Housing costs in Lenox?
A typical home costs
$139,800, which is 58.7% less expensive than the national average of
$338,100 and 49.6% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Lenox costs
$750 per month, which is 47.6% cheaper than the national average of
$1,430 and 42.7% cheaper than the state average of
$1,070.
Can I afford Lenox?
To live comfortably in Lenox (zip 38047), Tennessee, a minimum annual income of
$26,640 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Lenox?
The cost of living in 38047 Lenox, TN is relatively inexpensive compared to other areas in the country. The average home costs around $90,000 and the median household income is $48,707. The housing prices in this area are quite affordable and there are plenty of amenities and activities nearby ranging from outdoor recreation, shopping, dining, entertainment, and more. Additionally, the taxes here are lower than many other places in the same region. All of these factors make 38047 Lenox a great place to call home for those looking for a budget-friendly area with plenty of opportunities for exploration.