Total monthly cost of ownership
Cost to Own a Home in Bruceton, Tennessee
A $108,000 home here costs
$969per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $555. The real number is $414 higher every month — 75% 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.
Bruceton against Carroll County and Tennessee
| Measure | Bruceton | Carroll County |
|---|---|---|
| Median home value | $107,700 | $122,100 |
| Median property tax | $965 | $809 |
| Effective tax rate | 0.896% | 0.663% |
| Median gross rent | $658 | $757 |
| Population | 1,363 | 28,461 |
The weather behind that power bill
Bruceton 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 Bruceton?
A $108,000 home in Bruceton, Tennessee costs approximately $969 per month with 20% down at 6.66%. That is $555 principal and interest, $81 property tax, $45 homeowners insurance, $198 utilities and $90 set aside for maintenance.
What is the property tax rate in Bruceton?
Bruceton has an effective property tax rate of 0.896%, based on a median home value of $107,700 and median real estate taxes of $965. That is higher than the Carroll County average of 0.663%.
What is the average home price in Bruceton?
The median owner-occupied home value in Bruceton, Tennessee is $107,700, against $122,100 across Carroll County.
Is it cheaper to rent or buy in Bruceton?
Median gross rent in Bruceton is $658 a month, against $969 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 Bruceton — 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.