Cost of Living in Powell, TN
Population 13,544 · Tennessee · Data vintage 2023
(100 = US avg)
Powell is a smaller Tennessee community of around 14000 residents, where median household incomes of $85,281 and housing costs ($265,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Located 6 miles northwest of Knoxville, Powell falls within that metro's commuting orbit. Median home values run roughly 24% higher than Knoxville's $214,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Powell
The median home value in Powell is $264,500 — 13% below the national median of $305,000. Median rent runs $1,153/month, 12% lower than the national median of $1,314/month. The median household income of $85,281/year is 14% higher than the US median of $74,580. The local unemployment rate is 3.7%, 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 49.3°F. Overall, Powell has a cost of living index of 87 versus the US average of 100, meaning it is 13% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 48 | 53 | 62 | 72 | 80 | 86 | 89 | 88 | 83 | 72 | 60 | 51 |
| Low °F | 30 | 33 | 40 | 48 | 57 | 65 | 69 | 68 | 61 | 49 | 38 | 33 |
| Precip" | 5.07 | 5.59 | 5.12 | 5.20 | 4.07 | 4.55 | 5.54 | 3.46 | 3.83 | 3.12 | 4.62 | 5.36 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Powell, TN?
Powell has a cost index of 87 (100 = national average). It is 13% below the national average.
What is average rent in Powell, TN?
The median gross rent in Powell is $1,153 per month based on 2023 Census data.
What is the average home price in Powell?
The median home value in Powell is $264,500 according to Zillow and Census data.
What is the median income in Powell?
The median household income in Powell is $85,281 per year (2023 ACS 5-year estimates).
What is the sales tax in Powell, TN?
The combined state and local sales tax rate in Powell is 9.6%. Tennessee has no state income tax.
Is Powell, TN affordable?
Yes, Powell is generally considered affordable, with a cost of living index of 87 — about 13% below the US national average of 100.
What is the weather like in Powell?
Powell has average high temperatures of 70.4°F and average lows of 49.3°F. Annual precipitation is 55.5". Data from NOAA 1991–2020 Climate Normals.
Powell at a Glance
- Population
- 13,544
- Median Income
- $85,281
- Home Value
- $264,500
- Median Rent
- $1,153/mo
- Unemployment
- 3.7%
- Avg High Temp
- 70.4°F
- Sales Tax
- 9.6%
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