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Affordable
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These days, finding an affordable place to live in the Talbott area can be challenging. Home prices in Talbott are now at a median cost of $224,491, lower than the Tennessee average of $315,131.
The average cost of rent is $985/mo in Talbott, primarily driven by the current value of real estate in the Talbott area. In Talbott, 15.84% of households rent, and 51.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Talbott is $6,553 per month. Households that rent pay about 15.03% of their income on rent here. Talbott’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jefferson City, TN: equally priced homes
- Wa-Ni Village, TN: higher priced homes
- Mill Spring, TN: less expensive homes
- Morristown, TN: equally priced homes
- Rutledge, TN: less expensive homes
- White Pine, TN: equally priced homes
- Helton, TN: higher priced homes
- Lakemoore, TN: less expensive homes
- New Market, TN: equally priced homes
- Friends Station, TN: less expensive homes
Cities with Similar Populations
- Rainbow City, AL: equally priced homes
- Mayo, MD: higher priced homes
- McCook, NE: less expensive homes
- Mcloud, OK: less expensive homes
- Mead, WA: higher priced homes
- Mecca, CA: equally priced homes
- Medford, WI: equally priced homes
- Meridianville, AL: higher priced homes
- Merrydale, LA: less expensive homes
- Metter, GA: less expensive homes
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