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Mayland

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

Median Home$165,045
Median Rent$894/month
Population483
Leading IndustriesFinance & Insurance · Public Administration · Information & Media9% finance & insurance
Home Value Growth⬆⬆⬆+35.4% over 2 years
Young Adults28% of residentsnear the national average
Homeowners84% of occupied units
Mayland
TN

Frequently Asked Questions

What are today's mortgage rates in Mayland?

As of today, the 30-year fixed mortgage rate for Mayland is approximately 7.037% (7.078% 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 Mayland?

The median home value in Mayland is $165k. The median monthly rent is $894. Annual property taxes average $521. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mayland?

Home values in Mayland have increased 35.4% 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 Mayland?

Based on a typical all-in ownership cost of $594/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mayland is $53k/year.

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What industries drive the economy in Mayland?

The largest employment sectors in Mayland are public administration (31%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.