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Westpoint

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

Median Home$191,700
Median Rent$625/month
Population156
Leading IndustriesConstruction · Agriculture & Mining · Arts, Food & Hospitality9% construction
Home Value Growth⬆⬆+15.7% over 2 years
Retirees31% of residentswell above average
Homeowners76% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Westpoint
TN

Frequently Asked Questions

What are today's mortgage rates in Westpoint?

As of today, the 30-year fixed mortgage rate for Westpoint is approximately 6.835% (6.869% 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 Westpoint?

The median home value in Westpoint is $192k. The median monthly rent is $625. Annual property taxes average $932. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Westpoint?

Home values in Westpoint have increased 15.7% 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 Westpoint?

Based on a typical all-in ownership cost of $643/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Westpoint is $45k/year.

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What industries drive the economy in Westpoint?

The largest employment sectors in Westpoint are public administration (21%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.