Housing costs in Norris?
A typical home costs
$384,300, which is 13.7% more expensive than the national average of
$338,100 and 38.5% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Norris costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and close to the state average of
$1,070.
Can I afford Norris?
To live comfortably in Norris, Tennessee, a minimum annual income of
$73,800 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Norris?
The cost of living in Norris, TN is quite affordable compared to many other cities and towns of similar size. The median listing price for a home in Norris is around $167,000 which is quite reasonable. Additionally, the median household income for its residents is estimated to be around $40,500 per year. This is slightly higher than the national average, but not so much that it creates an excessive burden on families when it comes to everyday expenses. Furthermore, goods and services are relatively inexpensive compared to nearby towns and cities so locals can get good value with their money.