The typical owner-occupied home in Clarkrange is worth about $326,800, 14% above the Tennessee median of $286,700 and about the same as the national median of $332,700. Owners pay a median $602 a year in property taxes, about 0.18% of their home's value, lower than the Tennessee rate of 0.50%. 93% of occupied homes here are lived in by their owners, and 26% of those owners still have a mortgage.
Clarkrange at a glance
| Clarkrange | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $326,800 | $286,700 | $332,700 |
| Median property tax paid per year | $602 | $1,442 | $3,119 |
| Property tax as a share of value | 0.18% | 0.50% | 0.94% |
| Median household income | – | $69,595 | $80,734 |
| Homes lived in by their owners | 93% | 67% | 65% |
| Owner homes with a mortgage | 26% | 58% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,566 | $1,963 |
| Median rent | – | $1,189 | $1,413 |
| Median year homes were built | 1965 | 1987 | 1980 |
| Vacant homes | 0.0% | 10.2% | 10.1% |
| Population | 554 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Clarkrange
At this week's average 30-year rate of 7.11%, buying the median Clarkrange home of $326,800 with 20% down costs about $1,944 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,488, 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 $83,310 for the 20%-down payment.
| Down payment | $65,360 |
|---|---|
| Loan amount | $261,440 |
| Principal and interest | $1,759 |
| Property taxes (0.18% a year) | $49 |
| Homeowners insurance (our estimate, 0.5% a year) | $136 |
| PMI | $0 |
| Total per month | $1,944 |
Change the numbers in the calculator
| Down payment | $11,438 |
|---|---|
| Loan amount | $320,881 |
| Principal and interest | $2,159 |
| Property taxes (0.18% a year) | $49 |
| Homeowners insurance (our estimate, 0.5% a year) | $136 |
| FHA mortgage insurance | $145 |
| Total per month | $2,488 |
Change the numbers in the calculator
Questions about home buying in Clarkrange
What is the median home value in Clarkrange?
About $326,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Clarkrange?
Homeowners pay a median $602 a year, which is about 0.18% 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 Clarkrange?
For the median home with 20% down at 7.11%, the payment is about $1,944 a month. Keeping that under 28% of gross income takes about $83,310 a year.
More about Clarkrange
- Mortgage Refinance in Clarkrange
- Debt Relief in Clarkrange
- Home Equity Loans in Clarkrange
- 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