Housing costs in Townsend?
A typical home costs
$356,500, which is 5.4% more expensive than the national average of
$338,100 and 28.5% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Townsend costs
$1,140 per month, which is 6.5% more than the national average of
$1,070 and close to the state average of
$1,120.
Can I afford Townsend?
To live comfortably in Townsend (zip 37882), Tennessee, a minimum annual income of
$68,400 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Townsend?
The cost of living in Townsend, TN (37882) is relatively low, making it an attractive place for those seeking a more affordable lifestyle. The city has a median home value of $256,700 and the monthly cost of living for a family of four is approximately $3,339. The median household income in Townsend is around $47,000 annually, which is slightly above the national average. Additionally, sales tax in Tennessee is only 7%, making it one of the more affordable states when it comes to taxes. In conclusion, residing in Townsend gives individuals and families an opportunity to live comfortably without worrying about the high costs associated with some other cities.