Quick facts: Guys, TN

Quick Facts

99.5
Cost of Living
below US average
418
Population
11.96
Crime Rate per 1000
below US average
$41,563
Median Income
below US average
$335,000
Median House Price
above US average
$1602
Average Rent
above US average
12%
Poverty Rate
above US average
5.2%
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 $41,563.

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Income Needed to Buy

βœ— Stretch
$105k/year
Based on $335,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $105k vs median $41,563
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Income Needed to Rent

⚠ Stretch
$69k/year
Based on $1602/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $69k vs median $41,563
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Guys, TN

Guys is a small community located within the state of Tennessee. It falls under the purview of Weakley County and is a part of the larger rural landscape of West Tennessee. While it may not have the bustling atmosphere of larger cities, Guys offers a serene, close-knit environment characterized by agriculture and the picturesque scenery of the Tennessee countryside. The area is primarily residential, and you'll find a variety of outdoor activities to enjoy, including hiking, fishing, and exploring local parks. The town is influenced by its proximity to larger cities, such as Martin and Dresden, which provide additional amenities and services. Residents appreciate the slower pace of life, making it an attractive spot for those looking to escape the hustle and bustle of city living. With a rich history and a strong sense of community, Guys embodies the charm of small-town America, ideal for families and individuals who value connection and tranquility.

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