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Shackle Island

Learn about the people, housing, costs and businesses in Shackle Island, Tennessee

Median Home$606,964
Median Rent$1,644/month
Population3,912
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services14% arts, food & hospitality
Home Value Growth+10.2% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners92% of occupied units
NotableHigh Incomes$139k/year · top 5% nationally
Shackle Island
TN

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Shackle Island?

As of today, the 30-year fixed mortgage rate for Shackle Island is approximately 6.809% (6.842% 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 Shackle Island?

The median home value in Shackle Island is $607k. The median monthly rent is $1,644. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shackle Island?

Home values in Shackle Island have increased 10.2% 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 Shackle Island?

Based on a typical all-in ownership cost of $1,620/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $69k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shackle Island is $139k/year.

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What industries drive the economy in Shackle Island?

The largest employment sectors in Shackle Island are public administration (26%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.