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Tennessee · Census place 47020

Medon city, TN

Quick answer

Medon city has 243 residents, ranking #442 of 504 places in Tennessee. Median household income is $57,375, the median home is worth $116,900 and median gross rent runs $850 a month.

Population
243Medon city residents
Median household income
$57,375Past 12 months, inflation adjusted
Median home value
$116,900Owner-occupied units
Median gross rent
$850Rent plus utilities, monthly
Median age
48.2 yrsAll residents
Homeownership rate
94.2%Owner-occupied households

What the numbers mean in Medon city

Housing cost measured against local earnings.

A household earning the Medon city median would spend about 17.8% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 1.6% of residents and 94.2% 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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