The typical owner-occupied home in Johnson City is worth about $268,200, 6% below the Tennessee median of $286,700 and 19% below the national median of $332,700. Owners pay a median $1,748 a year in property taxes, about 0.65% of their home's value, higher than the Tennessee rate of 0.50%. The median household earns $57,254 a year, so the median home costs 4.7 times the median income (4.1 times for Tennessee). 51% of occupied homes here are lived in by their owners, and 56% of those owners still have a mortgage.
Johnson City at a glance
| Johnson City | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $268,200 | $286,700 | $332,700 |
| Median property tax paid per year | $1,748 | $1,442 | $3,119 |
| Property tax as a share of value | 0.65% | 0.50% | 0.94% |
| Median household income | $57,254 | $69,595 | $80,734 |
| Homes lived in by their owners | 51% | 67% | 65% |
| Owner homes with a mortgage | 56% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,426 | $1,566 | $1,963 |
| Those costs as a share of the owners' income | 18.7% | 19.6% | 21.0% |
| Median rent | $1,023 | $1,189 | $1,413 |
| Rent as a share of renters' income | 29.8% | 29.5% | 30.6% |
| Median year homes were built | 1983 | 1987 | 1980 |
| Vacant homes | 8.1% | 10.2% | 10.1% |
| Population | 72,222 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Johnson City
At this week's average 30-year rate of 7.11%, buying the median Johnson City home of $268,200 with 20% down costs about $1,700 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,147, 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 $72,874 for the 20%-down payment. That payment is 36% of the median Johnson City household income of $57,254; at that income and 20% down, the 28% guideline points to a home of about $211,000.
The median rent here is $1,023 a month, so owning the median home costs about $677 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $53,640 |
|---|---|
| Loan amount | $214,560 |
| Principal and interest | $1,443 |
| Property taxes (0.65% a year) | $145 |
| Homeowners insurance (our estimate, 0.5% a year) | $112 |
| PMI | $0 |
| Total per month | $1,700 |
Change the numbers in the calculator
| Down payment | $9,387 |
|---|---|
| Loan amount | $263,342 |
| Principal and interest | $1,772 |
| Property taxes (0.65% a year) | $145 |
| Homeowners insurance (our estimate, 0.5% a year) | $112 |
| FHA mortgage insurance | $119 |
| Total per month | $2,147 |
Change the numbers in the calculator
Questions about home buying in Johnson City
What is the median home value in Johnson City?
About $268,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Johnson City?
Homeowners pay a median $1,748 a year, which is about 0.65% 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 Johnson City?
For the median home with 20% down at 7.11%, the payment is about $1,700 a month. Keeping that under 28% of gross income takes about $72,874 a year.
More about Johnson City
- Mortgage Refinance in Johnson City
- Debt Relief in Johnson City
- Home Equity Loans in Johnson City
- 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