What is the median home price in Hohenwald?

The median home price in Hohenwald, Hohenwald city, Tennessee is $81,500, which is 71% below the national average of 281,900 ($281,900).

Hohenwald, Hohenwald city, Tennessee has a violent crime rate of 2.5 per 1,000 residents, which is 31% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 4.0 per 1,000 residents.

What is the median household income in Hohenwald?

The median household income in Hohenwald, Hohenwald city, Tennessee is $36,523, which is 51% below the national average of 74,580 ($74,580).

What is the average rent in Hohenwald?

The median rent in Hohenwald, Hohenwald city, Tennessee is $819 per month. The national average median rent is $1,163/month.

What is the population of Hohenwald?

The population of Hohenwald, Hohenwald city, Tennessee is approximately 3,734. The homeownership rate is 71.8% (national average: 65.9%).

What is the unemployment rate in Hohenwald?

The unemployment rate in Hohenwald, Hohenwald city, Tennessee is 13.8%. The national average unemployment rate is 3.7%. The poverty rate is 27.9% (national average: 12.4%).

Hohenwald

Hohenwald city, Tennessee

Affordable

About Hohenwald

Nestled in the heart of Tennessee, Hohenwald offers a refreshing contrast to the escalating costs of modern living. With a population just shy of 4,000, this close-knit community presents an exceptional opportunity for those seeking affordability without sacrificing quality of life. Imagine owning a home for a median value of just $81,500 – a stark contrast to the national average. This remarkable price point allows you to stretch your dollar further, perhaps enabling you to invest in a larger property, pay down your mortgage faster, or simply enjoy more disposable income. The town's laid-back atmosphere and slower pace of life provide a welcome respite from the hustle and bustle of larger cities, making it an ideal destination for those looking to downsize, retire, or start a family.

From an investment perspective, Hohenwald's real estate market offers significant potential. While the median household income of $36,523 is lower than the national average, the incredibly low cost of living more than compensates. The town's small size contributes to a strong sense of community and a low crime rate, creating a safe and welcoming environment. This area is ideally suited for first-time homebuyers, retirees, or anyone seeking a simpler, more affordable lifestyle. The value proposition here is undeniable: secure a home well below the national median while enjoying the tranquility and charm of rural Tennessee.

Hohenwald, Tennessee at a Glance

Hohenwald is a city in Hohenwald city, Tennessee with a population of approximately 3,734. The median home value is $81,500 and the median household income is $36,523.. The violent crime rate is 2.5 per 1,000 residents, which is 31% below the national average.. Median rent is $819 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.