Housing costs in Germantown?
A typical home costs
$575,400, which is 70.2% more expensive than the national average of
$338,100 and 107.4% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Germantown costs
$1,560 per month, which is 45.8% more than the national average of
$1,070 and 34.6% more than the state average of
$1,020.
Can I afford Germantown?
To live comfortably in Germantown (zip 38139), Tennessee, a minimum annual income of
$110,160 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Germantown?
The cost of living in Germantown, TN is quite reasonable compared to many other cities and towns throughout the United States. The median home value in the area is around $400,000, which is lower than the national average of $231,200. Additionally, the median household income in 38139 Germantown is approximately $102,500 annually. This is slightly higher than the national average of $71,722. All of these factors make 38139 Germantown an affordable place to live and raise a family. Groceries, transportation and utilities are all generally low cost when compared to other cities around the country. With its low unemployment rate and high median salary, Germantown remains a desirable place to call home for many people.