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These days, finding an affordable place to live in the Routon area can be challenging. Home prices in Routon are now at a median cost of $108,970, lower than the Tennessee average of $315,131.
The average cost of rent is $701/mo in Routon, primarily driven by the current value of real estate in the Routon area. In Routon, 29.46% of households rent, and 56.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Routon is $3,563 per month. Households that rent pay about 19.67% of their income on rent here. Routon’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Henry, TN: equally priced homes
- Elkhorn, TN: higher priced homes
- Van Dyke, TN: higher priced homes
- Paris, TN: higher priced homes
- Osage, TN: higher priced homes
- Mansfield, TN: equally priced homes
- Mixie, TN: higher priced homes
- Tumbling, TN: higher priced homes
- Macedonia, TN: higher priced homes
- Whitlock, TN: higher priced homes
Cities with Similar Populations
- Jordan, MO: higher priced homes
- Wellington, IL: higher priced homes
- Welty, OK: higher priced homes
- West Alton, MO: higher priced homes
- West Cameron, PA: less expensive homes
- West Franklin, ME: higher priced homes
- West Franklin, PA: higher priced homes
- West Point, AR: less expensive homes
- Lanesboro, IA: higher priced homes
- West Point, IL: equally priced homes
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