Total monthly cost of ownership
Cost to Own a Home in Burns, Tennessee
A $286,000 home here costs
$2,255per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $96,500 a year.
A standard mortgage calculator would have told you $1,559. The real number is $696 higher every month, 45% more than the payment most buyers budget for.
Compare Dickson County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Burns from a five-year rolling sample, and with about 1,746 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Dickson County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Burns against Dickson County and Tennessee
| Measure | Burns | Dickson County |
|---|---|---|
| Median home value | $285,600 | $272,700 |
| Median property tax | $1,372 | $1,369 |
| Effective tax rate | 0.480% | 0.502% |
| Median gross rent | $913 | $972 |
| Population | 1,746 | 55,197 |
The weather behind that power bill
Burns sits in Dickson County, which averages a high of 86.9°F in its hottest month and a low of 27.5°F in its coldest, with 54.07" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,327 cooling and 3,825 heating degree days, which is what sets the $155 electricity line above.
See the full climate breakdown for Dickson County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dickson County
Full Dickson County cost breakdown · Every county in Tennessee
Talk to someone who works this market
These are Burns averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Burns every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Burns?
A $286,000 home in Burns, Tennessee costs approximately $2,255 per month with 20% down at 7.24%. That is $1,559 principal and interest, $114 property tax, $120 homeowners insurance, $223 utilities and $238 set aside for maintenance.
What is the property tax rate in Burns?
Burns has an effective property tax rate of 0.480%, based on a median home value of $285,600 and median real estate taxes of $1,372. That is lower than the Dickson County average of 0.502%.
What is the average home price in Burns?
The median owner-occupied home value in Burns, Tennessee is $285,600, against $272,700 across Dickson County.
Is it cheaper to rent or buy in Burns?
Median gross rent in Burns is $913 a month, against $2,255 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Burns?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Burns, Tennessee at today's rate takes a household income of roughly $96,500 a year. That covers the full $2,255 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Burns, 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.