Ranked from ACS 2023 5-Year
Cheapest Counties to Own a Home Outright in Tennessee
Paying off a mortgage does not end the cost of a house. This ranks counties by what the median home still costs every month with no loan at all: property tax, insurance, electricity, water and maintenance. Nowhere in America is it zero.
Where does yours land?
Every county in America is somewhere on this scale, including the one you live in.
Tennessee ranked
| # | County | Monthly if paid off | Median home | Effective rate |
|---|---|---|---|---|
| 1 | Hancock County | $419 | $118,000 | 0.452% |
| 2 | Lake County | $424 | $107,000 | 0.708% |
| 3 | Perry County | $424 | $113,800 | 0.580% |
| 4 | Scott County | $424 | $116,800 | 0.527% |
| 5 | Hardeman County | $436 | $116,800 | 0.652% |
| 6 | Obion County | $438 | $122,700 | 0.568% |
| 7 | Grundy County | $440 | $133,400 | 0.422% |
| 8 | Benton County | $441 | $123,400 | 0.581% |
| 9 | Wayne County | $442 | $126,600 | 0.539% |
| 10 | Lauderdale County | $447 | $122,100 | 0.662% |
| 11 | Carroll County | $447 | $122,100 | 0.663% |
| 12 | Haywood County | $447 | $119,600 | 0.714% |
| 13 | Decatur County | $449 | $133,900 | 0.488% |
| 14 | Jackson County | $452 | $135,200 | 0.496% |
| 15 | Weakley County | $459 | $136,300 | 0.541% |
| 16 | Fentress County | $460 | $151,800 | 0.342% |
| 17 | Polk County | $462 | $136,400 | 0.565% |
| 18 | Van Buren County | $463 | $149,200 | 0.399% |
| 19 | McNairy County | $465 | $151,100 | 0.390% |
| 20 | Crockett County | $466 | $134,100 | 0.645% |
| 21 | Henry County | $467 | $145,200 | 0.482% |
| 22 | Clay County | $468 | $136,900 | 0.614% |
| 23 | Claiborne County | $473 | $148,000 | 0.492% |
| 24 | Hardin County | $475 | $154,000 | 0.432% |
| 25 | Morgan County | $477 | $144,000 | 0.581% |
| 26 | Cocke County | $480 | $141,800 | 0.642% |
| 27 | Pickett County | $480 | $162,200 | 0.374% |
| 28 | Henderson County | $483 | $156,000 | 0.469% |
| 29 | Houston County | $486 | $150,100 | 0.574% |
| 30 | Bledsoe County | $490 | $165,400 | 0.406% |
| 31 | Lewis County | $490 | $157,800 | 0.504% |
| 32 | Chester County | $491 | $155,200 | 0.539% |
| 33 | Carter County | $493 | $157,200 | 0.530% |
| 34 | Campbell County | $493 | $169,500 | 0.384% |
| 35 | Overton County | $498 | $171,700 | 0.394% |
| 36 | Gibson County | $499 | $149,700 | 0.679% |
| 37 | Johnson County | $502 | $175,500 | 0.383% |
| 38 | Dyer County | $507 | $159,500 | 0.606% |
| 39 | Marion County | $508 | $173,600 | 0.444% |
| 40 | Warren County | $509 | $173,900 | 0.447% |
| 41 | Hawkins County | $514 | $166,900 | 0.563% |
| 42 | Grainger County | $514 | $172,000 | 0.506% |
| 43 | Unicoi County | $517 | $168,200 | 0.571% |
| 44 | Rhea County | $519 | $178,500 | 0.462% |
| 45 | Meigs County | $519 | $185,500 | 0.392% |
| 46 | Union County | $520 | $186,300 | 0.386% |
| 47 | McMinn County | $524 | $190,400 | 0.371% |
| 48 | Lawrence County | $526 | $176,700 | 0.532% |
| 49 | Greene County | $527 | $186,400 | 0.431% |
| 50 | White County | $532 | $190,200 | 0.425% |
| 51 | Stewart County | $535 | $182,700 | 0.521% |
| 52 | Hamblen County | $535 | $188,800 | 0.457% |
| 53 | Humphreys County | $535 | $186,900 | 0.479% |
| 54 | DeKalb County | $548 | $206,600 | 0.362% |
| 55 | Monroe County | $551 | $199,700 | 0.444% |
| 56 | Hickman County | $558 | $192,000 | 0.567% |
| 57 | Madison County | $561 | $189,700 | 0.612% |
| 58 | Giles County | $562 | $204,100 | 0.467% |
| 59 | Macon County | $563 | $211,200 | 0.406% |
| 60 | Sullivan County | $566 | $190,800 | 0.632% |
| 61 | Cumberland County | $570 | $228,000 | 0.307% |
| 62 | Lincoln County | $571 | $209,100 | 0.474% |
| 63 | Jefferson County | $572 | $210,000 | 0.471% |
| 64 | Sequatchie County | $582 | $217,800 | 0.453% |
| 65 | Roane County | $590 | $212,300 | 0.552% |
| 66 | Smith County | $595 | $224,500 | 0.466% |
| 67 | Franklin County | $598 | $215,700 | 0.565% |
| 68 | Tipton County | $599 | $220,100 | 0.526% |
| 69 | Cannon County | $603 | $227,600 | 0.479% |
| 70 | Anderson County | $608 | $215,800 | 0.618% |
| 71 | Bradley County | $614 | $230,800 | 0.509% |
| 72 | Sevier County | $620 | $259,500 | 0.314% |
| 73 | Washington County | $623 | $231,700 | 0.552% |
| 74 | Coffee County | $626 | $227,300 | 0.606% |
| 75 | Putnam County | $644 | $246,800 | 0.526% |
| 76 | Marshall County | $646 | $246,100 | 0.542% |
| 77 | Bedford County | $653 | $255,300 | 0.499% |
| 78 | Moore County | $656 | $259,300 | 0.483% |
| 79 | Montgomery County | $677 | $248,300 | 0.673% |
| 80 | Dickson County | $682 | $272,700 | 0.502% |
| 81 | Trousdale County | $682 | $284,100 | 0.422% |
| 82 | Blount County | $688 | $275,700 | 0.503% |
| 83 | Knox County | $688 | $279,700 | 0.476% |
| 84 | Loudon County | $690 | $292,600 | 0.397% |
| 85 | Shelby County | $712 | $229,700 | 1.034% |
| 86 | Fayette County | $714 | $316,000 | 0.346% |
| 87 | Cheatham County | $715 | $291,400 | 0.508% |
| 88 | Robertson County | $727 | $296,700 | 0.521% |
| 89 | Maury County | $735 | $307,500 | 0.480% |
| 90 | Hamilton County | $737 | $282,100 | 0.669% |
| 91 | Rutherford County | $807 | $346,400 | 0.507% |
| 92 | Sumner County | $845 | $364,000 | 0.534% |
| 93 | Wilson County | $869 | $397,000 | 0.439% |
| 94 | Davidson County | $910 | $386,600 | 0.618% |
| 95 | Williamson County | $1,312 | $673,700 | 0.429% |
Every figure is modelled on the county's own median home with 20% down at 7.03%. Property tax and electricity are county and state specific; homeowners insurance uses the NAIC average premium for that state, which ranges from 0.16% of home value in Hawaii to 1.16% in Oklahoma. Maintenance and water are national estimates. Full methodology.
Nationwide
Cheapest Counties to Own a Home Outright across all 3,133 US counties · Every county in Tennessee