Quick facts: Brighton, TN

Quick Facts

99.5
Cost of Living
below US average
2,881
Population
9.37
Crime Rate per 1000
below US average
$76,202
Median Income
below US average
$289,000
Median House Price
above US average
$1895.0
Average Rent
above US average
Poverty rate Data is updating, will be available soon
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $76,202.

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Income Needed to Buy

βœ— Stretch
$91k/year
Based on $289,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $91k vs median $76,202
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Income Needed to Rent

⚠ Stretch
$81k/year
Based on $1895.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $81k vs median $76,202
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Brighton, TN

Brighton is a city located in Tipton County, Tennessee, known for its small-town charm and Southern hospitality. Situated approximately 30 miles north of Memphis, Brighton offers a peaceful retreat while still providing access to the urban amenities of the larger city. The area is characterized by its picturesque landscapes, including beautiful parks and open spaces that offer recreational opportunities for residents and visitors alike. The city has a rich history, with roots dating back to the early 19th century. Brighton features a close-knit community atmosphere, where local events and gatherings foster connections among residents. The city is primarily residential, with a mix of family homes and some commercial development. Brighton is served by the Brighton City Schools district, which includes an elementary and middle school. The local government is committed to preserving the quality of life for its residents, focusing on community development and infrastructure improvements. Overall, Brighton, TN, is an appealing destination for those seeking a tranquil lifestyle while being in proximity to the bustling city of Memphis.

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