Tennessee · Census place 48180
Michie town, TN
Quick answer
Michie town has 526 residents, ranking #375 of 504 places in Tennessee. Median household income is $67,813, the median home is worth $159,700 and median gross rent runs $650 a month.
- Population
- 526Michie town residents
- Median household income
- $67,813Past 12 months, inflation adjusted
- Median home value
- $159,700Owner-occupied units
- Median gross rent
- $650Rent plus utilities, monthly
- Median age
- 54.6 yrsAll residents
- Homeownership rate
- 92.3%Owner-occupied households
What the numbers mean in Michie town
Housing cost measured against local earnings.
A household earning the Michie town median would spend about 11.5% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.5% of residents and 92.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Tennessee.
- Gallaway city 541
- McDonald CDP 541
- Gibson town 536
- Cosby CDP 521
- Pittman Center town 521
- Beech Bluff CDP 511
- Calhoun town 504
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