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Monroe County School District in Sweetwater

Learn about the people, housing, costs and businesses in Monroe County School District in Sweetwater, Tennessee

Median Home$201,116
Median Rent$621/month
Population12,577
Leading IndustryRetail25% of local workforce
Home Value Growth⬆⬆+11.1% over 2 years
Retirees21% of residentsslightly above average
Homeowners65% of occupied units
NotableAffordable Market$201k median home · lower cost than 83% of the country
Monroe County School District in Sweetwater
TN

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Frequently Asked Questions

What are today's mortgage rates in Monroe County School District in Sweetwater?

As of today, the 30-year fixed mortgage rate for Monroe County School District in Sweetwater is approximately 6.966% (7.005% 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 Monroe County School District in Sweetwater?

The median home value in Monroe County School District in Sweetwater is $201k. The median monthly rent is $621. Annual property taxes average $965. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Monroe County School District in Sweetwater?

Home values in Monroe County School District in Sweetwater have increased 11.1% 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 Monroe County School District in Sweetwater?

Based on a typical all-in ownership cost of $651/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Monroe County School District in Sweetwater is $51k/year.

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What industries drive the economy in Monroe County School District in Sweetwater?

The largest employment sectors in Monroe County School District in Sweetwater are retail (25%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.