Cost of Living in Atoka, TN

Population 10,237 · Tennessee · Data vintage 2023

95
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Atoka a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $284,000. At 8.7%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Atoka sits roughly 25 miles northeast of Memphis. Median home values run roughly 80% higher than Memphis' $157,000.

Cost Overview

Housing 93
Rent 97

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Atoka

The median home value in Atoka is $283,500 — 7% below the national median of $305,000. Median rent runs $1,279/month, 3% lower than the national median of $1,314/month. The median household income of $86,922/year is 17% higher than the US median of $74,580. The local unemployment rate is 8.7%, above the national average of 4.8%. Tennessee charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 73.0°F and lows of 53.8°F, with about 2.7" of annual snowfall. Overall, Atoka has a cost of living index of 95 versus the US average of 100, meaning it is 5% less expensive.

🏠 Housing

Median Home Value
$283,500
7% below avg
Zillow Home Value
$346,361
Zillow ZHVI
Median Rent
$1,279/mo
3% below avg
Price-to-Rent Ratio
18.5x
Favors buying
Property Tax Rate
0.7%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$809
2 BR
$948
3 BR
$1,265
4 BR
$1,510
Owner-occupied 84.3%
Renter-occupied 15.7%

💰 Estimated Monthly Budget

Rent median rent
$1,279
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,893/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
38.1 min
41% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.1%

Commute Mode

Drove alone
86.9%
Carpooled
3.7%
Work from home
9.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 9.6%
State rate 7.0%
Avg local rate 2.5%
Property Tax 0.7%

💼 Income & Employment

Median Household Income
$86,922
17% above avg
Per Capita Income
$37,228
Unemployment Rate
8.7%
82% above avg
Poverty Rate
6.6%
Labor Force Participation
64.8%

🎓 Education

Bachelor's degree+ 18.3%
Graduate degree 9.4%

👥 Demographics

Median Age 39.1
Male median age 39.8
Female median age 38.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
73.0°F
Avg Low
53.8°F
Annual Precip
54.9"
Annual Snowfall
2.7"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 515664738289929286756353
Low °F 333744536270747366544336
Precip" 4.144.555.745.875.273.994.823.373.033.984.695.49
Snow" 0.91.00.50.00.00.00.00.00.00.00.10.2

Frequently Asked Questions

What is the cost of living in Atoka, TN?

Atoka has a cost index of 95 (100 = national average). It is 5% below the national average.

What is average rent in Atoka, TN?

The median gross rent in Atoka is $1,279 per month based on 2023 Census data.

What is the average home price in Atoka?

The median home value in Atoka is $283,500 according to Zillow and Census data.

What is the median income in Atoka?

The median household income in Atoka is $86,922 per year (2023 ACS 5-year estimates).

What is the sales tax in Atoka, TN?

The combined state and local sales tax rate in Atoka is 9.6%. Tennessee has no state income tax.

Is Atoka, TN affordable?

Atoka is near the national average in terms of cost of living, with an index of 95 (100 = US average).

What is the weather like in Atoka?

Atoka has average high temperatures of 73.0°F and average lows of 53.8°F. Annual precipitation is 54.9". Average annual snowfall is 2.7". Data from NOAA 1991–2020 Climate Normals.

Atoka at a Glance

Population
10,237
Median Income
$86,922
Home Value
$283,500
Median Rent
$1,279/mo
Unemployment
8.7%
Avg High Temp
73.0°F
Sales Tax
9.6%
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