Housing costs in La Follette?
A typical home costs
$189,900, which is 43.8% less expensive than the national average of
$338,100 and 31.5% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in La Follette costs
$860 per month, which is 19.6% cheaper than the national average of
$1,070 and 30.2% cheaper than the state average of
$1,120.
Can I afford La Follette?
To live comfortably in La Follette (zip 37766), Tennessee, a minimum annual income of
$36,360 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about La Follette?
The cost of living in 37766 La Follette, TN is quite affordable. According to the most recent figures from the US Census Bureau, the median household income for this area is around $37,971 which is significantly lower than the national average of $60,293. Additionally, housing costs are quite low with an average median home price of approximately $131,500 and monthly rent costs averaging around $780. The overall cost of living index for this area is also considerably lower than the national average at 85.3 versus 100 for the nation as a whole. This makes La Follette a great location for those looking to save money while still enjoying all that Tennessee and the surrounding areas have to offer.