The typical owner-occupied home in Jonesborough is worth about $299,200, 4% above the Tennessee median of $286,700 and 10% below the national median of $332,700. Owners pay a median $1,597 a year in property taxes, about 0.53% of their home's value, higher than the Tennessee rate of 0.50%. The median household earns $74,015 a year, so the median home costs 4.0 times the median income (4.1 times for Tennessee). 64% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.
Jonesborough at a glance
| Jonesborough | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $299,200 | $286,700 | $332,700 |
| Median property tax paid per year | $1,597 | $1,442 | $3,119 |
| Property tax as a share of value | 0.53% | 0.50% | 0.94% |
| Median household income | $74,015 | $69,595 | $80,734 |
| Homes lived in by their owners | 64% | 67% | 65% |
| Owner homes with a mortgage | 57% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,524 | $1,566 | $1,963 |
| Those costs as a share of the owners' income | 17.6% | 19.6% | 21.0% |
| Median rent | $1,129 | $1,189 | $1,413 |
| Rent as a share of renters' income | 28.9% | 29.5% | 30.6% |
| Median year homes were built | 1986 | 1987 | 1980 |
| Vacant homes | 5.9% | 10.2% | 10.1% |
| Population | 6,232 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Jonesborough
At this week's average 30-year rate of 7.11%, buying the median Jonesborough home of $299,200 with 20% down costs about $1,867 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,365, 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 $80,014 for the 20%-down payment. That payment is 30% of the median Jonesborough household income of $74,015; at that income and 20% down, the 28% guideline points to a home of about $277,000.
The median rent here is $1,129 a month, so owning the median home costs about $738 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $59,840 |
|---|---|
| Loan amount | $239,360 |
| Principal and interest | $1,610 |
| Property taxes (0.53% a year) | $132 |
| Homeowners insurance (our estimate, 0.5% a year) | $125 |
| PMI | $0 |
| Total per month | $1,867 |
Change the numbers in the calculator
| Down payment | $10,472 |
|---|---|
| Loan amount | $293,781 |
| Principal and interest | $1,976 |
| Property taxes (0.53% a year) | $132 |
| Homeowners insurance (our estimate, 0.5% a year) | $125 |
| FHA mortgage insurance | $132 |
| Total per month | $2,365 |
Change the numbers in the calculator
Questions about home buying in Jonesborough
What is the median home value in Jonesborough?
About $299,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Jonesborough?
Homeowners pay a median $1,597 a year, which is about 0.53% 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 Jonesborough?
For the median home with 20% down at 7.11%, the payment is about $1,867 a month. Keeping that under 28% of gross income takes about $80,014 a year.
More about Jonesborough
- Mortgage Refinance in Jonesborough
- Debt Relief in Jonesborough
- Home Equity Loans in Jonesborough
- 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