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Vanleer

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

Median Home$259,300
Median Rent$743/month
Population360
Leading IndustriesConstruction · Agriculture & Mining · Retail12% construction
Home Value Growth⬆⬆⬆+22.4% over 2 years
Retirees24% of residentsslightly above average
Homeowners78% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Vanleer
TN

Frequently Asked Questions

What are today's mortgage rates in Vanleer?

As of today, the 30-year fixed mortgage rate for Vanleer is approximately 6.897% (6.933% 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 Vanleer?

The median home value in Vanleer is $259k. The median monthly rent is $743. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Vanleer?

Home values in Vanleer have increased 22.4% 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 Vanleer?

Based on a typical all-in ownership cost of $744/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 Vanleer is $66k/year.

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What industries drive the economy in Vanleer?

The largest employment sectors in Vanleer are public administration (23%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.