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Newbern

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

Median Home$139,758
Median Rent$833/month
Population3,505
Leading IndustriesTransportation · Retail5% transportation
Home Value Growth⬆⬆⬆+23.5% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners73% of occupied units
NotableTransit90/100 · excellent transit access
NotableAffordable Market$140k median home · lower cost than 78% of the country
Newbern
TN

Frequently Asked Questions

What are today's mortgage rates in Newbern?

As of today, the 30-year fixed mortgage rate for Newbern is approximately 6.964% (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.

View current rates for Newbern
What is the median home price in Newbern?

The median home value in Newbern is $140k. The median monthly rent is $833. Annual property taxes average $876. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Newbern?

Home values in Newbern have increased 23.5% 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 Newbern?

Based on a typical all-in ownership cost of $755/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Newbern is $68k/year.

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What industries drive the economy in Newbern?

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