Home/Tennessee/Smith County

Smith County Housing Market

Tennessee · 95 counties · Ranked #2174 in home value

Below National Avg

Housing at a Glance

Median Home Value

$224,500

vs national$224,500 vs $281,900 national

Median Gross Rent

$877/mo

vs national$877 vs $1,163 national

Effective Tax Rate

0.47%

vs national0.47% vs 1.02% national

Median Household Income

$62,799

vs national$62,799 vs $74,755 national

Affordability Ratio

3.6x

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

Rent Burden

23.0%

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

More Housing Data

Property Tax (Median)

$1,047

Tax as % of Home Value

0.47%

Monthly Owner Cost

$769

Renter Income

$39,955

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Smith County?

The median home value in Smith County is $224,500. This is below the national median of $281,900.

How much is rent in Smith County?

The median gross rent in Smith County is $877 per month.

What is the property tax rate in Smith County?

The effective property tax rate in Smith County is 0.47%. The median annual property tax bill is $1,047.

Is Smith County affordable?

With a home-value-to-income ratio of 3.6x, Smith 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.