Cost of Living in Gibson County, Tennessee

$797/mo
Median Monthly Rent
$149,700
Median Home Value

At a Glance

Median Monthly Rent
$797/mo
7% below state average
Median Home Value
$149,700
47% below national
Rent-to-Income Ratio
27.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Gibson County Compares

Median monthly rent comparison

Gibson County$797/mo
Tennessee Average$860/mo
National Median$1,163/mo

Detailed Housing Stats

$797/mo
Median Gross Rent
$149,700
Median Home Value
$785/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Gibson County ranks #2,101 of 3,144 counties for affordability (bottom 33%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Gibson County, Tennessee

Gibson County Below National Housing Burden

Gibson County's 16.2% rent-to-income ratio performs better than the national average, giving renters more financial flexibility than typical U.S. households. With a median income of $59,009 supporting a $797 monthly rent, local renters have breathing room compared to national norms.

Gibson Beats Tennessee's Affordability Average

At 16.2%, Gibson County's rent-to-income ratio outperforms Tennessee's 17.6% state average, marking it as more affordable than most of the state. Renters here pay $63 less monthly than Tennessee's median rent, translating to meaningful annual savings.

Among the Most Affordable in Its Region

Gibson County's $797 rent is the second-lowest among comparable rural Tennessee counties, beaten only by Fentress County at $614. This affordability advantage makes Gibson attractive for renters seeking lower housing costs without sacrificing county services.

Your Housing Budget in Gibson County

Gibson County renters spend 16.2% of their $59,009 median income on $797 housing, preserving substantial resources for other expenses. Homeowners invest 15.8% of income in $785 monthly costs, creating one of the state's most balanced owner-affordability profiles.

Gibson County Delivers Rural Affordability

Consider Gibson County if you're relocating to Tennessee and value low housing costs paired with rural character and working-class stability. With $797 median rent and $149,700 median home values, compare your budget here against both pricier urban counties and similarly rural peers.

Cost of Living Advisory: Gibson County

Affordability Verdict

Gibson County offers affordable rental housing at a median of $797/month — about 16.2% of the typical household income here.

Rent vs. Own

The median rent in Gibson County is $797/month, while owner costs run $785/month. Owning saves approximately $12/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $31,880/year. For owner costs at the 28% rule, the required income is roughly $33,643/year. With a median household income of $59,009, most households can comfortably afford rent here. Notably, 27.0% of renter households in Gibson County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Moore County where rent averages $746/month, Gibson County is approximately 7% more expensive.

Affordability Calculator

See how your income compares to housing costs in Gibson County

$

Rent Burden

16.2%

of gross income

Max Housing (28% Rule)

$1,377

per month

Owner Cost Burden

16.0%

of gross income

You can likely afford the median home in Gibson County

Median home value is $149,700. Estimated monthly cost: $1,195 vs. your max of $1,377.

Rent Affordability Guide

Your rent-to-income ratio16.2%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,009Needed: $31,880
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,009Needed: $33,643
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $59,009Needed: $34,839

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

What is the cost of living in Gibson County, Tennessee?
Gibson County, Tennessee has a median monthly rent of $797/mo and a median home value of $149,700. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Gibson County?
The median gross rent in Gibson County is $797/mo. This is 7% below state average for Tennessee.
Is Gibson County affordable?
Gibson County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Gibson County's rent compare to the state average?
Gibson County's median rent of $797/mo is 7% below state average of $860/mo for Tennessee.
What is the median home value in Gibson County?
The median home value in Gibson County, Tennessee is $149,700. This is 47% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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