Housing costs in Morristown?
A typical home costs
$167,700, which is 50.4% less expensive than the national average of
$338,100 and 39.5% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Morristown costs
$830 per month, which is 22.4% cheaper than the national average of
$1,070 and close to the state average of
$820.
Can I afford Morristown?
To live comfortably in Morristown (zip 37813), Tennessee, a minimum annual income of
$32,040 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Morristown?
The cost of living in 37813 Morristown, TN is relatively affordable. In comparison to the national average, many people find that they are able to get more for their money here than in other cities. The cost of housing is very reasonable and the median home value is around $113,000. Additionally, utilities and transportation costs are quite low when compared to other areas in the state. This combination of affordability makes 37813 Morristown a great option for those looking to move or relocate in Tennessee.