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Lawrenceburg

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

Median Home$182,398
Median Rent$779/month
Population12,038
Leading IndustryRetail15% of local workforce
Home Value Growth⬆⬆+14.9% over 2 years
Retirees22% of residentsnear the national average
Homeowners66% of occupied units
Lawrenceburg
TN

Frequently Asked Questions

What are today's mortgage rates in Lawrenceburg?

As of today, the 30-year fixed mortgage rate for Lawrenceburg is approximately 6.963% (7.002% 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 Lawrenceburg?

The median home value in Lawrenceburg is $182k. The median monthly rent is $779. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lawrenceburg?

Home values in Lawrenceburg have increased 14.9% 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 Lawrenceburg?

Based on a typical all-in ownership cost of $772/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lawrenceburg is $50k/year.

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What industries drive the economy in Lawrenceburg?

The largest employment sectors in Lawrenceburg are public administration (25%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.