Quick facts: Hohenwald, TN

Quick Facts

99.5
Cost of Living
below US average
3,849
Population
20.52
Crime Rate per 1000
below US average
$36,523
Median Income
below US average
$259,900
Median House Price
above US average
$1500.0
Average Rent
above US average
16%
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 $36,523.

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Income Needed to Buy

βœ— Stretch
$82k/year
Based on $259,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $82k vs median $36,523
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Income Needed to Rent

⚠ Stretch
$64k/year
Based on $1500.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $64k vs median $36,523
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Hohenwald, TN

Hohenwald is a small yet charming city located in Lewis County, Tennessee. Known for its rich history and picturesque landscapes, Hohenwald serves as a gateway to the nearby Natchez Trace Parkway, a scenic byway that draws nature enthusiasts and road-trippers alike. With a population of around 4,000 residents, this tight-knit community is characterized by its friendly atmosphere and Southern hospitality. Founded in the 19th century, Hohenwald boasts a quaint downtown area featuring unique shops, local restaurants, and historic buildings. The city is also home to the Lewis County Museum, which showcases the region's local history and heritage. Outdoor lovers can enjoy various recreational activities, such as hiking, fishing, and camping in nearby parks and wildlife areas. Hohenwald is also recognized for being the headquarters of the Service Animal Registry and has a significant connection to the training of service animals. Overall, Hohenwald is a delightful destination that combines small-town charm with access to natural beauty, making it an appealing place for both residents and visitors.

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