CostBy County

Cost of Living in Hickman County, Tennessee

$893/mo
Median Monthly Rent
$224,100
Median Home Value

At a Glance

Median Monthly Rent
$893/mo
At state average
Median Home Value
$224,100
33% below national
Census GRAPI
24.3%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

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 Hickman County Compares

Median monthly rent comparison

Hickman County$893/mo
Tennessee Average$893/mo
National Median$1,413/mo

Detailed Housing Stats

$893/mo
Median Gross Rent
$224,100
Median Home Value
$797/mo
Monthly Owner Cost
24.3%
Census GRAPI

National Ranking

Affordability Rank

Hickman County ranks #1,544 of 3,142 counties for affordability (top 49%)

Most AffordableLeast Affordable

Sourced county brief

Hickman County Median Gross Rent Matches State Unweighted County Mean

In Hickman County, the median gross rent was estimated at $893 per month, an amount that matches the state unweighted county mean rent exactly. The official GRAPI, which measures median gross rent as a percentage of household income (ACS B25071), was 24.3%. This is 2.6 percentage points below the Tennessee unweighted county mean official GRAPI of 26.9%. For owner-occupied housing, the median selected monthly owner cost was $797, which is $9 above the state unweighted county mean of $788. The median home value in the county was $224,100, differing from the state unweighted county mean home value of $223,385 by $715. Renter-household median income for the period was $43,654. These figures provide a statistical snapshot of the county's housing costs as reported in the 5-year estimates and do not represent relocation or investment advice. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Hickman County

Affordability Verdict

ACS B25071 estimates median gross rent at 24.3% of renter household income in Hickman 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 $893 per month; median selected monthly owner costs are $797. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $35,720 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. Hickman County's $893 median is 0.0% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Hickman County

$

Rent Burden

15.7%

of gross income

Max Housing (28% Rule)

$1,592

per month

Owner Cost Burden

14.0%

of gross income

The median home in Hickman County may be a stretch

Median home value is $224,100. Estimated monthly cost: $1,789 vs. your max of $1,592.

Rent Affordability Guide

Your entered rent as a share of entered income15.7%
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: $68,247Needed: $35,720
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,247Needed: $34,157
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,247Needed: $52,154

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 Hickman County, Tennessee?
Hickman County, Tennessee has a median monthly rent of $893/mo and a median home value of $224,100. The affordability rating is Affordable, with median gross rent equal to approximately 24.3% of renter household income.
What is the median rent in Hickman County?
The median gross rent in Hickman County is $893/mo. This is At state average for Tennessee.
Is Hickman County affordable?
Hickman County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 24.3%. Median gross rent is under 30% of renter household income.
How does Hickman County's rent compare to the state average?
Hickman County's median rent of $893/mo is At state average of $893/mo for Tennessee.
What is the median home value in Hickman County?
The median home value in Hickman County, Tennessee is $224,100. This is 33% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: 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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