Total monthly cost of ownership
Cost to Own a Home in Fall Branch, Tennessee
A $152,000 home here costs
$1,229per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $781. The real number is $448 higher every month — 57% 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.
Fall Branch against Washington County and Tennessee
| Measure | Fall Branch | Washington County |
|---|---|---|
| Median home value | $152,200 | $231,700 |
| Median property tax | $709 | $1,278 |
| Effective tax rate | 0.466% | 0.552% |
| Median gross rent | $829 | $951 |
| Population | 1,077 | 134,693 |
Fall Branch extends across 2 counties. Figures here use Washington County, where most of its housing sits.
The weather behind that power bill
Fall Branch sits in Washington County, which averages a high of 86.4°F in its hottest month and a low of 26.3°F in its coldest, with 43.97" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,105 cooling and 4,150 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Washington County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Washington County
Full Washington County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Fall Branch?
A $152,000 home in Fall Branch, Tennessee costs approximately $1,229 per month with 20% down at 6.66%. That is $781 principal and interest, $59 property tax, $64 homeowners insurance, $198 utilities and $127 set aside for maintenance.
What is the property tax rate in Fall Branch?
Fall Branch has an effective property tax rate of 0.466%, based on a median home value of $152,200 and median real estate taxes of $709. That is lower than the Washington County average of 0.552%.
What is the average home price in Fall Branch?
The median owner-occupied home value in Fall Branch, Tennessee is $152,200, against $231,700 across Washington County.
Is it cheaper to rent or buy in Fall Branch?
Median gross rent in Fall Branch is $829 a month, against $1,229 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 Fall Branch — 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.