housing costs · Tennessee
Housing costs in Morgan County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $770 | ± $105 | evidence → |
| 2019–2023 | $742 | ± $95 | evidence → |
| 2018–2022 | $742 | ± $56 | evidence → |
| 2017–2021 | $718 | ± $51 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $166,300 | ± $11,785 | evidence → |
| 2019–2023 | $144,000 | ± $16,505 | evidence → |
| 2018–2022 | $133,000 | ± $10,451 | evidence → |
| 2017–2021 | $104,300 | ± $13,333 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 26.6 % | ± 7.6 % | evidence → |
| 2019–2023 | 28.6 % | ± 6.4 % | evidence → |
| 2018–2022 | 29.2 % | ± 5.7 % | evidence → |
| 2017–2021 | 29.0 % | ± 5.0 % | evidence → |
In context
Median rent in Morgan County is $770, below the Tennessee median of $839 across 95 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.