Housing costs in Waverly?
A typical home costs
$185,200, which is 45.2% less expensive than the national average of
$338,100 and 33.2% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Waverly 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 Waverly?
To live comfortably in Waverly (zip 37185), Tennessee, a minimum annual income of
$35,640 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Waverly?
The cost of living in 37185 Waverly, TN is relatively low compared to other places in the country. The city has an average home value of $94,200, and the median household income is $41,415. This indicates that while wages may be lower than some other cities, a family can still live comfortably on one salary. Other costs such as transportation and food are also lower than the national average which helps to keep overall expenses down. Additionally, there is no state income tax which could have an impact on how much money people have to spend on everyday items each month.