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ZipNumbers

Tennessee · Census place 69620

Somerville town, TN

Quick answer

Somerville town has 3,439 residents, ranking #149 of 504 places in Tennessee. Median household income is $31,063, the median home is worth $301,400 and median gross rent runs $645 a month.

Population
3,439Somerville town residents
Median household income
$31,063Past 12 months, inflation adjusted
Median home value
$301,400Owner-occupied units
Median gross rent
$645Rent plus utilities, monthly
Median age
35.7 yrsAll residents
Homeownership rate
44.8%Owner-occupied households

What the numbers mean in Somerville town

Housing cost measured against local earnings.

A household earning the Somerville town median would spend about 24.9% 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 9.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 32.1% of residents and 44.8% 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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