Tennessee · Census place 30280
Grand Junction city, TN
Quick answer
Grand Junction city has 560 residents, ranking #369 of 504 places in Tennessee. Median household income is $74,583, the median home is worth $154,000 and median gross rent runs $839 a month.
- Population
- 560Grand Junction city residents
- Median household income
- $74,583Past 12 months, inflation adjusted
- Median home value
- $154,000Owner-occupied units
- Median gross rent
- $839Rent plus utilities, monthly
- Median age
- 34.8 yrsAll residents
- Homeownership rate
- 65.1%Owner-occupied households
What the numbers mean in Grand Junction city
Housing cost measured against local earnings.
A household earning the Grand Junction city median would spend about 13.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12% of residents and 65.1% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
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