Quick facts: Charlotte, TN

Quick Facts

99.5
Cost of Living
below US average
1,674
Population
26.88
Crime Rate per 1000
above US average
$57,188
Median Income
below US average
$379,900
Median House Price
above US average
$1950.0
Average Rent
above US average
14%
Poverty Rate
above US average
4.3%
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 $57,188.

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Income Needed to Buy

βœ— Stretch
$119k/year
Based on $379,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $119k vs median $57,188
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Income Needed to Rent

⚠ Stretch
$84k/year
Based on $1950.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $84k vs median $57,188
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Charlotte, TN

Charlotte, Tennessee, located in Dickson County, is a small yet charming town known for its friendly community and rural atmosphere. Situated approximately 40 miles west of Nashville, it offers a peaceful escape from the hustle and bustle of urban life while still being close enough to access the amenities of a major city. The town has a rich history, with roots that date back to the early 19th century, and maintains a quaint downtown area with local shops and restaurants. Outdoor enthusiasts will appreciate the surrounding natural beauty, including parks and recreational areas such as the nearby Montgomery Bell State Park, which offers hiking, fishing, and camping opportunities. Charlotte is also home to the annual Dickson County Fair, which showcases local agriculture, crafts, and entertainment, fostering a sense of community and tradition. With a population that values family and community, Charlotte provides a welcoming atmosphere for residents and visitors alike, making it a delightful place to explore or call home. Its combination of rural charm and proximity to Nashville makes it an appealing location for those seeking a quieter lifestyle with access to city conveniences.

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