Cost of Living in Marion County, Tennessee
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Marion County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Marion County, Tennessee
Marion delivers balanced affordability below national standard
Marion County's rent-to-income ratio of 17.4% sits slightly below Tennessee's 17.6% state average and favorably compared to national norms. With a median household income of $58,103 and rent of $840 monthly, residents achieve reasonable housing security despite earnings far below the national $74,755 median.
Solid affordability, slightly above state average
Marion ranks slightly better than the state average for housing affordability, with a rent-to-income ratio of 17.4% that undercuts Tennessee's 17.6% benchmark. The county's $840 monthly rent runs just $20 below the state average, reflecting its position as a stable, affordable option.
Mid-tier pricing with modest property values
Marion's $840 rent falls between the rural bargains ($735) and wealthier markets ($995), while the median home value of $173,600 remains modest compared to northern peers. The county offers consistent, unspectacular housing costs—neither a bargain nor a burden.
Ownership costs notably lower than rents
Renters pay $840 monthly while homeowners spend just $702—a striking $138 monthly advantage for ownership that translates to nearly $1,700 annually in savings. This 17.4% rent burden versus 14.5% ownership burden strongly favors those able to purchase property.
Renter-friendly with ownership upside
Marion County offers fair rental affordability alongside surprisingly affordable homeownership, making it accessible for renters considering the transition. If you're exploring relocation, Marion's ownership cost advantage over rents deserves serious consideration in your financial planning.
Affordability Calculator
See how your income compares to housing costs in Marion County
Rent Burden
17.3%
of gross income
Max Housing (28% Rule)
$1,356
per month
Owner Cost Burden
14.5%
of gross income
The median home in Marion County may be a stretch
Median home value is $173,600. Estimated monthly cost: $1,386 vs. your max of $1,356.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.