Income needed to buy a home
Hamilton County, TN
$115,105
a year in household income to buy the typical Hamilton County home with 10% down.
The monthly math
Typical home value$352,207
Down payment (10%)$35,221
Loan$316,986
Principal and interest (7.40%)$2,195/mo
Property tax (0.62% a year)$183/mo
Homeowners insurance (estimate)$176/mo
Mortgage insurance$132/mo
Total monthly cost$2,686/mo
Income needed keeps housing at 28% of gross income, the lender rule of thumb.
What locals earn
Far off
The typical household here earns $76,183 a year, 66% of what it takes.
In Tennessee
Hamilton County ranks #80 of 95 for the income a home takes, from least to most.
Easiest to afford in Tennessee
| County | Typical home | Income needed |
|---|---|---|
| Lake County | $114,150 | $37,705 |
| Lauderdale County | $141,988 | $46,642 |
| Hardeman County | $163,972 | $53,330 |
| Chester County | $168,713 | $54,432 |
| Obion County | $169,585 | $54,635 |
Typical home value from the Zillow Home Value Index, August 2026. Rate is the Freddie Mac 30-year average for Oct 8, 2026. Property tax rate is total taxes paid divided by total home value in the county (U.S. Census, ACS 2020-2024). How it works.