Cost of Living in Anderson County, Tennessee
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Anderson County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Anderson County ranks #2,074 of 3,142 counties for affordability (bottom 34%)
Sourced county brief
Anderson County Median Gross Rent Reaches $1,031 Monthly
Median gross rent in Anderson County was estimated at $1,031 per month, which is $138 above the Tennessee unweighted county mean of $893. According to the U.S. Census Bureau ACS 2020-2024 5-Year Estimates, the official ACS B25071 median gross rent as a percentage of household income (GRAPI) was 28.0%. This figure differs from the state unweighted county mean GRAPI of 26.9% by 1.1 percentage points. Median selected monthly owner costs for all owner-occupied units in the county were $902, compared to the state unweighted county mean of $788. The median home value was reported at $239,400, while the state unweighted county mean was $223,385. Median renter-household income for the period was $43,490. These figures provide a statistical snapshot of the county's housing costs and renter income levels during the five-year period based on dataVersion acs5-2020-2024 and methodologyVersion cost-brief-v1, lastReviewedAt 2026-07-10. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Anderson County
Affordability Verdict
ACS B25071 estimates median gross rent at 28.0% of renter household income in Anderson County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,031 per month; median selected monthly owner costs are $902. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $41,240 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Tennessee unweighted mean of county median rents is $893 per month. Anderson County's $1,031 median is 15.5% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Anderson County
Rent Burden
18.7%
of gross income
Max Housing (28% Rule)
$1,544
per month
Owner Cost Burden
16.4%
of gross income
The median home in Anderson County may be a stretch
Median home value is $239,400. Estimated monthly cost: $1,911 vs. your max of $1,544.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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