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Affordable
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These days, finding an affordable place to live in the Taft area can be challenging. Home prices in Taft are now at a median cost of $239,933, lower than the Tennessee average of $315,131.
The average cost of rent is $868/mo in Taft, primarily driven by the current value of real estate in the Taft area. In Taft, 16.98% of households rent, and 52.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Taft is $6,020 per month. Households that rent pay about 14.42% of their income on rent here. Taft’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Coldwater, TN: higher priced homes
- Ardmore, TN: equally priced homes
- Pearl City, TN: higher priced homes
- Ardmore, AL: equally priced homes
- Hazel Green, AL: less expensive homes
- Dellrose, TN: higher priced homes
- Fayetteville, TN: equally priced homes
- Baugh, TN: equally priced homes
- Holland Gin, AL: equally priced homes
- Elkmont Springs, TN: equally priced homes
Cities with Similar Populations
- Rockville, MN: higher priced homes
- Glide, OR: higher priced homes
- Hebron, IL: higher priced homes
- Hernando Beach, FL: higher priced homes
- Alba, TX: equally priced homes
- Lakeside, MT: higher priced homes
- Litchfield, ME: equally priced homes
- Marissa, IL: less expensive homes
- New Durham, NH: higher priced homes
- North Rock Springs, WY: higher priced homes
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