CostBy County

Cost of Living in Jefferson County, Tennessee

$904/mo
Median Monthly Rent
$229,300
Median Home Value

At a Glance

Median Monthly Rent
$904/mo
1% above state average
Median Home Value
$229,300
31% below national
Census GRAPI
24.5%
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 Jefferson County Compares

Median monthly rent comparison

Jefferson County$904/mo
Tennessee Average$893/mo
National Median$1,413/mo

Detailed Housing Stats

$904/mo
Median Gross Rent
$229,300
Median Home Value
$758/mo
Monthly Owner Cost
24.5%
Census GRAPI

National Ranking

Affordability Rank

Jefferson County ranks #1,491 of 3,142 counties for affordability (top 47%)

Most AffordableLeast Affordable

Sourced county brief

Jefferson County Median Gross Rent Reaches 904 Dollars Monthly

The median gross rent in Jefferson County is $904 per month, an amount that is $11 above the Tennessee unweighted county mean of $893. The official median gross rent as a percentage of household income (GRAPI) is 24.5 percent, which is 2.4 percentage points below the state unweighted county mean of 26.9 percent for that same metric. Median renter-household income for the county was reported at $44,453. In terms of homeownership, the median home value is $229,300, while the Tennessee unweighted county mean for home values is $223,385. Additionally, the median selected monthly owner cost for all owner-occupied units was estimated at $758, compared to the Tennessee unweighted county mean of $788. These statistics represent the ACS five-year snapshot of the area's housing expenses. See ACS table B25064 for the underlying estimate.

Cost of Living Advisory: Jefferson County

Affordability Verdict

ACS B25071 estimates median gross rent at 24.5% of renter household income in Jefferson 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 $904 per month; median selected monthly owner costs are $758. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $36,160 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. Jefferson County's $904 median is 1.3% above that comparison value.

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

Affordability Calculator

See how your income compares to housing costs in Jefferson County

$

Rent Burden

16.4%

of gross income

Max Housing (28% Rule)

$1,543

per month

Owner Cost Burden

13.8%

of gross income

The median home in Jefferson County may be a stretch

Median home value is $229,300. Estimated monthly cost: $1,831 vs. your max of $1,543.

Rent Affordability Guide

Your entered rent as a share of entered income16.4%
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: $66,114Needed: $36,160
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $66,114Needed: $32,486
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $66,114Needed: $53,364

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 Jefferson County, Tennessee?
Jefferson County, Tennessee has a median monthly rent of $904/mo and a median home value of $229,300. The affordability rating is Affordable, with median gross rent equal to approximately 24.5% of renter household income.
What is the median rent in Jefferson County?
The median gross rent in Jefferson County is $904/mo. This is 1% above state average for Tennessee.
Is Jefferson County affordable?
Jefferson County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 24.5%. Median gross rent is under 30% of renter household income.
How does Jefferson County's rent compare to the state average?
Jefferson County's median rent of $904/mo is 1% above state average of $893/mo for Tennessee.
What is the median home value in Jefferson County?
The median home value in Jefferson County, Tennessee is $229,300. This is 31% 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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