Cost of Living in Perry County, Tennessee
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Perry County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Perry County ranks #123 of 3,144 counties for affordability (top 4%)
Data Story
About Cost of Living in Perry County, Tennessee
Perry County sits near Tennessee's affordability average
Perry County's 17.8% rent-to-income ratio sits just above Tennessee's state average of 17.6%, reflecting moderate housing affordability challenges relative to national norms. With median household income at $50,489 and median rent at $747 monthly, Perry County renters experience affordability stress comparable to the state baseline.
Mid-range affordability within the state
Perry County ranks in Tennessee's middle tier for housing affordability, with a rent-to-income ratio marginally above the state average. The county's lower-than-state median income places additional pressure on household budgets despite modestly priced rentals.
Among region's more affordable rental options
Perry County's $747 median rent is competitive with Morgan County ($742) and undercuts Overton County ($833) and Putnam County ($881) in the surrounding region. The county offers mid-range affordability for renters prioritizing housing cost control.
Rent claims 17.8% of median income
Perry County renters spend $747 monthly—17.8% of the median household income of $50,489—positioning housing costs near state averages. Homeowners enjoy reasonable costs at $505 monthly on the state's lowest median home values at $113,800, creating accessible homeownership pathways.
Perry County appeals to budget-conscious homebuyers
Relocating families should note Perry County's low median home values ($113,800) paired with manageable ownership costs, making the county attractive for first-time buyers. Renters should compare this county's rental costs against nearby alternatives before committing to the move.
Cost of Living Advisory: Perry County
Affordability Verdict
Housing in Perry County is affordable. The median rent is $747/month against a median household income of $50,489, putting rent at 17.8% of income.
Rent vs. Own
The median rent in Perry County is $747/month, while owner costs run $505/month. Owning saves approximately $242/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,880/year. For owner costs at the 28% rule, the required income is roughly $21,643/year. With a median household income of $50,489, most households can comfortably afford rent here. Notably, 24.0% of renter households in Perry County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Tennessee, Perry County is more affordable than Scott County by roughly 8% ($747/mo vs $691/mo).
Affordability Calculator
See how your income compares to housing costs in Perry County
Rent Burden
17.8%
of gross income
Max Housing (28% Rule)
$1,178
per month
Owner Cost Burden
12.0%
of gross income
You can likely afford the median home in Perry County
Median home value is $113,800. Estimated monthly cost: $909 vs. your max of $1,178.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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
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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.
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