Total monthly cost of ownership
Cost to Own a Home in Whiteville, Tennessee
A $87,000 home here costs
$804per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $447. The real number is $357 higher every month — 80% 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.
Whiteville against Hardeman County and Tennessee
| Measure | Whiteville | Hardeman County |
|---|---|---|
| Median home value | $87,000 | $116,800 |
| Median property tax | $596 | $762 |
| Effective tax rate | 0.685% | 0.652% |
| Median gross rent | $905 | $818 |
| Population | 4,689 | 25,477 |
The weather behind that power bill
Whiteville sits in Hardeman County, which averages a high of 89.5°F in its hottest month and a low of 28.1°F in its coldest, with 56.14" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,652 cooling and 3,595 heating degree days, which is what sets the $130 electricity line above.
See the full climate breakdown for Hardeman County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hardeman County
Full Hardeman County cost breakdown · Every county in Tennessee
Common questions
How much does it cost to own a home in Whiteville?
A $87,000 home in Whiteville, Tennessee costs approximately $804 per month with 20% down at 6.66%. That is $447 principal and interest, $50 property tax, $37 homeowners insurance, $198 utilities and $73 set aside for maintenance.
What is the property tax rate in Whiteville?
Whiteville has an effective property tax rate of 0.685%, based on a median home value of $87,000 and median real estate taxes of $596. That is higher than the Hardeman County average of 0.652%.
What is the average home price in Whiteville?
The median owner-occupied home value in Whiteville, Tennessee is $87,000, against $116,800 across Hardeman County.
Is it cheaper to rent or buy in Whiteville?
Median gross rent in Whiteville is $905 a month, against $804 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Whiteville — 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.