Living in Centertown, Tennessee
Cost of living, income, home prices, rent and demographics of Centertown · Census data 2020–2024
Centertown has 263 residents with a median age of 44.3. The median household income is $53,333 (23% lower than the Tennessee median), the median home value is $196,400, the median rent is $888/month.
Centertown is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Centertown at a glance
- Population
- 263
- Median age
- 44.3State: 38.9
- Median household income
- $53,333State: $69,595
- Median home value
- $196,400State: $286,700
- Median rent
- $888/moState: $1,189
- Homeowners
- 86.4%
- Bachelor's degree or higher
- 16.5%
- Average commute
- 32 min
Is Centertown a good place to live?
Pros: Home values 31% lower than the state median; unemployment of 4.3%.
Cons: Median household income 23% lower than the Tennessee median; an average commute of 32 minutes; a poverty rate of 16%.
The weather is best in April–May and September–October.
Cost of living in Centertown
Housing is the biggest part of the cost of living. In Centertown the median home value is $196,400, 41% lower than the U.S. median. Renters pay a median of $888 per month, which is 37.5% of household income. Homeowners with a mortgage pay $1,165 a month in housing costs.
Centertown median household income
The median household income in Centertown is $53,333 and the income per person is $38,245. 16% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Centertown: homes for sale and rent
- Housing units
- 167
- Owner-occupied
- 86.4%
- Renter-occupied
- 13.6%
- Vacant
- 21%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 1.99
Centertown demographics
- Population
- 263
- Median age
- 44.3
- Under 18
- 20.9%
- 65 and older
- 24.3%
- Households
- 132
- Foreign-born
- 1.9%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Centertown ›
Education in Centertown
16.5% of adults 25 and older in Centertown have a bachelor's degree or higher (Tennessee: 31.1%), and 7% have a graduate or professional degree.
Jobs and commute in Centertown
- Unemployment rate
- 4.3%State: 4.7%
- Average commute
- 32 minState: 26 min
- Work from home
- 6.3%
- Drive alone
- 80.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 82.6%
Centertown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Centertown | 263 | $53,333 | $196,400 | $888 |
| Morrison | 850 | $37,500 | $187,500 | $641 |
| McMinnville | 13,844 | $47,179 | $182,200 | $791 |
| Woodbury | 2,774 | $58,466 | $216,400 | $812 |
| Viola | 144 | $48,068 | $262,500 | — |
| Lakewood Park | 1,140 | $42,576 | — | — |
| New Union | 2,160 | $81,367 | $312,100 | $1,584 |
| Smithville | 5,288 | $33,192 | $194,200 | $740 |
| Auburntown | 318 | $73,571 | $245,200 | $1,067 |
More for people moving to Centertown
Centertown ZIP code ›Weather and climate ›Living in Centertown: FAQ
What is the median household income in Centertown, TN?
The median household income in Centertown is $53,333, 23% lower than the Tennessee median of $69,595 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Centertown?
The median home value in Centertown is $196,400, compared with $286,700 in Tennessee.
How much is rent in Centertown?
The median gross rent in Centertown is $888 per month, about 37.5% of household income.
Is Centertown, TN a good place to live?
Pluses: home values 31% lower than the state median; unemployment of 4.3%. Minuses: median household income 23% lower than the Tennessee median; an average commute of 32 minutes; a poverty rate of 16%.
What is the median age in Centertown?
The median age in Centertown is 44.3 years (Tennessee: 38.9).
How long is the commute in Centertown?
The average commute to work in Centertown is 32 minutes; 6.3% of workers work from home.
What is the unemployment rate in Centertown?
The unemployment rate in Centertown is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Centertown?
16.5% of adults in Centertown have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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