Cost of Living in Hohenwald, TN

Population 3,790 · Tennessee · Data vintage 2023

43
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $38,791, median household incomes in Hohenwald land roughly 48% below the US median, a gap that tends to persist across local labor-market indicators. Unemployment has stayed elevated relative to the national figure — 9.0% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Hohenwald is about 60 miles southwest of Nashville-Davidson, the nearest large metro. Median home values run roughly 76% lower than Nashville-Davidson's $383,000.

Cost Overview

Housing 31
Rent 61

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

About the Cost of Living in Hohenwald

The median home value in Hohenwald is $93,800 — 69% below the national median of $305,000. Median rent runs $802/month, 39% lower than the national median of $1,314/month. The median household income of $38,791/year is 48% lower than the US median of $74,580. The local unemployment rate is 9.0%, above the national average of 4.8%. Tennessee charges no state income tax, a meaningful advantage for take-home pay. Overall, Hohenwald has a cost of living index of 43 versus the US average of 100, meaning it is 57% less expensive.

🏠 Housing

Median Home Value
$93,800
69% below avg
Zillow Home Value
$234,905
Zillow ZHVI
Median Rent
$802/mo
39% below avg
Price-to-Rent Ratio
9.7x
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 77.3%
Renter-occupied 22.7%

💰 Estimated Monthly Budget

Rent median rent
$802
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,416/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
32.1 min
19% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.9%

Commute Mode

Drove alone
80.6%
Carpooled
12.1%
Walked
1.4%
Work from home
5.9%

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
$38,791
48% below avg
Per Capita Income
$24,122
Unemployment Rate
9.0%
88% above avg
Poverty Rate
20.4%
Labor Force Participation
54.9%

🎓 Education

Bachelor's degree+ 10.8%
Graduate degree 1.5%

👥 Demographics

Median Age 47.3
Male median age 42.9
Female median age 50

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
14.9:1
Student-teacher ratio
4
Public schools
1,716
Total enrollment

Frequently Asked Questions

What is the cost of living in Hohenwald, TN?

Hohenwald has a cost index of 43 (100 = national average). It is 57% below the national average.

What is average rent in Hohenwald, TN?

The median gross rent in Hohenwald is $802 per month based on 2023 Census data.

What is the average home price in Hohenwald?

The median home value in Hohenwald is $93,800 according to Zillow and Census data.

What is the median income in Hohenwald?

The median household income in Hohenwald is $38,791 per year (2023 ACS 5-year estimates).

What is the sales tax in Hohenwald, TN?

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

Is Hohenwald, TN affordable?

Yes, Hohenwald is generally considered affordable, with a cost of living index of 43 — about 57% below the US national average of 100.

Hohenwald at a Glance

Population
3,790
Median Income
$38,791
Home Value
$93,800
Median Rent
$802/mo
Unemployment
9.0%
Sales Tax
9.6%
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