Quick facts: Hendersonville, TN

Quick Facts

102.5
Cost of Living
above US average
62,896
Population
9.65
Crime Rate per 1000
below US average
$86,954
Median Income
above US average
$565,000
Median House Price
above US average
$2379.24
Average Rent
above US average
5%
Poverty Rate
below US average
2.8%
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 $86,954.

🏠

Income Needed to Buy

βœ— Stretch
$177k/year
Based on $565,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $177k vs median $86,954
🏒

Income Needed to Rent

⚠ Stretch
$102k/year
Based on $2379.24/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $102k vs median $86,954
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Hendersonville, TN

Hendersonville, located in Sumner County, Tennessee, is a charming city situated just northeast of Nashville. With a population of around 60,000 residents, it is known for its picturesque lakeside views along Old Hickory Lake and its vibrant community. Hendersonville boasts a rich history, originally established in the 19th century, and was popularized as a summer resort destination. The city features a variety of parks and recreational opportunities, including the expansive Drakes Creek Park and the scenic parks along the lake, perfect for boating, fishing, and picnicking. Hendersonville is also home to a diverse array of shopping, dining, and entertainment options, providing a comfortable suburban lifestyle while still being close to the amenities of Nashville. Additionally, Hendersonville has a strong sense of community, with numerous annual events that foster local engagement, such as the Hendersonville Strawberry Festival. The city is served by a well-regarded public school system and offers a range of housing options, making it an attractive place for families and individuals looking for a balance of tranquility and accessibility to urban life.

πŸ” Search & Compare Places

First Location πŸ“