The typical owner-occupied home in Kingston is worth about $220,000, 23% below the Tennessee median of $286,700 and 34% below the national median of $332,700. Owners pay a median $1,458 a year in property taxes, about 0.66% of their home's value, higher than the Tennessee rate of 0.50%. The median household earns $71,675 a year, so the median home costs 3.1 times the median income (4.1 times for Tennessee). 78% of occupied homes here are lived in by their owners, and 55% of those owners still have a mortgage.
Kingston at a glance
| Kingston | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $220,000 | $286,700 | $332,700 |
| Median property tax paid per year | $1,458 | $1,442 | $3,119 |
| Property tax as a share of value | 0.66% | 0.50% | 0.94% |
| Median household income | $71,675 | $69,595 | $80,734 |
| Homes lived in by their owners | 78% | 67% | 65% |
| Owner homes with a mortgage | 55% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,441 | $1,566 | $1,963 |
| Those costs as a share of the owners' income | 19.0% | 19.6% | 21.0% |
| Median rent | $716 | $1,189 | $1,413 |
| Rent as a share of renters' income | 34.8% | 29.5% | 30.6% |
| Median year homes were built | 1976 | 1987 | 1980 |
| Vacant homes | 5.7% | 10.2% | 10.1% |
| Population | 6,224 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Kingston
At this week's average 30-year rate of 7.11%, buying the median Kingston home of $220,000 with 20% down costs about $1,397 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,763, 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 $59,856 for the 20%-down payment. That payment is 23% of the median Kingston household income of $71,675; at that income and 20% down, the 28% guideline points to a home of about $263,000.
The median rent here is $716 a month, so owning the median home costs about $681 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $44,000 |
|---|---|
| Loan amount | $176,000 |
| Principal and interest | $1,184 |
| Property taxes (0.66% a year) | $121 |
| Homeowners insurance (our estimate, 0.5% a year) | $92 |
| PMI | $0 |
| Total per month | $1,397 |
Change the numbers in the calculator
| Down payment | $7,700 |
|---|---|
| Loan amount | $216,015 |
| Principal and interest | $1,453 |
| Property taxes (0.66% a year) | $121 |
| Homeowners insurance (our estimate, 0.5% a year) | $92 |
| FHA mortgage insurance | $97 |
| Total per month | $1,763 |
Change the numbers in the calculator
Questions about home buying in Kingston
What is the median home value in Kingston?
About $220,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kingston?
Homeowners pay a median $1,458 a year, which is about 0.66% 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 Kingston?
For the median home with 20% down at 7.11%, the payment is about $1,397 a month. Keeping that under 28% of gross income takes about $59,856 a year.
More about Kingston
- Mortgage Refinance in Kingston
- Debt Relief in Kingston
- Home Equity Loans in Kingston
- 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