Housing costs in Millington?
A typical home costs
$224,600, which is 33.6% less expensive than the national average of
$338,100 and 19.0% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Millington costs
$1,020 per month, which is 4.7% cheaper than the national average of
$1,070 and close to the state average of
$1,020.
Can I afford Millington?
To live comfortably in Millington (zip 38053), Tennessee, a minimum annual income of
$43,200 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Millington?
The cost of living in 38053 Millington, TN is very affordable. The median home value is $122,000, which is well below the national average. This makes it a great option for people looking to live in a nice area without paying too much. Additionally, the monthly utility costs are relatively low compared to other cities and towns in the state of Tennessee. Additionally, Millington boasts a low unemployment rate and many job opportunities in the surrounding area, making it an ideal place to settle down and start a family.