Total monthly cost of ownership
Cost to Own a Home in Rossville, Tennessee
A $460,000 home here costs
$3,452per 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 $148,000 a year.
A standard mortgage calculator would have told you $2,508. The real number is $944 higher every month, 38% more than the payment most buyers budget for.
Compare Fayette County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Rossville from a five-year rolling sample, and with about 1,173 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 Fayette 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.
Rossville against Fayette County and Tennessee
| Measure | Rossville | Fayette County |
|---|---|---|
| Median home value | $459,800 | $316,000 |
| Median property tax | $1,732 | $1,092 |
| Effective tax rate | 0.377% | 0.346% |
| Median gross rent | — | $883 |
| Population | 1,173 | 42,653 |
The weather behind that power bill
Rossville sits in Fayette County, which averages a high of 90.4°F in its hottest month and a low of 29.9°F in its coldest, with 54.87" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,871 cooling and 3,227 heating degree days, which is what sets the $155 electricity line above.
See the full climate breakdown for Fayette County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Fayette County
Full Fayette County cost breakdown · Every county in Tennessee
Talk to someone who works this market
These are Rossville 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 Rossville every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Rossville I already own here and may sell
Common questions
How much does it cost to own a home in Rossville?
A $460,000 home in Rossville, Tennessee costs approximately $3,452 per month with 20% down at 7.24%. That is $2,508 principal and interest, $145 property tax, $194 homeowners insurance, $223 utilities and $383 set aside for maintenance.
What is the property tax rate in Rossville?
Rossville has an effective property tax rate of 0.377%, based on a median home value of $459,800 and median real estate taxes of $1,732. That is higher than the Fayette County average of 0.346%.
What is the average home price in Rossville?
The median owner-occupied home value in Rossville, Tennessee is $459,800, against $316,000 across Fayette County.
Is it cheaper to rent or buy in Rossville?
Rent data is not published for Rossville at this level of detail.
What salary do you need to buy a home in Rossville?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Rossville, Tennessee at today's rate takes a household income of roughly $148,000 a year. That covers the full $3,452 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Rossville, 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.