Total monthly cost of ownership
Cost to Own a Home in Dyersburg, Tennessee
A $171,000 home here costs
$1,419per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $879. The real number is $540 higher every month — 61% 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.
Dyersburg against Dyer County and Tennessee
| Measure | Dyersburg | Dyer County |
|---|---|---|
| Median home value | $170,900 | $159,500 |
| Median property tax | $1,523 | $966 |
| Effective tax rate | 0.891% | 0.606% |
| Median gross rent | $759 | $760 |
| Population | 16,075 | 36,681 |
The weather behind that power bill
Dyersburg sits in Dyer County, which averages a high of 90.1°F in its hottest month and a low of 29.2°F in its coldest, with 53.25" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,830 cooling and 3,585 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Dyer County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dyer County
Common questions
How much does it cost to own a home in Dyersburg?
A $171,000 home in Dyersburg, Tennessee costs approximately $1,419 per month with 20% down at 6.66%. That is $879 principal and interest, $127 property tax, $72 homeowners insurance, $198 utilities and $143 set aside for maintenance.
What is the property tax rate in Dyersburg?
Dyersburg has an effective property tax rate of 0.891%, based on a median home value of $170,900 and median real estate taxes of $1,523. That is higher than the Dyer County average of 0.606%.
What is the average home price in Dyersburg?
The median owner-occupied home value in Dyersburg, Tennessee is $170,900, against $159,500 across Dyer County.
Is it cheaper to rent or buy in Dyersburg?
Median gross rent in Dyersburg is $759 a month, against $1,419 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 Dyersburg — 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.