Cost of Living in Unicoi, TN

Population 3,815 · Tennessee · Data vintage 2023

60
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Unicoi run well below national norms — a median of $41,455 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $197,000). At 6.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 90 miles east of Knoxville, Unicoi is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 8% lower than Knoxville's $214,000.

Cost Overview

Housing 64
Rent 53

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

About the Cost of Living in Unicoi

The median home value in Unicoi is $196,500 — 36% below the national median of $305,000. Median rent runs $695/month, 47% lower than the national median of $1,314/month. The median household income of $41,455/year is 44% 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. The climate averages highs of 68.2°F and lows of 44.9°F, with about 9.2" of annual snowfall. Overall, Unicoi has a cost of living index of 60 versus the US average of 100, meaning it is 40% less expensive.

🏠 Housing

Median Home Value
$196,500
36% below avg
Zillow Home Value
$131,412
Zillow ZHVI
Median Rent
$695/mo
47% below avg
Price-to-Rent Ratio
23.6x
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 62.8%
Renter-occupied 37.2%

💰 Estimated Monthly Budget

Rent median rent
$695
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,309/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
34.2 min
27% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.8%

Commute Mode

Drove alone
76.0%
Carpooled
7.5%
Walked
1.8%
Work from home
7.8%

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
$41,455
44% below avg
Per Capita Income
$31,829
Unemployment Rate
6.5%
35% above avg
Poverty Rate
14.3%
Labor Force Participation
49.1%

🎓 Education

Bachelor's degree+ 15.9%
Graduate degree 8.0%

👥 Demographics

Median Age 50.4
Male median age 49.2
Female median age 53.2

🌤 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

Frequently Asked Questions

What is the cost of living in Unicoi, TN?

Unicoi has a cost index of 60 (100 = national average). It is 40% below the national average.

What is average rent in Unicoi, TN?

The median gross rent in Unicoi is $695 per month based on 2023 Census data.

What is the average home price in Unicoi?

The median home value in Unicoi is $196,500 according to Zillow and Census data.

What is the median income in Unicoi?

The median household income in Unicoi is $41,455 per year (2023 ACS 5-year estimates).

What is the sales tax in Unicoi, TN?

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

Is Unicoi, TN affordable?

Yes, Unicoi is generally considered affordable, with a cost of living index of 60 — about 40% below the US national average of 100.

What is the weather like in Unicoi?

Unicoi 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.

Unicoi at a Glance

Population
3,815
Median Income
$41,455
Home Value
$196,500
Median Rent
$695/mo
Unemployment
6.5%
Avg High Temp
68.2°F
Sales Tax
9.6%
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