Housing costs in Henry?
A typical home costs
$150,600, which is 55.5% less expensive than the national average of
$338,100 and 45.7% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Henry costs
$740 per month, which is 30.8% cheaper than the national average of
$1,070 and 2.7% cheaper than the state average of
$760.
Can I afford Henry?
To live comfortably in Henry (zip 38231), Tennessee, a minimum annual income of
$28,800 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Henry?
Living in 38231 Henry, TN is relatively affordable. The median home cost is just under $100,000, and the cost of living index is slightly below the national average. Rental prices are also very reasonable, with a one-bedroom apartment averaging around $500 a month. Utilities are also low cost, with electricity and gas rates both being lower than the national average. In addition, food prices and other basic necessities tend to be less expensive compared to some other cities in the United States. All of these factors combine to make living in 38231 Henry, TN an affordable option for those looking for a more laid-back lifestyle.