Living in Coalmont, Tennessee
Cost of living, income, home prices, rent and demographics of Coalmont · Census data 2020–2024
Coalmont has 906 residents with a median age of 47.1. The median household income is $53,917 (23% lower than the Tennessee median), the median home value is $151,400, the median rent is $700/month.
Coalmont is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Coalmont at a glance
- Population
- 906
- Median age
- 47.1State: 38.9
- Median household income
- $53,917State: $69,595
- Median home value
- $151,400State: $286,700
- Median rent
- $700/moState: $1,189
- Homeowners
- 81.9%
- Bachelor's degree or higher
- 10.9%
- Average commute
- 29 min
Is Coalmont a good place to live?
Pros: Home values 47% lower than the state median; unemployment of 4.6%.
Cons: Median household income 23% lower than the Tennessee median; an average commute of 29 minutes; a poverty rate of 31.2%.
The weather is best in May–June and August–September.
Cost of living in Coalmont
Housing is the biggest part of the cost of living. In Coalmont the median home value is $151,400, 54% lower than the U.S. median. Renters pay a median of $700 per month, which is 22.5% of household income. Homeowners with a mortgage pay $1,014 a month in housing costs.
Coalmont median household income
The median household income in Coalmont is $53,917 and the income per person is $20,723. 31.2% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Coalmont: homes for sale and rent
- Housing units
- 343
- Owner-occupied
- 81.9%
- Renter-occupied
- 18.1%
- Vacant
- 8.2%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 2.88
Coalmont demographics
- Population
- 906
- Median age
- 47.1
- Under 18
- 16.9%
- 65 and older
- 26%
- Households
- 315
- Foreign-born
- 0%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Coalmont ›
Education in Coalmont
10.9% of adults 25 and older in Coalmont have a bachelor's degree or higher (Tennessee: 31.1%), and 2.4% have a graduate or professional degree.
Jobs and commute in Coalmont
- Unemployment rate
- 4.6%State: 4.7%
- Average commute
- 29 minState: 26 min
- Work from home
- 8.9%
- Drive alone
- 86.1%
- Public transit
- 0.3%
- Walk to work
- 1%
- Homes with broadband
- 87%
Coalmont vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Coalmont | 906 | $53,917 | $151,400 | $700 |
| Gruetli-Laager | 1,480 | $47,313 | $154,700 | $773 |
| Tracy City | 1,682 | $39,479 | $136,300 | $400 |
| Altamont | 1,322 | $41,373 | $91,900 | $850 |
| Beersheba Springs | 654 | $72,885 | $101,000 | — |
| Palmer | 818 | $56,447 | $78,900 | $583 |
| Pelham | 704 | $70,096 | $187,500 | — |
| Monteagle | 1,926 | $63,438 | $309,500 | $762 |
| Whitwell | 2,052 | $67,774 | $140,500 | $872 |
More for people moving to Coalmont
Coalmont ZIP code ›Weather and climate ›Living in Coalmont: FAQ
What is the median household income in Coalmont, TN?
The median household income in Coalmont is $53,917, 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 Coalmont?
The median home value in Coalmont is $151,400, compared with $286,700 in Tennessee.
How much is rent in Coalmont?
The median gross rent in Coalmont is $700 per month, about 22.5% of household income.
Is Coalmont, TN a good place to live?
Pluses: home values 47% lower than the state median; unemployment of 4.6%. Minuses: median household income 23% lower than the Tennessee median; an average commute of 29 minutes; a poverty rate of 31.2%.
What is the median age in Coalmont?
The median age in Coalmont is 47.1 years (Tennessee: 38.9).
How long is the commute in Coalmont?
The average commute to work in Coalmont is 29 minutes; 8.9% of workers work from home.
What is the unemployment rate in Coalmont?
The unemployment rate in Coalmont is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Coalmont?
10.9% of adults in Coalmont 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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