Quick facts: Westmoreland, TN

Quick Facts

99.5
Cost of Living
below US average
2,757
Population
4.35
Crime Rate per 1000
below US average
$58,194
Median Income
below US average
$299,900
Median House Price
above US average
$1150.0
Average Rent
below US average
8%
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 $58,194.

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Income Needed to Buy

βœ— Stretch
$94k/year
Based on $299,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $94k vs median $58,194
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Income Needed to Rent

βœ“ Affordable
$49k/year
Based on $1150.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($58,194) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Westmoreland, TN

Westmoreland is a quaint city located in Sumner County, Tennessee, nestled in the picturesque rolling hills of Middle Tennessee. Known for its serene atmosphere and welcoming community, Westmoreland has a population of around 2,000 residents, making it a tight-knit and friendly rural area. The city features a charming downtown with local shops, eateries, and community events, fostering a small-town feel that residents cherish. Westmoreland is also surrounded by natural beauty, offering opportunities for outdoor activities such as fishing, hiking, and boating, particularly at nearby Old Hickory Lake. Westmoreland celebrates its rich heritage, hosting annual events like the Westmoreland Harvest Festival, which showcases local crafts, food, and entertainment. The city is served by the Sumner County School District, providing educational opportunities for families. Located about 50 miles northeast of Nashville, Westmoreland offers a peaceful escape from the hustle and bustle of city life while remaining conveniently close to urban amenities. This makes it an attractive place for those seeking a quieter lifestyle with access to the cultural offerings of a larger city.

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