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Silerton

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

Median Home$159,002
Median Rent$726/month
Population102
Leading IndustriesFinance & Insurance · Information & Media · Manufacturing10% finance & insurance
Home Value Growth⬆⬆⬆+67.3% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners85% of occupied units
NotableAffordable Market$159k median home · lower cost than 70% of the country
Silerton
TN

Frequently Asked Questions

What are today's mortgage rates in Silerton?

As of today, the 30-year fixed mortgage rate for Silerton is approximately 6.926% (6.963% 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 Silerton?

The median home value in Silerton is $159k. The median monthly rent is $726. Annual property taxes average $946. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Silerton?

Home values in Silerton have increased 67.3% 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 Silerton?

Based on a typical all-in ownership cost of $736/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Silerton is $61k/year.

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What industries drive the economy in Silerton?

The largest employment sectors in Silerton are public administration (19%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.