Home/Tennessee/Benton County

Benton County Housing Market

Tennessee · 95 counties · Ranked #705 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$123,400

vs national$123,400 vs $281,900 national

Median Gross Rent

$788/mo

vs national$788 vs $1,163 national

Effective Tax Rate

0.58%

vs national0.58% vs 1.02% national

Median Household Income

$50,435

vs national$50,435 vs $74,755 national

Affordability Ratio

2.4x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

26.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$717

Tax as % of Home Value

0.58%

Monthly Owner Cost

$569

Renter Income

$35,333

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Benton County?

The median home value in Benton County is $123,400. This is below the national median of $281,900.

How much is rent in Benton County?

The median gross rent in Benton County is $788 per month.

What is the property tax rate in Benton County?

The effective property tax rate in Benton County is 0.58%. The median annual property tax bill is $717.

Is Benton County affordable?

With a home-value-to-income ratio of 2.4x, Benton County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.