Quick facts: Clarksville, TN

Quick Facts

92.5
Cost of Living
below US average
176,974
Population
24.66
Crime Rate per 1000
above US average
$62,688
Median Income
below US average
$329,461
Median House Price
above US average
$1525.97
Average Rent
above US average
12%
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 $62,688.

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Income Needed to Buy

βœ— Stretch
$103k/year
Based on $329,461 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $103k vs median $62,688
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Income Needed to Rent

⚠ Stretch
$65k/year
Based on $1525.97/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $65k vs median $62,688
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Clarksville, TN

Clarksville, Tennessee, located in the northwestern part of the state, is the fifth-largest city in Tennessee and the county seat of Montgomery County. Nestled along the Cumberland River, it boasts a rich history dating back to its founding in 1784. The city is known for its vibrant community and diverse culture, heavily influenced by the presence of Fort Campbell, a military installation that contributes to the local economy and population. Outdoor enthusiasts can explore the scenic trails at Dunbar Cave State Park, or enjoy recreational activities at the nearby Kentucky Lake. Clarksville’s historic downtown offers a charming atmosphere with unique shops, restaurants, and cultural venues like the Customs House Museum & Cultural Center, which showcases local art and history. The annual Rivers and Spires Festival celebrates the city’s heritage with music, food, and art, bringing the community together. With a growing population and expanding economy, Clarksville also offers quality education through local schools and Austin Peay State University, making it an attractive place for families and professionals alike. Overall, Clarksville combines Southern charm with modern amenities, making it a desirable location to live and visit.

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