Cost of Living in Scott County, Tennessee

$691/mo
Median Monthly Rent
$116,800
Median Home Value
20% below state averageUnaffordable

At a Glance

Median Monthly Rent
$691/mo
20% below state average
Median Home Value
$116,800
59% below national
Rent-to-Income Ratio
26.0%
% 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 Scott County Compares

Median monthly rent comparison

Scott County$691/mo
Tennessee Average$860/mo
National Median$1,163/mo

Detailed Housing Stats

$691/mo
Median Gross Rent
$116,800
Median Home Value
$499/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Scott County, Tennessee

Scott County offers cheap housing, tight budgets

Scott County's 19.4% rent-to-income ratio exceeds national norms despite its bargain-basement rent of $691 monthly, revealing a fundamental challenge: the county's median household income of just $42,679 ranks far below the national average of $74,755. Lower rents can't offset significantly lower wages.

Scott ranks low on both income and affordability

Scott County's 19.4% rent-to-income ratio slightly exceeds Tennessee's 17.6% state average, and its median household income of $42,679 falls roughly $20,000 below the state's economic center. The county represents Tennessee's economic margin, where affordable housing meets limited earning potential.

Scott's cheapest housing reflects its challenges

Scott County's $691 rent is Tennessee's lowest among these eight counties, undercutting Roane County's $767 by $76 monthly, yet the county's median income of $42,679 trails all peers by thousands. Cheap housing masks deeper economic constraints limiting household purchasing power.

Low income makes even cheap rent a strain

Scott residents spend 19.4% of their $42,679 median income on rent despite the county's $691 monthly average, while ownership costs of $499 remain modest in dollar terms but substantial as a percentage of earnings. The $116,800 median home value offers accessibility, but limited income constrains household wealth accumulation.

Scott suits those prioritizing lowest dollar costs

Scott County's appeal lies in absolute affordability—rent under $700 and homes near $117,000—making it attractive for retirees on fixed incomes or remote workers whose earnings don't depend on local opportunity. If your income flows from outside the county, Scott's low costs stretch your budget further than anywhere else in this region.

Affordability Calculator

See how your income compares to housing costs in Scott County

$

Rent Burden

19.4%

of gross income

Max Housing (28% Rule)

$996

per month

Owner Cost Burden

14.0%

of gross income

You can likely afford the median home in Scott County

Median home value is $116,800. Estimated monthly cost: $932 vs. your max of $996.

Rent Affordability Guide

Your rent-to-income ratio19.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Scott County, Tennessee?
Scott County, Tennessee has a median monthly rent of $691/mo and a median home value of $116,800. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Scott County?
The median gross rent in Scott County is $691/mo. This is 20% below state average for Tennessee.
Is Scott County affordable?
Scott County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Scott County's rent compare to the state average?
Scott County's median rent of $691/mo is 20% below state average of $860/mo for Tennessee.
What is the median home value in Scott County?
The median home value in Scott County, Tennessee is $116,800. This is 59% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Scott County, Tennessee? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Scott County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.