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Medina

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

Median Home$277,100
Median Rent$1,220/month
Population5,877
Leading IndustriesProfessional Services · Education2% professional services
Home Value Growth⬆⬆+19.6% over 2 years
Young Adults28% of residentsnear the national average
Homeowners84% of occupied units
NotableHigh Incomes$109k/year · top 12% nationally
NotableVeteran Community9% of residents · top 22% nationally
Medina
TN

Frequently Asked Questions

What are today's mortgage rates in Medina?

As of today, the 30-year fixed mortgage rate for Medina is approximately 6.900% (6.936% 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 Medina?

The median home value in Medina is $277k. The median monthly rent is $1,220. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Medina?

Home values in Medina have increased 19.6% 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 Medina?

Based on a typical all-in ownership cost of $1,527/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Medina is $109k/year.

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What industries drive the economy in Medina?

The largest employment sectors in Medina are public administration (25%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.