Housing costs in Gallaway?
A typical home costs
$195,800, which is 42.1% less expensive than the national average of
$338,100 and 29.4% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Gallaway costs
$830 per month, which is 22.4% cheaper than the national average of
$1,070 and 22.9% cheaper than the state average of
$1,020.
Can I afford Gallaway?
To live comfortably in Gallaway (zip 38036), Tennessee, a minimum annual income of
$37,440 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Gallaway?
The cost of living in 38036 Gallaway, TN is very affordable. The median home price in Gallaway is around $130,000, significantly lower than both the Tennessee and national averages. The median household income is also quite low, at around $34,000 per year. This means that it's possible to enjoy a comfortable lifestyle while still being able to save money due to the low cost of living in the area. Other expenses such as utilities and groceries are also relatively low compared to other areas of the country. All of these factors make 38036 Gallaway, TN an ideal location for those looking for a more affordable life.