The typical owner-occupied home in Crossville is worth about $246,300, 14% below the Tennessee median of $286,700 and 26% below the national median of $332,700. Owners pay a median $857 a year in property taxes, about 0.35% of their home's value, lower than the Tennessee rate of 0.50%. The median household earns $48,802 a year, so the median home costs 5.0 times the median income (4.1 times for Tennessee). 51% of occupied homes here are lived in by their owners, and 52% of those owners still have a mortgage.
Crossville at a glance
| Crossville | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $246,300 | $286,700 | $332,700 |
| Median property tax paid per year | $857 | $1,442 | $3,119 |
| Property tax as a share of value | 0.35% | 0.50% | 0.94% |
| Median household income | $48,802 | $69,595 | $80,734 |
| Homes lived in by their owners | 51% | 67% | 65% |
| Owner homes with a mortgage | 52% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,174 | $1,566 | $1,963 |
| Those costs as a share of the owners' income | 19.3% | 19.6% | 21.0% |
| Median rent | $815 | $1,189 | $1,413 |
| Rent as a share of renters' income | 25.1% | 29.5% | 30.6% |
| Median year homes were built | 1992 | 1987 | 1980 |
| Vacant homes | 6.3% | 10.2% | 10.1% |
| Population | 12,428 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Crossville
At this week's average 30-year rate of 7.11%, buying the median Crossville home of $246,300 with 20% down costs about $1,500 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,910, 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 $64,284 for the 20%-down payment. That payment is 37% of the median Crossville household income of $48,802; at that income and 20% down, the 28% guideline points to a home of about $187,000.
The median rent here is $815 a month, so owning the median home costs about $685 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $49,260 |
|---|---|
| Loan amount | $197,040 |
| Principal and interest | $1,326 |
| Property taxes (0.35% a year) | $72 |
| Homeowners insurance (our estimate, 0.5% a year) | $103 |
| PMI | $0 |
| Total per month | $1,500 |
Change the numbers in the calculator
| Down payment | $8,620 |
|---|---|
| Loan amount | $241,839 |
| Principal and interest | $1,627 |
| Property taxes (0.35% a year) | $72 |
| Homeowners insurance (our estimate, 0.5% a year) | $103 |
| FHA mortgage insurance | $109 |
| Total per month | $1,910 |
Change the numbers in the calculator
Questions about home buying in Crossville
What is the median home value in Crossville?
About $246,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Crossville?
Homeowners pay a median $857 a year, which is about 0.35% 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 Crossville?
For the median home with 20% down at 7.11%, the payment is about $1,500 a month. Keeping that under 28% of gross income takes about $64,284 a year.
More about Crossville
- Mortgage Refinance in Crossville
- Debt Relief in Crossville
- Home Equity Loans in Crossville
- 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