Housing costs in Erwin?
A typical home costs
$160,600, which is 52.5% less expensive than the national average of
$338,100 and 42.1% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Erwin costs
$740 per month, which is 30.8% cheaper than the national average of
$1,070 and 18.9% cheaper than the state average of
$880.
Can I afford Erwin?
To live comfortably in Erwin (zip 37650), Tennessee, a minimum annual income of
$30,600 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Erwin?
The cost of living in 37650 Erwin, TN is quite affordable. The average home value is just under $100,000 and the median rent is about $500 per month. Taxes are also relatively low, with property taxes below the national average and no state income tax. And utility costs are also quite reasonable, with most locals paying less than $200 a month for water, electricity, gas and other services combined. In short, if you’re looking for an affordable place to live in Tennessee that offers plenty of amenities and activities for all ages, Erwin could be a great choice.