The typical owner-occupied home in Friendsville is worth about $217,800, 24% below the Tennessee median of $286,700 and 35% below the national median of $332,700. Owners pay a median $923 a year in property taxes, about 0.42% of their home's value, lower than the Tennessee rate of 0.50%. The median household earns $69,063 a year, so the median home costs 3.2 times the median income (4.1 times for Tennessee). 78% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Friendsville at a glance
| Friendsville | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $217,800 | $286,700 | $332,700 |
| Median property tax paid per year | $923 | $1,442 | $3,119 |
| Property tax as a share of value | 0.42% | 0.50% | 0.94% |
| Median household income | $69,063 | $69,595 | $80,734 |
| Homes lived in by their owners | 78% | 67% | 65% |
| Owner homes with a mortgage | 60% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,208 | $1,566 | $1,963 |
| Those costs as a share of the owners' income | 18.6% | 19.6% | 21.0% |
| Median rent | $1,357 | $1,189 | $1,413 |
| Rent as a share of renters' income | 29.5% | 29.5% | 30.6% |
| Median year homes were built | 1970 | 1987 | 1980 |
| Vacant homes | 9.4% | 10.2% | 10.1% |
| Population | 980 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Friendsville
At this week's average 30-year rate of 7.11%, buying the median Friendsville home of $217,800 with 20% down costs about $1,339 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,702, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $57,390 for the 20%-down payment. That payment is 23% of the median Friendsville household income of $69,063; at that income and 20% down, the 28% guideline points to a home of about $262,000.
The median rent here is $1,357 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $43,560 |
|---|---|
| Loan amount | $174,240 |
| Principal and interest | $1,172 |
| Property taxes (0.42% a year) | $76 |
| Homeowners insurance (our estimate, 0.5% a year) | $91 |
| PMI | $0 |
| Total per month | $1,339 |
Change the numbers in the calculator
| Down payment | $7,623 |
|---|---|
| Loan amount | $213,855 |
| Principal and interest | $1,439 |
| Property taxes (0.42% a year) | $76 |
| Homeowners insurance (our estimate, 0.5% a year) | $91 |
| FHA mortgage insurance | $96 |
| Total per month | $1,702 |
Change the numbers in the calculator
Questions about home buying in Friendsville
What is the median home value in Friendsville?
About $217,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Friendsville?
Homeowners pay a median $923 a year, which is about 0.42% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Friendsville?
For the median home with 20% down at 7.11%, the payment is about $1,339 a month. Keeping that under 28% of gross income takes about $57,390 a year.
More about Friendsville
- Mortgage Refinance in Friendsville
- Debt Relief in Friendsville
- Home Equity Loans in Friendsville
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data