The typical owner-occupied home in Vonore is worth about $290,900, about the same as the Tennessee median of $286,700 and 13% below the national median of $332,700. Owners pay a median $1,341 a year in property taxes, about 0.46% of their home's value, lower than the Tennessee rate of 0.50%. The median household earns $58,317 a year, so the median home costs 5.0 times the median income (4.1 times for Tennessee). 54% of occupied homes here are lived in by their owners, and 55% of those owners still have a mortgage.
Vonore at a glance
| Vonore | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $290,900 | $286,700 | $332,700 |
| Median property tax paid per year | $1,341 | $1,442 | $3,119 |
| Property tax as a share of value | 0.46% | 0.50% | 0.94% |
| Median household income | $58,317 | $69,595 | $80,734 |
| Homes lived in by their owners | 54% | 67% | 65% |
| Owner homes with a mortgage | 55% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,298 | $1,566 | $1,963 |
| Those costs as a share of the owners' income | 16.2% | 19.6% | 21.0% |
| Median rent | $1,086 | $1,189 | $1,413 |
| Rent as a share of renters' income | 32.3% | 29.5% | 30.6% |
| Median year homes were built | 1991 | 1987 | 1980 |
| Vacant homes | 4.3% | 10.2% | 10.1% |
| Population | 2,191 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Vonore
At this week's average 30-year rate of 7.11%, buying the median Vonore home of $290,900 with 20% down costs about $1,798 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,283, 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 $77,067 for the 20%-down payment. That payment is 37% of the median Vonore household income of $58,317; at that income and 20% down, the 28% guideline points to a home of about $220,000.
The median rent here is $1,086 a month, so owning the median home costs about $712 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $58,180 |
|---|---|
| Loan amount | $232,720 |
| Principal and interest | $1,566 |
| Property taxes (0.46% a year) | $112 |
| Homeowners insurance (our estimate, 0.5% a year) | $121 |
| PMI | $0 |
| Total per month | $1,798 |
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| Down payment | $10,182 |
|---|---|
| Loan amount | $285,631 |
| Principal and interest | $1,921 |
| Property taxes (0.46% a year) | $112 |
| Homeowners insurance (our estimate, 0.5% a year) | $121 |
| FHA mortgage insurance | $129 |
| Total per month | $2,283 |
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Questions about home buying in Vonore
What is the median home value in Vonore?
About $290,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Vonore?
Homeowners pay a median $1,341 a year, which is about 0.46% 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 Vonore?
For the median home with 20% down at 7.11%, the payment is about $1,798 a month. Keeping that under 28% of gross income takes about $77,067 a year.
More about Vonore
- Mortgage Refinance in Vonore
- Debt Relief in Vonore
- Home Equity Loans in Vonore
- 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