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McMinn County Housing Market

Tennessee · 95 counties · Ranked #1798 in home value

Below National Avg

Housing at a Glance

Median Home Value

$190,400

vs national$190,400 vs $281,900 national

Median Gross Rent

$792/mo

vs national$792 vs $1,163 national

Effective Tax Rate

0.37%

vs national0.37% vs 1.02% national

Median Household Income

$59,674

vs national$59,674 vs $74,755 national

Affordability Ratio

3.2x

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$707

Tax as % of Home Value

0.37%

Monthly Owner Cost

$746

Renter Income

$37,946

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Frequently Asked Questions

What is the median home value in McMinn County?

The median home value in McMinn County is $190,400. This is below the national median of $281,900.

How much is rent in McMinn County?

The median gross rent in McMinn County is $792 per month.

What is the property tax rate in McMinn County?

The effective property tax rate in McMinn County is 0.37%. The median annual property tax bill is $707.

Is McMinn County affordable?

With a home-value-to-income ratio of 3.2x, McMinn County is moderately 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.