Cost of Living in Lynchburg, Moore County metropolitan government, TN

Population 6,611 · Tennessee · Data vintage 2023

74
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Lynchburg, Moore County metropolitan government sits on the smaller end of the Tennessee city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Located 40 miles south of Murfreesboro, Lynchburg, Moore County metropolitan government falls within that metro's commuting orbit. Median home values run roughly 29% lower than Murfreesboro's $365,000.

Cost Overview

Housing 85
Rent 57

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

About the Cost of Living in Lynchburg, Moore County metropolitan government

The median home value in Lynchburg, Moore County metropolitan government is $259,300 — 15% below the national median of $305,000. Median rent runs $746/month, 43% lower than the national median of $1,314/month. The median household income of $66,687/year is 11% lower than the US median of $74,580. The local unemployment rate is 5.1%, above the national average of 4.8%. Tennessee charges no state income tax, a meaningful advantage for take-home pay. Overall, Lynchburg, Moore County metropolitan government has a cost of living index of 74 versus the US average of 100, meaning it is 26% less expensive.

🏠 Housing

Median Home Value
$259,300
15% below avg
Median Rent
$746/mo
43% below avg
Price-to-Rent Ratio
29.0x
Favors renting
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 82.3%
Renter-occupied 17.7%

💰 Estimated Monthly Budget

Rent median rent
$746
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,360/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
25.2 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.9%

Commute Mode

Drove alone
85.9%
Carpooled
7.0%
Walked
0.3%
Bicycle
0.7%
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
$66,687
11% below avg
Per Capita Income
$37,193
Unemployment Rate
5.1%
5% above avg
Poverty Rate
11.3%
Labor Force Participation
57.8%

🎓 Education

Bachelor's degree+ 16.3%
Graduate degree 8.4%

👥 Demographics

Median Age 46.2
Male median age 45
Female median age 46.4

Frequently Asked Questions

What is the cost of living in Lynchburg, Moore County metropolitan government, TN?

Lynchburg, Moore County metropolitan government has a cost index of 74 (100 = national average). It is 26% below the national average.

What is average rent in Lynchburg, Moore County metropolitan government, TN?

The median gross rent in Lynchburg, Moore County metropolitan government is $746 per month based on 2023 Census data.

What is the average home price in Lynchburg, Moore County metropolitan government?

The median home value in Lynchburg, Moore County metropolitan government is $259,300 according to 2023 Census ACS data.

What is the median income in Lynchburg, Moore County metropolitan government?

The median household income in Lynchburg, Moore County metropolitan government is $66,687 per year (2023 ACS 5-year estimates).

What is the sales tax in Lynchburg, Moore County metropolitan government, TN?

The combined state and local sales tax rate in Lynchburg, Moore County metropolitan government is 9.6%. Tennessee has no state income tax.

Is Lynchburg, Moore County metropolitan government, TN affordable?

Yes, Lynchburg, Moore County metropolitan government is generally considered affordable, with a cost of living index of 74 — about 26% below the US national average of 100.

Lynchburg, Moore County metropolitan government at a Glance

Population
6,611
Median Income
$66,687
Home Value
$259,300
Median Rent
$746/mo
Unemployment
5.1%
Sales Tax
9.6%
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