Cost of Living in Newbern, TN

Population 3,313 · 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

Newbern 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. Around 24% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Geographically, Newbern lies roughly 80 miles northeast of the nearest major metro, Memphis. Median home values run roughly 41% lower than Memphis' $157,000.

Cost Overview

Housing 30
Rent 61

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

About the Cost of Living in Newbern

The median home value in Newbern is $92,700 — 70% 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 $49,853/year is 33% lower than the US median of $74,580. The local unemployment rate is 0.8%, below the national average of 4.8%. Tennessee charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 70.4°F and lows of 49.8°F. Overall, Newbern has a cost of living index of 43 versus the US average of 100, meaning it is 57% less expensive.

🏠 Housing

Median Home Value
$92,700
70% below avg
Zillow Home Value
$225,607
Zillow ZHVI
Median Rent
$802/mo
39% below avg
Price-to-Rent Ratio
9.6x
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 63.4%
Renter-occupied 36.6%

💰 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
16.9 min
37% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.6%

Commute Mode

Drove alone
95.1%
Carpooled
0.7%
Walked
0.6%
Bicycle
1.0%
Work from home
2.6%

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
$49,853
33% below avg
Per Capita Income
$25,859
Unemployment Rate
0.8%
83% below avg
Poverty Rate
23.9%
Labor Force Participation
54.4%

🎓 Education

Bachelor's degree+ 14.1%
Graduate degree 8.2%

👥 Demographics

Median Age 32.7
Male median age 33.1
Female median age 32.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
70.4°F
Avg Low
49.8°F
Annual Precip
53.2"
20° 40° 60° 80° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 475261718088909084736050
Low °F 293240496068716961493833
Precip" 3.804.565.875.085.384.474.293.272.644.164.545.19

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
74.2%
Good air days/yr
81
Max AQI recorded
360
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Newbern, TN?

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

What is average rent in Newbern, TN?

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

What is the average home price in Newbern?

The median home value in Newbern is $92,700 according to Zillow and Census data.

What is the median income in Newbern?

The median household income in Newbern is $49,853 per year (2023 ACS 5-year estimates).

What is the sales tax in Newbern, TN?

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

Is Newbern, TN affordable?

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

What is the weather like in Newbern?

Newbern has average high temperatures of 70.4°F and average lows of 49.8°F. Annual precipitation is 53.2". Data from NOAA 1991–2020 Climate Normals.

Newbern at a Glance

Population
3,313
Median Income
$49,853
Home Value
$92,700
Median Rent
$802/mo
Unemployment
0.8%
Avg High Temp
70.4°F
Sales Tax
9.6%
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🗺️ County data for Tennessee

Explore county-level cost of living data

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