Quick facts: Huntland, TN

Quick Facts

99.5
Cost of Living
below US average
901
Population
33.3
Crime Rate per 1000
above US average
$62,778
Median Income
below US average
$250,000
Median House Price
above US average
$1100.0
Average Rent
below US average
10%
Poverty Rate
below 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 $62,778.

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Income Needed to Buy

βœ— Stretch
$78k/year
Based on $250,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $78k vs median $62,778
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Income Needed to Rent

βœ“ Affordable
$47k/year
Based on $1100.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($62,778) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Huntland, TN

Huntland is a small town located in Franklin County, Tennessee. It has a close-knit community atmosphere, with a population of just over 1,000 residents. Nestled in the picturesque Appalachian foothills, Huntland offers a blend of rural charm and scenic beauty. The town is primarily residential, with a few local businesses that cater to the needs of its residents. The area is known for its outdoor activities, including hiking and fishing, thanks to its proximity to the nearby Lynchburg and Monteagle regions. Huntland is also conveniently located near the larger city of Winchester, which provides additional amenities and services. The town celebrates its culture and heritage through various local events and gatherings, fostering community spirit. Huntland is served by the Huntland School District, which includes elementary, middle, and high school options for families in the area. Overall, Huntland offers a peaceful and friendly environment, ideal for those looking to enjoy the tranquility of rural Tennessee living.

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