Housing costs in Greenback?
A typical home costs
$356,300, which is 5.4% more expensive than the national average of
$338,100 and 28.4% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Greenback costs
$1,040 per month, which is 2.8% cheaper than the national average of
$1,070 and 7.7% cheaper than the state average of
$1,120.
Can I afford Greenback?
To live comfortably in Greenback (zip 37742), Tennessee, a minimum annual income of
$68,400 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Greenback?
The cost of living in 37742 Greenback, TN is quite reasonable. The median home value is $173,400 which is below the national average. The median household income is $43,504 and the cost of housing is 16.4% lower than the rest of Tennessee. The cost of utilities such as electricity, heating, and cooling are also reasonably priced compared to the rest of the state and nation. Additionally, transportation costs are low as well due to its proximity to Knoxville which offers many public transit options. All in all, living in 37742 Greenback, TN can be quite affordable when compared to other areas across the country.