Housing costs in Iron City?
A typical home costs
$164,700, which is 51.3% less expensive than the national average of
$338,100 and 40.6% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Iron City costs
$780 per month, which is 27.1% cheaper than the national average of
$1,070 and close to the state average of
$770.
Can I afford Iron City?
To live comfortably in Iron City (zip 38463), Tennessee, a minimum annual income of
$31,680 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Iron City?
Iron City, TN is a great place to live with a cost of living that is lower than the national average. The median household income in this area is around $39,000 and the median home value is just over $95,000. For those looking to rent a property, the average monthly rent for a one-bedroom apartment is around $657 per month. Overall, Iron City offers residents affordable housing options and basic necessities at prices below the national average. Groceries, transportation costs and utilities are all quite reasonable compared to other areas of the country.