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Tennessee · Census place 55240

Obion town, TN

Quick answer

Obion town has 1,088 residents, ranking #296 of 504 places in Tennessee. Median household income is $49,018, the median home is worth $91,300 and median gross rent runs $870 a month.

Population
1,088Obion town residents
Median household income
$49,018Past 12 months, inflation adjusted
Median home value
$91,300Owner-occupied units
Median gross rent
$870Rent plus utilities, monthly
Median age
44.5 yrsAll residents
Homeownership rate
53.8%Owner-occupied households

What the numbers mean in Obion town

Housing cost measured against local earnings.

A household earning the Obion town median would spend about 21.3% 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 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 26.5% of residents and 53.8% 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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