Cost of Living in Tiptonville, TN
Population 3,687 · Tennessee · Data vintage 2023
(100 = US avg)
Household incomes in Tiptonville run well below national norms — a median of $22,979 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $109,000). Unemployment has stayed elevated relative to the national figure — 6.5% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Located 90 miles north of Memphis, Tiptonville is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 30% lower than Memphis' $157,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Tiptonville
The median home value in Tiptonville is $109,400 — 64% below the national median of $305,000. Median rent runs $453/month, 66% lower than the national median of $1,314/month. The median household income of $22,979/year is 69% lower than the US median of $74,580. The local unemployment rate is 6.5%, above the national average of 4.8%. Tennessee charges no state income tax, a meaningful advantage for take-home pay. Overall, Tiptonville has a cost of living index of 35 versus the US average of 100, meaning it is 65% less expensive.
Tiptonville has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Tiptonville, TN?
Tiptonville has a cost index of 35 (100 = national average). It is 65% below the national average.
What is average rent in Tiptonville, TN?
The median gross rent in Tiptonville is $453 per month based on 2023 Census data.
What is the average home price in Tiptonville?
The median home value in Tiptonville is $109,400 according to Zillow and Census data.
What is the median income in Tiptonville?
The median household income in Tiptonville is $22,979 per year (2023 ACS 5-year estimates).
What is the sales tax in Tiptonville, TN?
The combined state and local sales tax rate in Tiptonville is 9.6%. Tennessee has no state income tax.
Is Tiptonville, TN affordable?
Yes, Tiptonville is generally considered affordable, with a cost of living index of 35 — about 65% below the US national average of 100.
Tiptonville at a Glance
- Population
- 3,687
- Median Income
- $22,979
- Home Value
- $109,400
- Median Rent
- $453/mo
- Unemployment
- 6.5%
- Sales Tax
- 9.6%
Nearby Cities
Explore county-level cost of living data
Tennessee Rankings
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