale trade
Home Value Growth⬆⬆⬆+27.2% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners77% of occupied units
NotableAffordable Market$137k median home · lower cost than 79% of the country
NotableVeteran Community9% of residents · top 22% nationally
Gleason
TN

Frequently Asked Questions

What are today's mortgage rates in Gleason?

As of today, the 30-year fixed mortgage rate for Gleason is approximately 7.054% (7.095% 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 Gleason?

The median home value in Gleason is $137k. The median monthly rent is $713. Annual property taxes average $663. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gleason?

Home values in Gleason have increased 27.2% 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 Gleason?

Based on a typical all-in ownership cost of $613/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gleason is $52k/year.

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What industries drive the economy in Gleason?

The largest employment sectors in Gleason are public administration (26%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.