Housing costs in Washburn?
A typical home costs
$188,300, which is 44.3% less expensive than the national average of
$338,100 and 32.1% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Washburn costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 27.4% cheaper than the state average of
$1,070.
Can I afford Washburn?
To live comfortably in Washburn (zip 37888), Tennessee, a minimum annual income of
$36,000 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Washburn?
The cost of living in 37888 Washburn, TN is relatively low compared to other cities in the United States. According to Best Places, the cost of living index for Washburn is 80.5, which is more than 20 points lower than the average score of 100. This means that everyday expenses such as groceries, healthcare, and housing are all significantly cheaper than most other places in the country. In addition, taxes are also quite low, with a property tax rate of 0.89% and no state income tax at all. All these factors contribute to making 37888 Washburn an affordable place to live for families and individuals alike.