Cost of Living in Hardeman County, Tennessee

$818/mo

Median Monthly Rent

$116,800

Median Home Value

5% below state averageUnaffordable

At a Glance

Median Monthly Rent

$818/mo

5% below state average

Median Home Value

$116,800

59% below national

Rent-to-Income Ratio

31.0%

% 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 Hardeman County Compares

Median monthly rent comparison

Hardeman County$818/mo

Tennessee Average$860/mo

National Median$1,163/mo

Detailed Housing Stats

$818/mo

Median Gross Rent

$116,800

Median Home Value

$748/mo

Monthly Owner Cost

31.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Hardeman County, Tennessee

Rent burden above national average

Hardeman County renters spend 21.3% of income on rent, outpacing the national average of roughly 18%. Median household income of $46,173 lags the national median of $74,755 by a third, making housing costs proportionally harder to bear.

Third-worst affordability in state

Hardeman County's 21.3% rent-to-income ratio ranks among Tennessee's most unaffordable counties, exceeding the state average of 17.6%. The $818 median monthly rent is nearly equal to the state average of $860, yet residents earn significantly less.

Mid-range rents, lower incomes

Hardeman's $818 rent sits between Hancock County ($592) and Hamilton County ($1,163), but household income ($46,173) falls well below Hamilton ($72,568) and Hawkins ($55,278). This combination creates the affordability squeeze.

Tight margins for renters and owners

Renters spend $818 monthly while homeowners pay $748—a narrow $70 gap on a median income of $3,848. Both leave households with barely $3,000 for all other expenses after housing.

Location matters more than rent cost

Hardeman's moderate rents mask weak income growth, making relocation here risky without confirmed employment. Compare job markets and wages in Hardeman against higher-cost neighbors like Hamilton before deciding housing affordability alone is worth the trade-off.

Affordability Calculator

See how your income compares to housing costs in Hardeman County

Your Annual Household Income

Rent Burden

21.3%

of gross income

Max Housing (28% Rule)

$1,077

per month

Owner Cost Burden

19.4%

of gross income

You can likely afford the median home in Hardeman County

Median home value is $116,800. Estimated monthly cost: $932 vs. your max of $1,077.

Rent Affordability Guide

Your rent-to-income ratio21.3%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Hardeman County, Tennessee?

Hardeman County, Tennessee has a median monthly rent of $818/mo and a median home value of $116,800. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.

What is the median rent in Hardeman County?

The median gross rent in Hardeman County is $818/mo. This is 5% below state average for Tennessee.

Is Hardeman County affordable?

Hardeman County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Hardeman County's rent compare to the state average?

Hardeman County's median rent of $818/mo is 5% below state average of $860/mo for Tennessee.

What is the median home value in Hardeman County?

The median home value in Hardeman County, Tennessee is $116,800. This is 59% below the national median home value of $281,900.