Housing costs in Five Points?
A typical home costs
$184,800, which is 45.3% less expensive than the national average of
$338,100 and 33.4% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Five Points costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 42.7% cheaper than the state average of
$1,070.
Can I afford Five Points?
To live comfortably in Five Points (zip 38457), Tennessee, a minimum annual income of
$35,280 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Five Points?
The cost of living in 38457 Five Points, TN is relatively low compared to other parts of the country. The median home value is much lower than the national median at around $84,000 and the median household income is slightly less than the national average at around $39,700. Groceries, utilities, and healthcare costs are all quite reasonable as well, making it a great place to live for those on a budget or trying to stretch their dollars further. Additionally, there are no state income taxes in Tennessee which can save residents a good amount of money over time.