Total monthly cost of ownership
Cost to Own a Home in Bradford, Tennessee
A $102,000 home here costs
$924per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $524. The real number is $400 higher every month — 76% 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.
Bradford against Gibson County and Tennessee
| Measure | Bradford | Gibson County |
|---|---|---|
| Median home value | $101,600 | $149,700 |
| Median property tax | $884 | $1,016 |
| Effective tax rate | 0.870% | 0.679% |
| Median gross rent | $684 | $797 |
| Population | 1,240 | 50,610 |
The weather behind that power bill
Bradford sits in Gibson County, which averages a high of 90.2°F in its hottest month and a low of 27.7°F in its coldest, with 56.18" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,766 cooling and 3,676 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Gibson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Gibson County
Full Gibson County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Bradford?
A $102,000 home in Bradford, Tennessee costs approximately $924 per month with 20% down at 6.66%. That is $524 principal and interest, $74 property tax, $43 homeowners insurance, $198 utilities and $85 set aside for maintenance.
What is the property tax rate in Bradford?
Bradford has an effective property tax rate of 0.870%, based on a median home value of $101,600 and median real estate taxes of $884. That is higher than the Gibson County average of 0.679%.
What is the average home price in Bradford?
The median owner-occupied home value in Bradford, Tennessee is $101,600, against $149,700 across Gibson County.
Is it cheaper to rent or buy in Bradford?
Median gross rent in Bradford is $684 a month, against $924 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Bradford — 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.