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Tellico

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

Median Home$520,767
Median Rent$1,146/month
Population7,398
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality5% education
Home Value Growth⬆⬆+17.0% over 2 years
Retirees64% of residentstop 1% nationally
Homeowners94% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
NotableHighly Educated33% bachelor's · 19% graduate · top 5% nationally
Tellico Village
TN

Frequently Asked Questions

What are today's mortgage rates in Tellico?

As of today, the 30-year fixed mortgage rate for Tellico is approximately 6.831% (6.865% 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 Tellico?

The median home value in Tellico is $521k. The median monthly rent is $1,146. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tellico?

Home values in Tellico have increased 17.0% 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 Tellico?

Based on a typical all-in ownership cost of $1,209/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tellico is $109k/year.

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What industries drive the economy in Tellico?

The largest employment sectors in Tellico are healthcare (20%) and arts, food, and hospitality (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.