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Walterhill

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

Median Home$417,773
Median Rent$1,423/month
Population424
Leading IndustriesManufacturing · Public Administration · Agriculture & Mining7% manufacturing
Home Value Growth⬆⬆+12.3% over 2 years
Retirees28% of residentswell above average
Homeowners92% of occupied units
NotableHigh Incomes$114k/year · top 11% nationally
Walterhill
TN

Frequently Asked Questions

What are today's mortgage rates in Walterhill?

As of today, the 30-year fixed mortgage rate for Walterhill is approximately 6.864% (6.899% 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 Walterhill?

The median home value in Walterhill is $418k. The median monthly rent is $1,423. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Walterhill?

Home values in Walterhill have increased 12.3% 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 Walterhill?

Based on a typical all-in ownership cost of $1,499/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $64k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Walterhill is $114k/year.

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What industries drive the economy in Walterhill?

The largest employment sectors in Walterhill are public administration (30%) and agriculture and mining (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.