Tennessee · Census place 53240
New Union CDP, TN
Quick answer
New Union CDP has 2,208 residents, ranking #199 of 504 places in Tennessee. Median household income is $78,343, the median home is worth $295,100 and median gross rent runs $1,574 a month.
- Population
- 2,208New Union CDP residents
- Median household income
- $78,343Past 12 months, inflation adjusted
- Median home value
- $295,100Owner-occupied units
- Median gross rent
- $1,574Rent plus utilities, monthly
- Median age
- 48 yrsAll residents
- Homeownership rate
- 83.5%Owner-occupied households
What the numbers mean in New Union CDP
Housing cost measured against local earnings.
A household earning the New Union CDP median would spend about 24.1% 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 3.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 0.5% of residents and 83.5% 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.
- Gladeville CDP 2,263
- Surgoinsville town 2,246
- Pegram town 2,216
- East Cleveland CDP 2,207
- Ridgetop city 2,198
- Pine Crest CDP 2,173
- Jamestown city 2,156
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