Total monthly cost of ownership
Cost to Own a Home in Surgoinsville, Tennessee
A $170,000 home here costs
$1,383per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $874. The real number is $509 higher every month — 58% 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.
Surgoinsville against Hawkins County and Tennessee
| Measure | Surgoinsville | Hawkins County |
|---|---|---|
| Median home value | $170,000 | $166,900 |
| Median property tax | $1,177 | $940 |
| Effective tax rate | 0.692% | 0.563% |
| Median gross rent | $1,013 | $744 |
| Population | 2,246 | 57,446 |
The weather behind that power bill
Surgoinsville sits in Hawkins County, which averages a high of 85.5°F in its hottest month and a low of 25.5°F in its coldest, with 48.84" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,080 cooling and 4,217 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Hawkins County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hawkins County
Full Hawkins County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Surgoinsville?
A $170,000 home in Surgoinsville, Tennessee costs approximately $1,383 per month with 20% down at 6.66%. That is $874 principal and interest, $98 property tax, $72 homeowners insurance, $198 utilities and $142 set aside for maintenance.
What is the property tax rate in Surgoinsville?
Surgoinsville has an effective property tax rate of 0.692%, based on a median home value of $170,000 and median real estate taxes of $1,177. That is higher than the Hawkins County average of 0.563%.
What is the average home price in Surgoinsville?
The median owner-occupied home value in Surgoinsville, Tennessee is $170,000, against $166,900 across Hawkins County.
Is it cheaper to rent or buy in Surgoinsville?
Median gross rent in Surgoinsville is $1,013 a month, against $1,383 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 Surgoinsville — 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.