Total monthly cost of ownership
Cost to Own a Home in Jacksboro, Tennessee
A $204,000 home here costs
$1,654per 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 $71,000 a year.
A standard mortgage calculator would have told you $1,112. The real number is $542 higher every month, 49% more than the payment most buyers budget for.
Compare Campbell County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Jacksboro from a five-year rolling sample, and with about 2,780 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 Campbell 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.
Jacksboro against Campbell County and Tennessee
| Measure | Jacksboro | Campbell County |
|---|---|---|
| Median home value | $204,000 | $169,500 |
| Median property tax | $759 | $651 |
| Effective tax rate | 0.372% | 0.384% |
| Median gross rent | $704 | $715 |
| Population | 2,780 | 39,568 |
The weather behind that power bill
Jacksboro sits in Campbell County, which averages a high of 86.2°F in its hottest month and a low of 25.6°F in its coldest, with 54.56" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,075 cooling and 4,333 heating degree days, which is what sets the $155 electricity line above.
See the full climate breakdown for Campbell County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Campbell County
Full Campbell County cost breakdown · Every county in Tennessee
Talk to someone who works this market
These are Jacksboro 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 Jacksboro every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Jacksboro I already own here and may sell
Common questions
How much does it cost to own a home in Jacksboro?
A $204,000 home in Jacksboro, Tennessee costs approximately $1,654 per month with 20% down at 7.24%. That is $1,112 principal and interest, $63 property tax, $86 homeowners insurance, $223 utilities and $170 set aside for maintenance.
What is the property tax rate in Jacksboro?
Jacksboro has an effective property tax rate of 0.372%, based on a median home value of $204,000 and median real estate taxes of $759. That is lower than the Campbell County average of 0.384%.
What is the average home price in Jacksboro?
The median owner-occupied home value in Jacksboro, Tennessee is $204,000, against $169,500 across Campbell County.
Is it cheaper to rent or buy in Jacksboro?
Median gross rent in Jacksboro is $704 a month, against $1,654 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 Jacksboro?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Jacksboro, Tennessee at today's rate takes a household income of roughly $71,000 a year. That covers the full $1,654 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Jacksboro, 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.