Cost of Living in Hickman County, Tennessee

$877/mo

Median Monthly Rent

$192,000

Median Home Value

2% above state averageUnaffordable

At a Glance

Median Monthly Rent

$877/mo

2% above state average

Median Home Value

$192,000

32% 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 Hickman County Compares

Median monthly rent comparison

Hickman County$877/mo

Tennessee Average$860/mo

National Median$1,163/mo

Detailed Housing Stats

$877/mo

Median Gross Rent

$192,000

Median Home Value

$778/mo

Monthly Owner Cost

27.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Hickman County, Tennessee

Hickman rents track above national typical

Hickman County residents spend 18.4% of household income on rent, outpacing the national median of around 17%. At a median household income of $57,223—well below the national average of $74,755—the county's rent burden reflects both lower wages and mid-range housing costs that strain local wallets.

Slightly above Tennessee's affordability average

Hickman's 18.4% rent-to-income ratio sits marginally above Tennessee's state average of 17.6%, placing it in the middle tier of county affordability statewide. The median rent of $877 is $17 higher than the state average, despite income levels notably below state norms.

Less affordable than adjacent rural counties

Hickman faces higher housing costs relative to neighbors like Houston County (15.1% rent-to-income ratio) and Johnson County (14.7%), though rents are more modest than in nearby Jefferson County ($880/month vs. Hickman's $877). Renters in Hickman pay a steeper share of income for housing than most surrounding rural areas.

Rent and homeownership split the burden

Renters in Hickman dedicate 18.4% of the $57,223 median income to monthly rent ($877), while homeowners invest 16.3% toward mortgage and owner costs ($778/month). The median home value of $192,000 remains accessible but still represents 40% of annual household income.

Hickman offers moderate rural housing costs

If you're relocating from higher-cost urban areas, Hickman's $877 median rent and $192,000 median home value present a moderate savings opportunity. Compare these figures against peers like Houston County or Johnson County to find your best fit within Tennessee's affordable rural tier.

Affordability Calculator

See how your income compares to housing costs in Hickman County

Your Annual Household Income

Rent Burden

18.4%

of gross income

Max Housing (28% Rule)

$1,335

per month

Owner Cost Burden

16.3%

of gross income

The median home in Hickman County may be a stretch

Median home value is $192,000. Estimated monthly cost: $1,533 vs. your max of $1,335.

Rent Affordability Guide

Your rent-to-income ratio18.4%

Recommended max30.0%

Frequently Asked Questions

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

Hickman County, Tennessee has a median monthly rent of $877/mo and a median home value of $192,000. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.

What is the median rent in Hickman County?

The median gross rent in Hickman County is $877/mo. This is 2% above state average for Tennessee.

Is Hickman County affordable?

Hickman 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 Hickman County's rent compare to the state average?

Hickman County's median rent of $877/mo is 2% above state average of $860/mo for Tennessee.

What is the median home value in Hickman County?

The median home value in Hickman County, Tennessee is $192,000. This is 32% below the national median home value of $281,900.