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Paris

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

Median Home$154,067
Median Rent$745/month
Population10,083
Leading IndustryRetail17% of local workforce
Home Value Growth⬆⬆+15.4% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners59% of occupied units
NotableAmenity Score74/100 · highly walkable area
NotableAffordable Market$154k median home · lower cost than 72% of the country
Paris
TN

Frequently Asked Questions

What are today's mortgage rates in Paris?

As of today, the 30-year fixed mortgage rate for Paris is approximately 6.986% (7.025% 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 Paris?

The median home value in Paris is $154k. The median monthly rent is $745. Annual property taxes average $900. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Paris?

Home values in Paris have increased 15.4% 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 Paris?

Based on a typical all-in ownership cost of $729/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Paris is $42k/year.

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What industries drive the economy in Paris?

The largest employment sectors in Paris are public administration (22%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.