Quick facts: Lewisburg, TN

Quick Facts

99.5
Cost of Living
below US average
12,786
Population
25.18
Crime Rate per 1000
above US average
$45,938
Median Income
below US average
$319,000
Median House Price
above US average
$2140.71
Average Rent
above US average
10%
Poverty Rate
below US average
3.2%
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 $45,938.

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Income Needed to Buy

βœ— Stretch
$100k/year
Based on $319,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $100k vs median $45,938
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Income Needed to Rent

⚠ Stretch
$92k/year
Based on $2140.71/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $92k vs median $45,938
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Lewisburg, TN

Lewisburg is a charming city located in Marshall County, Tennessee, known for its rich history and southern hospitality. Founded in the early 19th century, the city has preserved much of its historic charm, showcasing a mix of antique shops, quaint cafes, and local businesses along its downtown streets. The community is proud of its annual events, such as the Marshall County BBQ Festival, which draws in visitors and celebrates the region’s culinary delights. The city is surrounded by scenic landscapes featuring rolling hills and lush greenery, making it a picturesque spot for outdoor activities like hiking and fishing. Lewisburg is conveniently situated between larger cities, providing residents with easy access to urban amenities while maintaining a small-town feel. Home to a diverse population, Lewisburg is also known for its vibrant arts scene and historical landmarks, including the Old Marshall County Courthouse and the Lewisburg Historic District. The economy is supported by local industries, agriculture, and a growing interest in tourism, making it a remarkable place to live and visit in Middle Tennessee.

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