Hamilton County
Tennessee ยท Pop. 366,207
Ranked #60 of 200 counties
50Moderate
Median Home Price
๐$290K
4.0% YoY
Median Rent
๐$1,250
Median Income
๐ฐ$55K
Rent Burden
๐29.5%
% of income to rent
Housing Shortage
๐๏ธ8,000
estimated unit deficit
Building Permits (2024)
๐3,500
Price-to-Income Ratio
โ๏ธ5.3x
Homeownership Rate
๐ก60.0%
How Hamilton County Compares
| Metric | Hamilton County | Tennessee | National |
|---|---|---|---|
| Home Price | $290K | $307K | $410K |
| Rent | $1,250 | $1,214 | $1,500 |
| Income | $55K | $68K | $75K |
| Rent Burden | 29.5% | 30.5% | 30.0% |
| Homeownership | 60.0% | 67.0% | 65.0% |
Key Takeaways
- โข Home prices are 29% below the national average.
- โข Rent is 17% below the national average.
- โข The county has an estimated housing shortage of 8,000 units.
- โข 3,500 building permits were issued in 2024.
- โข Year-over-year home prices changed by 4.0%.