The typical owner-occupied home in Auburntown is worth about $245,200, 14% below the Tennessee median of $286,700 and 26% below the national median of $332,700. Owners pay a median $794 a year in property taxes, about 0.32% of their home's value, lower than the Tennessee rate of 0.50%. The median household earns $73,571 a year, so the median home costs 3.3 times the median income (4.1 times for Tennessee). 75% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Auburntown at a glance
| Auburntown | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $245,200 | $286,700 | $332,700 |
| Median property tax paid per year | $794 | $1,442 | $3,119 |
| Property tax as a share of value | 0.32% | 0.50% | 0.94% |
| Median household income | $73,571 | $69,595 | $80,734 |
| Homes lived in by their owners | 75% | 67% | 65% |
| Owner homes with a mortgage | 41% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,375 | $1,566 | $1,963 |
| Those costs as a share of the owners' income | 18.8% | 19.6% | 21.0% |
| Median rent | $1,067 | $1,189 | $1,413 |
| Rent as a share of renters' income | 19.2% | 29.5% | 30.6% |
| Median year homes were built | 1965 | 1987 | 1980 |
| Vacant homes | 24.7% | 10.2% | 10.1% |
| Population | 318 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Auburntown
At this week's average 30-year rate of 7.11%, buying the median Auburntown home of $245,200 with 20% down costs about $1,487 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,896, 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 $63,734 for the 20%-down payment. That payment is 24% of the median Auburntown household income of $73,571; at that income and 20% down, the 28% guideline points to a home of about $283,000.
The median rent here is $1,067 a month, so owning the median home costs about $420 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $49,040 |
|---|---|
| Loan amount | $196,160 |
| Principal and interest | $1,320 |
| Property taxes (0.32% a year) | $65 |
| Homeowners insurance (our estimate, 0.5% a year) | $102 |
| PMI | $0 |
| Total per month | $1,487 |
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| Down payment | $8,582 |
|---|---|
| Loan amount | $240,759 |
| Principal and interest | $1,620 |
| Property taxes (0.32% a year) | $65 |
| Homeowners insurance (our estimate, 0.5% a year) | $102 |
| FHA mortgage insurance | $108 |
| Total per month | $1,896 |
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Questions about home buying in Auburntown
What is the median home value in Auburntown?
About $245,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Auburntown?
Homeowners pay a median $794 a year, which is about 0.32% 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 Auburntown?
For the median home with 20% down at 7.11%, the payment is about $1,487 a month. Keeping that under 28% of gross income takes about $63,734 a year.
More about Auburntown
- Mortgage Refinance in Auburntown
- Debt Relief in Auburntown
- Home Equity Loans in Auburntown
- 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