Somerville
Somerville town, Tennessee
Somerville, Tennessee, offers a refreshing escape from the hustle of larger cities, presenting a charming, small-town atmosphere with a surprisingly affordable lifestyle. Imagine owning a home for a median value of around $298,600, significantly below the national average. This affordability is coupled with a sense of community, where neighbors know each other and local events are well-attended. While the median household income of $33,750 reflects the town's more laid-back pace, the cost of living allows residents to enjoy a comfortable existence without the financial pressures of more expensive locales. The town’s size, with a population of just 3,385, means a close-knit environment where a slower pace of life is the norm.
From an investment perspective, Somerville presents a compelling opportunity, particularly for those seeking a tranquil and secure environment. The housing market is stable, and the relatively low home values provide a strong entry point to the real estate market. While specific employment data isn't readily available, the town’s proximity to larger employment hubs in the Memphis metropolitan area provides residents with a broader range of job opportunities. Somerville is ideally suited for families, retirees, or anyone seeking a peaceful lifestyle with a strong sense of community. Its safe environment makes it particularly attractive for those looking to raise children or enjoy a worry-free retirement.
Somerville, Tennessee at a Glance
Somerville is a city in Somerville town, Tennessee with a population of approximately 3,385. The median home value is $298,600 and the median household income is $33,750.. The violent crime rate is 2.5 per 1,000 residents, which is 31% below the national average.. Median rent is $711 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$298,600
Median Income
$33,750
Population
3,385
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Good
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- Population
- 3,385
- Median Age
- N/A
- Median Household Income
- $33,750
55% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 33.5%
170% above nat'l avg
- Median Home Value
- $298,600
6% above nat'l avg
- Median Rent
- $711
39% below nat'l avg
- Homeownership Rate
- 54.5%
17% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 2.5 per 1K
31% below nat'l avg
- Property Crime Rate
- 4.0 per 1K
79% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 4.2%
14% above nat'l avg
- Poverty Rate
- 33.5%
170% above nat'l avg
Weather & Climate in Somerville
Avg High
70°F
Avg Low
52°F
Annual Rainfall
66.3"
Avg Humidity
72%
Political Landscape
→ Politically stable
Based on Rutherford County county-level presidential election data
Culture & Things to Do in Somerville
Fayette County Fair
Annual county fair featuring agricultural exhibits, rides, and entertainment.
Somerville Christmas Parade
A festive parade held annually in December to celebrate the holiday season.
Fayette County Relay for Life
An annual fundraising event for the American Cancer Society.
Somerville Spring Fling
A community event with food, music, and activities.
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