Total monthly cost of ownership
Cost to Own a Home in Green Hill, Tennessee
A $345,000 home here costs
$2,658per 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 $114,000 a year.
A standard mortgage calculator would have told you $1,881. The real number is $777 higher every month, 41% more than the payment most buyers budget for.
Compare Wilson County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Green Hill against Wilson County and Tennessee
| Measure | Green Hill | Wilson County |
|---|---|---|
| Median home value | $345,000 | $397,000 |
| Median property tax | $1,460 | $1,743 |
| Effective tax rate | 0.423% | 0.439% |
| Median gross rent | $1,191 | $1,370 |
| Population | 6,617 | 153,587 |
The weather behind that power bill
Green Hill sits in Wilson County, which averages a high of 90.2°F in its hottest month and a low of 27.8°F in its coldest, with 54.45" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,670 cooling and 3,802 heating degree days, which is what sets the $155 electricity line above.
See the full climate breakdown for Wilson County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wilson County
Full Wilson County cost breakdown · Every county in Tennessee
Talk to someone who works this market
These are Green Hill 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 Green Hill every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Green Hill I already own here and may sell
Common questions
How much does it cost to own a home in Green Hill?
A $345,000 home in Green Hill, Tennessee costs approximately $2,658 per month with 20% down at 7.24%. That is $1,881 principal and interest, $122 property tax, $145 homeowners insurance, $223 utilities and $288 set aside for maintenance.
What is the property tax rate in Green Hill?
Green Hill has an effective property tax rate of 0.423%, based on a median home value of $345,000 and median real estate taxes of $1,460. That is lower than the Wilson County average of 0.439%.
What is the average home price in Green Hill?
The median owner-occupied home value in Green Hill, Tennessee is $345,000, against $397,000 across Wilson County.
Is it cheaper to rent or buy in Green Hill?
Median gross rent in Green Hill is $1,191 a month, against $2,658 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 Green Hill?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Green Hill, Tennessee at today's rate takes a household income of roughly $114,000 a year. That covers the full $2,658 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Green Hill, 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.