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)
How Anderson County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Anderson County, Tennessee
Anderson rents slightly above US average
Anderson County residents spend 18.2% of their income on rent, edging out the national median of roughly 17%. At a median household income of $63,171—about 15% below the national average of $74,755—renters here face steeper affordability pressure than typical American households.
Middle of the pack statewide
Anderson's rent-to-income ratio of 18.2% ranks slightly above Tennessee's state average of 17.6%, placing it in the moderate affordability zone among the state's counties. The $960 median rent here also exceeds the state average of $860 by about 12%.
Pricier than Campbell, easier than Blount
Anderson's median rent of $960 sits between nearby Campbell County ($715) and Blount County ($1,042), reflecting its position as a mid-tier housing market in East Tennessee. Homebuyers face similar pressure: Anderson's median home value of $215,800 falls below Blount County's $275,700 but exceeds Campbell's $169,500.
Rent claims more than homeownership
At $960 monthly, rent consumes 18.2% of Anderson income, while mortgage costs average $878—a pattern reflecting cheaper homeownership. For renters earning the county median, housing accounts for nearly one in five dollars.
Consider your tenure before deciding
If you're a renter, explore Campbell County's lower $715 median rent before committing to Anderson's $960. Prospective homebuyers may find better value in Campbell ($169,500 median home) while still staying close to comparable income levels across the region.
Affordability Calculator
See how your income compares to housing costs in Anderson County
Rent Burden
18.2%
of gross income
Max Housing (28% Rule)
$1,474
per month
Owner Cost Burden
16.7%
of gross income
The median home in Anderson County may be a stretch
Median home value is $215,800. Estimated monthly cost: $1,723 vs. your max of $1,474.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.