Quick facts: Bristol, TN

Quick Facts

99.5
Cost of Living
below US average
27,705
Population
28.15
Crime Rate per 1000
above US average
$49,130
Median Income
below US average
$249,900
Median House Price
above US average
$1565.36
Average Rent
above US average
14%
Poverty Rate
above US average
4.2%
Unemployment Rate
above 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 $49,130.

🏠

Income Needed to Buy

βœ— Stretch
$78k/year
Based on $249,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $78k vs median $49,130
🏒

Income Needed to Rent

⚠ Stretch
$67k/year
Based on $1565.36/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $67k vs median $49,130
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bristol, TN

Bristol, Tennessee, straddling the Virginia state line, is a charming city known for its rich musical heritage and vibrant community. With a population of around 27,000, Bristol is often celebrated as the "Birthplace of Country Music." The city hosts the annual Bristol Rhythm & Roots Reunion, showcasing both emerging and established artists. The downtown area features a variety of shops, restaurants, and historic buildings, contributing to its inviting atmosphere. Notably, State Street runs along the border with Virginia, where you can literally stand in two states at once. Outdoor enthusiasts can enjoy activities at places like Steele Creek Park, offering scenic views, hiking trails, and fishing opportunities. Additionally, Bristol Motor Speedway, a prominent NASCAR venue, attracts fans from all over the country for exciting racing events. History buffs can explore local museums, such as the Birthplace of Country Music Museum, which highlights the region's musical legacy. Overall, Bristol, TN, combines Southern charm, exciting events, and a strong sense of community, making it a unique destination in the Appalachian region.

πŸ” Search & Compare Places

First Location πŸ“