The typical owner-occupied home in Maury City is worth about $78,900, 72% below the Tennessee median of $286,700 and 76% below the national median of $332,700. Owners pay a median $529 a year in property taxes, about 0.67% of their home's value, higher than the Tennessee rate of 0.50%. The median household earns $65,318 a year, so the median home costs 1.2 times the median income (4.1 times for Tennessee). 70% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.
Maury City at a glance
| Maury City | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $78,900 | $286,700 | $332,700 |
| Median property tax paid per year | $529 | $1,442 | $3,119 |
| Property tax as a share of value | 0.67% | 0.50% | 0.94% |
| Median household income | $65,318 | $69,595 | $80,734 |
| Homes lived in by their owners | 70% | 67% | 65% |
| Owner homes with a mortgage | 33% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $986 | $1,566 | $1,963 |
| Those costs as a share of the owners' income | 20.1% | 19.6% | 21.0% |
| Median rent | $864 | $1,189 | $1,413 |
| Rent as a share of renters' income | 19.1% | 29.5% | 30.6% |
| Median year homes were built | 1971 | 1987 | 1980 |
| Vacant homes | 12.7% | 10.2% | 10.1% |
| Population | 683 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Maury City
At this week's average 30-year rate of 7.11%, buying the median Maury City home of $78,900 with 20% down costs about $502 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $633, 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 $21,495 for the 20%-down payment. That payment is 9% of the median Maury City household income of $65,318; at that income and 20% down, the 28% guideline points to a home of about $240,000.
The median rent here is $864 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $15,780 |
|---|---|
| Loan amount | $63,120 |
| Principal and interest | $425 |
| Property taxes (0.67% a year) | $44 |
| Homeowners insurance (our estimate, 0.5% a year) | $33 |
| PMI | $0 |
| Total per month | $502 |
Change the numbers in the calculator
| Down payment | $2,762 |
|---|---|
| Loan amount | $77,471 |
| Principal and interest | $521 |
| Property taxes (0.67% a year) | $44 |
| Homeowners insurance (our estimate, 0.5% a year) | $33 |
| FHA mortgage insurance | $35 |
| Total per month | $633 |
Change the numbers in the calculator
Questions about home buying in Maury City
What is the median home value in Maury City?
About $78,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Maury City?
Homeowners pay a median $529 a year, which is about 0.67% 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 Maury City?
For the median home with 20% down at 7.11%, the payment is about $502 a month. Keeping that under 28% of gross income takes about $21,495 a year.
More about Maury City
- Mortgage Refinance in Maury City
- Debt Relief in Maury City
- Home Equity Loans in Maury City
- 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