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Rhea County School District in Dayton

Learn about the people, housing, costs and businesses in Rhea County School District in Dayton, Tennessee

Median Home$195,341
Median Rent$855/month
Population7,925
Leading IndustriesRetail · Manufacturing36% retail
Home Value Growth⬆⬆+18.5% over 2 years
Retirees21% of residentsslightly above average
Homeowners56% of occupied units
NotableVeteran Community9% of residents · top 10% nationally
NotableAffordable Market$195k median home · lower cost than 84% of the country
Rhea County School District in Dayton
TN

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Frequently Asked Questions

What are today's mortgage rates in Rhea County School District in Dayton?

As of today, the 30-year fixed mortgage rate for Rhea County School District in Dayton is approximately 6.949% (6.987% 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 Rhea County School District in Dayton
What is the median home price in Rhea County School District in Dayton?

The median home value in Rhea County School District in Dayton is $195k. The median monthly rent is $855. Annual property taxes average $960. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rhea County School District in Dayton?

Home values in Rhea County School District in Dayton have increased 18.5% 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 Rhea County School District in Dayton?

Based on a typical all-in ownership cost of $811/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rhea County School District in Dayton is $54k/year.

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What industries drive the economy in Rhea County School District in Dayton?

The largest employment sectors in Rhea County School District in Dayton are retail (36%) and public administration (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.