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Puryear

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

Median Home$129,500
Median Rent$883/month
Population817
Leading IndustriesFinance & Insurance · Education · Information & Media8% finance & insurance
Home Value Growth⬆⬆⬆+34.0% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners91% of occupied units
Puryear
TN

Frequently Asked Questions

What are today's mortgage rates in Puryear?

As of today, the 30-year fixed mortgage rate for Puryear is approximately 7.070% (7.112% 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 Puryear?

The median home value in Puryear is $130k. The median monthly rent is $883. Annual property taxes average $544. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Puryear?

Home values in Puryear have increased 34.0% 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 Puryear?

Based on a typical all-in ownership cost of $507/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $22k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Puryear is $59k/year.

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What industries drive the economy in Puryear?

The largest employment sectors in Puryear are public administration (24%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.