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Mooresburg

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

Median Home$157,500
Median Rent$718/month
Population879
Leading IndustriesPublic Administration · Education · Arts, Food & Hospitality27% public administration
Home Value Growth⬆⬆⬆+25.7% over 2 years
Young Adults34% of residentswell above average
Homeowners88% of occupied units
NotableHighly Educated24% hold a bachelor's degree · top 21% nationally
NotableAffordable Market$158k median home · lower cost than 71% of the country
Mooresburg
TN

Frequently Asked Questions

What are today's mortgage rates in Mooresburg?

As of today, the 30-year fixed mortgage rate for Mooresburg is approximately 6.843% (6.877% 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 Mooresburg?

The median home value in Mooresburg is $158k. The median monthly rent is $718. Annual property taxes average $833. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mooresburg?

Home values in Mooresburg have increased 25.7% 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 Mooresburg?

Based on a typical all-in ownership cost of $610/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mooresburg is $51k/year.

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What industries drive the economy in Mooresburg?

The largest employment sectors in Mooresburg are public administration (27%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.