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Hohenwald

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

Median Home$171,500
Median Rent$673/month
Population3,695
Leading IndustryRetail24% of local workforce
Home Value Growth⬆⬆⬆+22.6% over 2 years
Young Adults29% of residentsslightly above average
Homeowners85% of occupied units
NotableTransit81/100 · excellent transit access
NotableAmenity Score67/100 · highly walkable area
Hohenwald
TN

Frequently Asked Questions

What are today's mortgage rates in Hohenwald?

As of today, the 30-year fixed mortgage rate for Hohenwald is approximately 6.857% (6.892% 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 Hohenwald?

The median home value in Hohenwald is $172k. The median monthly rent is $673. Annual property taxes average $786. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hohenwald?

Home values in Hohenwald have increased 22.6% 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 Hohenwald?

Based on a typical all-in ownership cost of $733/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hohenwald is $55k/year.

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What industries drive the economy in Hohenwald?

The largest employment sectors in Hohenwald are retail (24%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.