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Gruetli-Laager

Learn about the people, housing, costs and businesses in Gruetli-Laager, Tennessee

Median Home$157,300
Median Rent$495/month
Population1,779
Leading IndustriesFinance & Insurance · Information & Media · Retail12% finance & insurance
Home Value Growth⬆⬆⬆+24.4% over 2 years
Retirees21% of residentsnear the national average
Homeowners91% of occupied units
NotableAffordable Market$157k median home · lower cost than 71% of the country
Gruetli-Laager
TN

Frequently Asked Questions

What are today's mortgage rates in Gruetli-Laager?

As of today, the 30-year fixed mortgage rate for Gruetli-Laager is approximately 7.017% (7.057% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Gruetli-Laager
What is the median home price in Gruetli-Laager?

The median home value in Gruetli-Laager is $157k. The median monthly rent is $495. Annual property taxes average $612. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gruetli-Laager?

Home values in Gruetli-Laager have increased 24.4% 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 Gruetli-Laager?

Based on a typical all-in ownership cost of $484/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $21k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gruetli-Laager is $48k/year.

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What industries drive the economy in Gruetli-Laager?

The largest employment sectors in Gruetli-Laager are retail (17%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.