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Putnam County Housing Market

Tennessee · 95 counties · Ranked #2341 in home value

Below National Avg

Housing at a Glance

Median Home Value

$246,800

vs national$246,800 vs $281,900 national

Median Gross Rent

$881/mo

vs national$881 vs $1,163 national

Effective Tax Rate

0.53%

vs national0.53% vs 1.02% national

Median Household Income

$56,537

vs national$56,537 vs $74,755 national

Affordability Ratio

4.4x

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

Rent Burden

29.0%

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

More Housing Data

Property Tax (Median)

$1,299

Tax as % of Home Value

0.53%

Monthly Owner Cost

$846

Renter Income

$35,909

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Mortgage

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Similar Counties by Home Value

Copper River Census Area

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Frequently Asked Questions

What is the median home value in Putnam County?

The median home value in Putnam County is $246,800. This is below the national median of $281,900.

How much is rent in Putnam County?

The median gross rent in Putnam County is $881 per month.

What is the property tax rate in Putnam County?

The effective property tax rate in Putnam County is 0.53%. The median annual property tax bill is $1,299.

Is Putnam County affordable?

With a home-value-to-income ratio of 4.4x, Putnam 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.