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Tullahoma

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

Median Home$244,099
Median Rent$900/month
Population20,718
Leading IndustriesRetail · Arts, Food & Hospitality · Finance & Insurance22% retail
Home Value Growth⬆⬆+20.1% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners63% of occupied units
NotableAmenity Score70/100 · highly walkable area
NotableVeteran Community9% of residents · top 22% nationally
Tullahoma
TN

Frequently Asked Questions

What are today's mortgage rates in Tullahoma?

As of today, the 30-year fixed mortgage rate for Tullahoma is approximately 6.941% (6.979% 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 Tullahoma?

The median home value in Tullahoma is $244k. The median monthly rent is $900. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tullahoma?

Home values in Tullahoma have increased 20.1% 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 Tullahoma?

Based on a typical all-in ownership cost of $920/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tullahoma is $60k/year.

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What industries drive the economy in Tullahoma?

The largest employment sectors in Tullahoma are retail (22%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.