Cost of Living in Spurgeon, TN

Population 3,749 · Tennessee · Data vintage 2023

63
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Spurgeon can reasonably expect a home to cost less than three years of household income — $198,000 against $66,091 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. An unemployment rate of 0.8% points to a labor market well on the tight side of the national distribution.

Geographically, Spurgeon lies roughly 90 miles east of the nearest major metro, Knoxville. Median home values run roughly 8% lower than Knoxville's $214,000.

Cost Overview

Housing 65
Rent 61

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

About the Cost of Living in Spurgeon

The median home value in Spurgeon is $197,500 — 35% below the national median of $305,000. Median rent runs $796/month, 39% lower than the national median of $1,314/month. The median household income of $66,091/year is 11% 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 68.2°F and lows of 44.9°F, with about 9.2" of annual snowfall. Overall, Spurgeon has a cost of living index of 63 versus the US average of 100, meaning it is 37% less expensive.

🏠 Housing

Median Home Value
$197,500
35% below avg
Median Rent
$796/mo
39% below avg
Price-to-Rent Ratio
20.7x
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 77.3%
Renter-occupied 22.7%

💰 Estimated Monthly Budget

Rent median rent
$796
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,410/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
21.9 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.4%

Commute Mode

Drove alone
76.7%
Carpooled
3.8%
Work from home
17.4%

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
$66,091
11% below avg
Per Capita Income
$39,989
Unemployment Rate
0.8%
84% below avg
Poverty Rate
21.5%
Labor Force Participation
58.1%

🎓 Education

Bachelor's degree+ 12.9%
Graduate degree 8.1%

👥 Demographics

Median Age 44.2
Male median age 46.4
Female median age 42.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
68.2°F
Avg Low
44.9°F
Annual Precip
44"
Annual Snowfall
9.2"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 475159697784868681705950
Low °F 262935435261656356443429
Precip" 3.653.813.963.793.823.925.003.762.842.523.143.76
Snow" 3.03.01.10.10.00.00.00.00.00.00.31.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
76.3%
Good air days/yr
118
Max AQI recorded
193
PM2.5 days
170
Ozone days

Frequently Asked Questions

What is the cost of living in Spurgeon, TN?

Spurgeon has a cost index of 63 (100 = national average). It is 37% below the national average.

What is average rent in Spurgeon, TN?

The median gross rent in Spurgeon is $796 per month based on 2023 Census data.

What is the average home price in Spurgeon?

The median home value in Spurgeon is $197,500 according to 2023 Census ACS data.

What is the median income in Spurgeon?

The median household income in Spurgeon is $66,091 per year (2023 ACS 5-year estimates).

What is the sales tax in Spurgeon, TN?

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

Is Spurgeon, TN affordable?

Yes, Spurgeon is generally considered affordable, with a cost of living index of 63 — about 37% below the US national average of 100.

What is the weather like in Spurgeon?

Spurgeon has average high temperatures of 68.2°F and average lows of 44.9°F. Annual precipitation is 44". Average annual snowfall is 9.2". Data from NOAA 1991–2020 Climate Normals.

Spurgeon at a Glance

Population
3,749
Median Income
$66,091
Home Value
$197,500
Median Rent
$796/mo
Unemployment
0.8%
Avg High Temp
68.2°F
Sales Tax
9.6%
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