Total monthly cost of ownership
Cost to Own a Home in White Pine, Tennessee
A $197,000 home here costs
$1,547per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,013. The real number is $534 higher every month — 53% 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.
White Pine against Hamblen County and Tennessee
| Measure | White Pine | Hamblen County |
|---|---|---|
| Median home value | $196,600 | $188,800 |
| Median property tax | $1,063 | $863 |
| Effective tax rate | 0.541% | 0.457% |
| Median gross rent | $747 | $838 |
| Population | 2,557 | 64,930 |
White Pine extends across 2 counties. Figures here use Hamblen County, where most of its housing sits.
The weather behind that power bill
White Pine sits in Hamblen County, which averages a high of 86.4°F in its hottest month and a low of 27.1°F in its coldest, with 48.14" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,251 cooling and 4,017 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Hamblen County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hamblen County
Full Hamblen County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in White Pine?
A $197,000 home in White Pine, Tennessee costs approximately $1,547 per month with 20% down at 6.66%. That is $1,013 principal and interest, $89 property tax, $83 homeowners insurance, $198 utilities and $164 set aside for maintenance.
What is the property tax rate in White Pine?
White Pine has an effective property tax rate of 0.541%, based on a median home value of $196,600 and median real estate taxes of $1,063. That is higher than the Hamblen County average of 0.457%.
What is the average home price in White Pine?
The median owner-occupied home value in White Pine, Tennessee is $196,600, against $188,800 across Hamblen County.
Is it cheaper to rent or buy in White Pine?
Median gross rent in White Pine is $747 a month, against $1,547 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 White Pine — 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.