Housing costs in Loudon?
A typical home costs
$415,700, which is 23.0% more expensive than the national average of
$338,100 and 49.9% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Loudon 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 Loudon?
To live comfortably in Loudon (zip 37774), Tennessee, a minimum annual income of
$79,560 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Loudon?
The cost of living in 37774 Loudon, TN is relatively affordable compared to other areas in the U.S. The median home value is just over $130,000, and the median household income is about $47,000. Renting a two-bedroom apartment or house will typically cost around $750 per month plus utilities. Groceries are slightly cheaper than the national average, while transportation costs are slightly higher due to a lack of public transit options. Overall, 37774 Loudon is an affordable place to live for individuals and families looking for a small-town lifestyle with access to big city amenities.