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Tazewell

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

Median Home$151,338
Median Rent$637/month
Population2,444
Leading IndustriesRetail · Manufacturing · Public Administration23% retail
Home Value Growth⬆⬆⬆+25.3% over 2 years
Young Adults26% of residents
Homeowners72% of occupied units
NotableAffordable Market$151k median home · lower cost than 74% of the country
Tazewell
TN

Frequently Asked Questions

What are today's mortgage rates in Tazewell?

As of today, the 30-year fixed mortgage rate for Tazewell is approximately 7.008% (7.048% 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 Tazewell?

The median home value in Tazewell is $151k. The median monthly rent is $637. Annual property taxes average $754. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tazewell?

Home values in Tazewell have increased 25.3% 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 Tazewell?

Based on a typical all-in ownership cost of $632/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tazewell is $52k/year.

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What industries drive the economy in Tazewell?

The largest employment sectors in Tazewell are public administration (26%) and retail (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.