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These days, finding an affordable place to live in the Pinewood area can be challenging. Home prices in Pinewood are now at a median cost of $213,366, lower than the Tennessee average of $315,131.
The average cost of rent is $1,279/mo in Pinewood, primarily driven by the current value of real estate in the Pinewood area. In Pinewood, 14.45% of households rent, and 42.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pinewood is $5,753 per month. Households that rent pay about 22.24% of their income on rent here. Pinewood’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Nunnelly, TN: equally priced homes
- Spot, TN: less expensive homes
- Wrigley, TN: higher priced homes
- Pomona, TN: higher priced homes
- Eno, TN: higher priced homes
- Lyles, TN: higher priced homes
- Poplar Grove, TN: equally priced homes
- Tidwell, TN: higher priced homes
- Vernon, TN: less expensive homes
- Dickson, TN: higher priced homes
Cities with Similar Populations
- Watkins, IA: equally priced homes
- Drake, ND: less expensive homes
- Dumont, MN: less expensive homes
- Dunbar, NE: higher priced homes
- Dutch Flat, CA: higher priced homes
- Eagletown, NC: less expensive homes
- East Arlington, VT: higher priced homes
- Valentines, VA: higher priced homes
- Walnut Grove, OH: higher priced homes
- Walnut, NC: higher priced homes
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