Total monthly cost of ownership
Cost to Own a Home in Atwood, Tennessee
A $87,000 home here costs
$793per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $447. The real number is $346 higher every month — 77% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Atwood against Carroll County and Tennessee
| Measure | Atwood | Carroll County |
|---|---|---|
| Median home value | $86,900 | $122,100 |
| Median property tax | $466 | $809 |
| Effective tax rate | 0.536% | 0.663% |
| Median gross rent | $796 | $757 |
| Population | 1,230 | 28,461 |
The weather behind that power bill
Atwood sits in Carroll County, which averages a high of 89.2°F in its hottest month and a low of 28.2°F in its coldest, with 55.92" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,656 cooling and 3,768 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Carroll County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Carroll County
Full Carroll County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Atwood?
A $87,000 home in Atwood, Tennessee costs approximately $793 per month with 20% down at 6.66%. That is $447 principal and interest, $39 property tax, $37 homeowners insurance, $198 utilities and $73 set aside for maintenance.
What is the property tax rate in Atwood?
Atwood has an effective property tax rate of 0.536%, based on a median home value of $86,900 and median real estate taxes of $466. That is lower than the Carroll County average of 0.663%.
What is the average home price in Atwood?
The median owner-occupied home value in Atwood, Tennessee is $86,900, against $122,100 across Carroll County.
Is it cheaper to rent or buy in Atwood?
Median gross rent in Atwood is $796 a month, against $793 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Atwood — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Tennessee.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.