The typical owner-occupied home in Adams is worth about $258,900, 10% below the Tennessee median of $286,700 and 22% below the national median of $332,700. Owners pay a median $913 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 $75,000 a year, so the median home costs 3.5 times the median income (4.1 times for Tennessee). 91% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.
Adams at a glance
| Adams | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $258,900 | $286,700 | $332,700 |
| Median property tax paid per year | $913 | $1,442 | $3,119 |
| Property tax as a share of value | 0.35% | 0.50% | 0.94% |
| Median household income | $75,000 | $69,595 | $80,734 |
| Homes lived in by their owners | 91% | 67% | 65% |
| Owner homes with a mortgage | 57% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,317 | $1,566 | $1,963 |
| Those costs as a share of the owners' income | 23.9% | 19.6% | 21.0% |
| Median rent | $1,150 | $1,189 | $1,413 |
| Rent as a share of renters' income | 42.3% | 29.5% | 30.6% |
| Median year homes were built | 1971 | 1987 | 1980 |
| Vacant homes | 7.4% | 10.2% | 10.1% |
| Population | 888 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Adams
At this week's average 30-year rate of 7.11%, buying the median Adams home of $258,900 with 20% down costs about $1,577 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,008, 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 $67,573 for the 20%-down payment. That payment is 25% of the median Adams household income of $75,000; at that income and 20% down, the 28% guideline points to a home of about $287,000.
The median rent here is $1,150 a month, so owning the median home costs about $427 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $51,780 |
|---|---|
| Loan amount | $207,120 |
| Principal and interest | $1,393 |
| Property taxes (0.35% a year) | $76 |
| Homeowners insurance (our estimate, 0.5% a year) | $108 |
| PMI | $0 |
| Total per month | $1,577 |
Change the numbers in the calculator
| Down payment | $9,062 |
|---|---|
| Loan amount | $254,211 |
| Principal and interest | $1,710 |
| Property taxes (0.35% a year) | $76 |
| Homeowners insurance (our estimate, 0.5% a year) | $108 |
| FHA mortgage insurance | $115 |
| Total per month | $2,008 |
Change the numbers in the calculator
Questions about home buying in Adams
What is the median home value in Adams?
About $258,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Adams?
Homeowners pay a median $913 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 Adams?
For the median home with 20% down at 7.11%, the payment is about $1,577 a month. Keeping that under 28% of gross income takes about $67,573 a year.
More about Adams
- Mortgage Refinance in Adams
- Debt Relief in Adams
- Home Equity Loans in Adams
- 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