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Affordable
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These days, finding an affordable place to live in the Madie area can be challenging. Home prices in Madie are now at a median cost of $127,100, lower than the Tennessee average of $315,131.
The average cost of rent is $433/mo in Madie, primarily driven by the current value of real estate in the Madie area. In Madie, 27.98% of households rent, and 47.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Madie is $6,042 per month. Households that rent pay about 7.17% of their income on rent here. Madie’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ridgely, TN: less expensive homes
- Wynnburg, TN: higher priced homes
- Owl City, TN: higher priced homes
- Lake Drive, TN: higher priced homes
- Tiptonville, TN: less expensive homes
- Bogota, TN: higher priced homes
- Lane, TN: higher priced homes
- Cloverdale, TN: equally priced homes
- Hornbeak, TN: less expensive homes
- Samburg, TN: less expensive homes
Cities with Similar Populations
- East Quilcene, WA: higher priced homes
- Eckerman, MI: higher priced homes
- Echo, PA: higher priced homes
- Eberton, DE: higher priced homes
- Easton, WI: higher priced homes
- Easton, LA: equally priced homes
- East Waterford, ME: higher priced homes
- East Union, ME: higher priced homes
- East Thermopolis, WY: higher priced homes
- East Salem, PA: higher priced homes
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