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Rutledge

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

Median Home$166,928
Median Rent$639/month
Population1,293
Leading IndustryRetail22% of local workforce
Home Value Growth⬆⬆+11.0% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners76% of occupied units
NotableAffordable Market$167k median home · lower cost than 66% of the country
Rutledge
TN

Frequently Asked Questions

What are today's mortgage rates in Rutledge?

As of today, the 30-year fixed mortgage rate for Rutledge is approximately 7.165% (7.212% 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 Rutledge?

The median home value in Rutledge is $167k. The median monthly rent is $639. Annual property taxes average $751. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rutledge?

Home values in Rutledge have increased 11.0% 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 Rutledge?

Based on a typical all-in ownership cost of $659/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rutledge is $51k/year.

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What industries drive the economy in Rutledge?

The largest employment sectors in Rutledge are public administration (23%) and retail (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.