Quick facts: Puryear, TN

Quick Facts

99.5
Cost of Living
below US average
705
Population
2.84
Crime Rate per 1000
below US average
$42,857
Median Income
below US average
$449,000
Median House Price
above US average
$1602
Average Rent
above US average
9%
Poverty Rate
below US average
3.1%
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 $42,857.

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Income Needed to Buy

βœ— Stretch
$141k/year
Based on $449,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $141k vs median $42,857
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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 $42,857
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Puryear, TN

Puryear is a small, charming town located in Weakley County, Tennessee. Known for its friendly community and a tranquil atmosphere, Puryear offers a glimpse into rural Southern life. The town is primarily residential, characterized by its quaint houses and expansive agricultural lands, reflecting the area's agricultural roots. Puryear is situated near the Kentucky state line and is conveniently accessible via U.S. Route 45, making it a decent spot for those commuting to larger towns for work or leisure. The nearby city of Martin offers more amenities, including shopping, dining, and recreational activities. Outdoor enthusiasts appreciate the surrounding landscapes, with opportunities for fishing, hiking, and exploring nature. The local community often comes together for events and gatherings, showcasing the strong sense of neighborliness. Overall, Puryear embodies the peaceful lifestyle of small-town America, making it an ideal place for individuals and families looking to escape the hustle and bustle of larger cities.

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