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Tennessee Ridge

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

Median Home$157,673
Median Rent$944/month
Population1,434
Leading IndustriesRetail · Wholesale Trade · Manufacturing24% retail
Home Value Growth⬆⬆⬆+35.0% over 2 years
Retirees22% of residentsnear the national average
Homeowners83% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Tennessee Ridge
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 Tennessee Ridge?

As of today, the 30-year fixed mortgage rate for Tennessee Ridge is approximately 7.028% (7.069% 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 Tennessee Ridge?

The median home value in Tennessee Ridge is $158k. The median monthly rent is $944. Annual property taxes average $840. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tennessee Ridge?

Home values in Tennessee Ridge have increased 35.0% 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 Tennessee Ridge?

Based on a typical all-in ownership cost of $788/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tennessee Ridge is $59k/year.

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What industries drive the economy in Tennessee Ridge?

The largest employment sectors in Tennessee Ridge are retail (24%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.