The typical owner-occupied home in Hickman is worth about $432,400, 51% above the Tennessee median of $286,700 and 30% above the national median of $332,700. Owners pay a median $1,336 a year in property taxes, about 0.31% of their home's value, lower than the Tennessee rate of 0.50%. 79% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
Hickman at a glance
| Hickman | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $432,400 | $286,700 | $332,700 |
| Median property tax paid per year | $1,336 | $1,442 | $3,119 |
| Property tax as a share of value | 0.31% | 0.50% | 0.94% |
| Median household income | – | $69,595 | $80,734 |
| Homes lived in by their owners | 79% | 67% | 65% |
| Owner homes with a mortgage | 66% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,894 | $1,566 | $1,963 |
| Those costs as a share of the owners' income | 21.9% | 19.6% | 21.0% |
| Median rent | – | $1,189 | $1,413 |
| Median year homes were built | 1970 | 1987 | 1980 |
| Vacant homes | 27.6% | 10.2% | 10.1% |
| Population | 276 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Hickman
At this week's average 30-year rate of 7.11%, buying the median Hickman home of $432,400 with 20% down costs about $2,619 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,339, 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 $112,239 for the 20%-down payment.
| Down payment | $86,480 |
|---|---|
| Loan amount | $345,920 |
| Principal and interest | $2,327 |
| Property taxes (0.31% a year) | $112 |
| Homeowners insurance (our estimate, 0.5% a year) | $180 |
| PMI | $0 |
| Total per month | $2,619 |
Change the numbers in the calculator
| Down payment | $15,134 |
|---|---|
| Loan amount | $424,568 |
| Principal and interest | $2,856 |
| Property taxes (0.31% a year) | $112 |
| Homeowners insurance (our estimate, 0.5% a year) | $180 |
| FHA mortgage insurance | $191 |
| Total per month | $3,339 |
Change the numbers in the calculator
Questions about home buying in Hickman
What is the median home value in Hickman?
About $432,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hickman?
Homeowners pay a median $1,336 a year, which is about 0.31% 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 Hickman?
For the median home with 20% down at 7.11%, the payment is about $2,619 a month. Keeping that under 28% of gross income takes about $112,239 a year.
More about Hickman
- Mortgage Refinance in Hickman
- Debt Relief in Hickman
- Home Equity Loans in Hickman
- 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