Housing costs in Ooltewah?
A typical home costs
$386,100, which is 14.2% more expensive than the national average of
$338,100 and 39.2% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Ooltewah costs
$1,320 per month, which is 7.7% cheaper than the national average of
$1,430 and 18.9% more than the state average of
$1,070.
Can I afford Ooltewah?
To live comfortably in Ooltewah, Tennessee, a minimum annual income of
$73,800 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Ooltewah?
The cost of living in Ooltewah, TN is relatively low compared to other parts of the state and country. The median home price in Ooltewah is around $235,000, which is significantly lower than other areas around the United States. Other costs in the area are also reasonably priced such as utilities, groceries, transportation costs, and health care. In addition, the local tax rate is one of the lowest in Tennessee at 7%. This makes Ooltewah an attractive investment for individuals looking to relocate or retire in a budget-friendly area with a growing community and plenty of amenities to enjoy.