Total monthly cost of ownership
Cost to Own a Home in Spring Hill, Tennessee
A $452,000 home here costs
$3,271per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,324. The real number is $947 higher every month — 41% 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.
Spring Hill against Williamson County and Tennessee
| Measure | Spring Hill | Williamson County |
|---|---|---|
| Median home value | $452,400 | $673,700 |
| Median property tax | $2,190 | $2,891 |
| Effective tax rate | 0.484% | 0.429% |
| Median gross rent | $1,738 | $1,895 |
| Population | 53,585 | 254,609 |
Spring Hill extends across 2 counties. Figures here use Williamson County, where most of its housing sits.
The weather behind that power bill
Spring Hill sits in Williamson County, which averages a high of 90.8°F in its hottest month and a low of 28.6°F in its coldest, with 53.79" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,686 cooling and 3,601 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Williamson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Williamson County
Full Williamson County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Spring Hill?
A $452,000 home in Spring Hill, Tennessee costs approximately $3,271 per month with 20% down at 6.66%. That is $2,324 principal and interest, $182 property tax, $190 homeowners insurance, $198 utilities and $377 set aside for maintenance.
What is the property tax rate in Spring Hill?
Spring Hill has an effective property tax rate of 0.484%, based on a median home value of $452,400 and median real estate taxes of $2,190. That is higher than the Williamson County average of 0.429%.
What is the average home price in Spring Hill?
The median owner-occupied home value in Spring Hill, Tennessee is $452,400, against $673,700 across Williamson County.
Is it cheaper to rent or buy in Spring Hill?
Median gross rent in Spring Hill is $1,738 a month, against $3,271 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 Spring 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.