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Luttrell

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

Median Home$163,300
Median Rent$858/month
Population1,024
Leading IndustriesTransportation · Wholesale Trade · Construction6% transportation
Home Value Growth⬆⬆+14.8% over 2 years
Retirees31% of residentswell above average
Homeowners88% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
Luttrell
TN

Frequently Asked Questions

What are today's mortgage rates in Luttrell?

As of today, the 30-year fixed mortgage rate for Luttrell is approximately 6.894% (6.930% 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 Luttrell?

The median home value in Luttrell is $163k. The median monthly rent is $858. Annual property taxes average $617. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Luttrell?

Home values in Luttrell have increased 14.8% 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 Luttrell?

Based on a typical all-in ownership cost of $672/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Luttrell is $62k/year.

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What industries drive the economy in Luttrell?

The largest employment sectors in Luttrell are public administration (21%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.