Hamilton County

Tennessee ยท Pop. 366,207

Ranked #60 of 200 counties

50Moderate

Median Home Price

๐Ÿ 

$290K

4.0% YoY

Median Rent

๐Ÿ”‘

$1,250

Median Income

๐Ÿ’ฐ

$55K

Rent Burden

๐Ÿ“Š

29.5%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

8,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

3,500

Price-to-Income Ratio

โš–๏ธ

5.3x

Homeownership Rate

๐Ÿก

60.0%

How Hamilton County Compares

MetricHamilton CountyTennesseeNational
Home Price$290K$307K$410K
Rent$1,250$1,214$1,500
Income$55K$68K$75K
Rent Burden29.5%30.5%30.0%
Homeownership60.0%67.0%65.0%

Key Takeaways

  • โ€ข Home prices are 29% below the national average.
  • โ€ข Rent is 17% below the national average.
  • โ€ข The county has an estimated housing shortage of 8,000 units.
  • โ€ข 3,500 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 4.0%.