The typical owner-occupied home in Doyle is worth about $164,300, 43% below the Tennessee median of $286,700 and 51% below the national median of $332,700. Owners pay a median $505 a year in property taxes, about 0.31% of their home's value, lower than the Tennessee rate of 0.50%. The median household earns $39,808 a year, so the median home costs 4.1 times the median income (4.1 times for Tennessee). 65% of occupied homes here are lived in by their owners, and 52% of those owners still have a mortgage.
Doyle at a glance
| Doyle | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $164,300 | $286,700 | $332,700 |
| Median property tax paid per year | $505 | $1,442 | $3,119 |
| Property tax as a share of value | 0.31% | 0.50% | 0.94% |
| Median household income | $39,808 | $69,595 | $80,734 |
| Homes lived in by their owners | 65% | 67% | 65% |
| Owner homes with a mortgage | 52% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $906 | $1,566 | $1,963 |
| Those costs as a share of the owners' income | 20.4% | 19.6% | 21.0% |
| Median rent | $1,005 | $1,189 | $1,413 |
| Rent as a share of renters' income | 51.0% | 29.5% | 30.6% |
| Median year homes were built | 1979 | 1987 | 1980 |
| Vacant homes | 13.0% | 10.2% | 10.1% |
| Population | 532 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Doyle
At this week's average 30-year rate of 7.11%, buying the median Doyle home of $164,300 with 20% down costs about $995 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,269, 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 $42,648 for the 20%-down payment. That payment is 30% of the median Doyle household income of $39,808; at that income and 20% down, the 28% guideline points to a home of about $153,000.
The median rent here is $1,005 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $32,860 |
|---|---|
| Loan amount | $131,440 |
| Principal and interest | $884 |
| Property taxes (0.31% a year) | $42 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| PMI | $0 |
| Total per month | $995 |
Change the numbers in the calculator
| Down payment | $5,750 |
|---|---|
| Loan amount | $161,324 |
| Principal and interest | $1,085 |
| Property taxes (0.31% a year) | $42 |
| Homeowners insurance (our estimate, 0.5% a year) | $68 |
| FHA mortgage insurance | $73 |
| Total per month | $1,269 |
Change the numbers in the calculator
Questions about home buying in Doyle
What is the median home value in Doyle?
About $164,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Doyle?
Homeowners pay a median $505 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 Doyle?
For the median home with 20% down at 7.11%, the payment is about $995 a month. Keeping that under 28% of gross income takes about $42,648 a year.
More about Doyle
- Mortgage Refinance in Doyle
- Debt Relief in Doyle
- Home Equity Loans in Doyle
- 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