The typical owner-occupied home in Mount Juliet is worth about $460,100, 60% above the Tennessee median of $286,700 and 38% above the national median of $332,700. Owners pay a median $1,849 a year in property taxes, about 0.40% of their home's value, lower than the Tennessee rate of 0.50%. The median household earns $107,068 a year, so the median home costs 4.3 times the median income (4.1 times for Tennessee). 72% of occupied homes here are lived in by their owners, and 74% of those owners still have a mortgage.
Mount Juliet at a glance
| Mount Juliet | Tennessee | U.S. | |
|---|---|---|---|
| Median home value | $460,100 | $286,700 | $332,700 |
| Median property tax paid per year | $1,849 | $1,442 | $3,119 |
| Property tax as a share of value | 0.40% | 0.50% | 0.94% |
| Median household income | $107,068 | $69,595 | $80,734 |
| Homes lived in by their owners | 72% | 67% | 65% |
| Owner homes with a mortgage | 74% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $2,047 | $1,566 | $1,963 |
| Those costs as a share of the owners' income | 19.4% | 19.6% | 21.0% |
| Median rent | $2,011 | $1,189 | $1,413 |
| Rent as a share of renters' income | 30.6% | 29.5% | 30.6% |
| Median year homes were built | 2006 | 1987 | 1980 |
| Vacant homes | 5.9% | 10.2% | 10.1% |
| Population | 42,073 | 7,066,383 | 334,922,499 |
What a typical home costs per month in Mount Juliet
At this week's average 30-year rate of 7.11%, buying the median Mount Juliet home of $460,100 with 20% down costs about $2,821 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,588, 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 $120,908 for the 20%-down payment. That payment is 32% of the median Mount Juliet household income of $107,068; at that income and 20% down, the 28% guideline points to a home of about $407,000.
The median rent here is $2,011 a month, so owning the median home costs about $810 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $92,020 |
|---|---|
| Loan amount | $368,080 |
| Principal and interest | $2,476 |
| Property taxes (0.40% a year) | $153 |
| Homeowners insurance (our estimate, 0.5% a year) | $192 |
| PMI | $0 |
| Total per month | $2,821 |
Change the numbers in the calculator
| Down payment | $16,104 |
|---|---|
| Loan amount | $451,766 |
| Principal and interest | $3,039 |
| Property taxes (0.40% a year) | $153 |
| Homeowners insurance (our estimate, 0.5% a year) | $192 |
| FHA mortgage insurance | $204 |
| Total per month | $3,588 |
Change the numbers in the calculator
Questions about home buying in Mount Juliet
What is the median home value in Mount Juliet?
About $460,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mount Juliet?
Homeowners pay a median $1,849 a year, which is about 0.40% 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 Mount Juliet?
For the median home with 20% down at 7.11%, the payment is about $2,821 a month. Keeping that under 28% of gross income takes about $120,908 a year.
More about Mount Juliet
- Mortgage Refinance in Mount Juliet
- Debt Relief in Mount Juliet
- Home Equity Loans in Mount Juliet
- 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