Quick facts: Dayton, TN

Quick Facts

99.5
Cost of Living
below US average
7,347
Population
23.14
Crime Rate per 1000
above US average
$54,511
Median Income
below US average
$289,000
Median House Price
above US average
$1600.0
Average Rent
above US average
15%
Poverty Rate
above US average
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 $54,511.

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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 $54,511
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Income Needed to Rent

⚠ Stretch
$69k/year
Based on $1600.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $69k vs median $54,511
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Dayton, TN

Dayton, located in Rhea County, Tennessee, is a small city known for its rich history and natural beauty. Nestled between the scenic landscapes of the Tennessee River and the picturesque Appalachian Mountains, Dayton is about 30 miles northeast of Chattanooga. The city is best known for the famous Scopes "Monkey" Trial of 1925, which brought national attention to the debate over evolution and education. Today, Dayton is a charming community that blends the past with modern living. Visitors can explore local attractions such as the Bryan College, a private Christian institution, and the nearby Reflecting Pool, a serene spot perfect for picnicking. Outdoor enthusiasts can enjoy recreational activities at the nearby Chickamauga Lake and the many hiking trails in the surrounding hills. Dayton hosts several annual events, celebrating its heritage and community spirit, such as the Dayton Pumpkin Festival, drawing locals and tourists alike. With its friendly atmosphere, historic significance, and access to beautiful natural landscapes, Dayton, TN offers a quaint yet vibrant lifestyle.

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