Living in Collinwood, Tennessee
Cost of living, income, home prices, rent and demographics of Collinwood · Census data 2020–2024
Collinwood has 996 residents with a median age of 39.3. The median household income is $54,286 (22% lower than the Tennessee median), the median home value is $131,000, the median rent is $521/month.
Collinwood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Collinwood at a glance
- Population
- 996
- Median age
- 39.3State: 38.9
- Median household income
- $54,286State: $69,595
- Median home value
- $131,000State: $286,700
- Median rent
- $521/moState: $1,189
- Homeowners
- 75.8%
- Bachelor's degree or higher
- 9.5%
- Average commute
- 31 min
Is Collinwood a good place to live?
Pros: Home values 54% lower than the state median; unemployment of 3%.
Cons: Median household income 22% lower than the Tennessee median; an average commute of 31 minutes; a poverty rate of 15.1%.
The weather is best in April–May and September–October.
Cost of living in Collinwood
Housing is the biggest part of the cost of living. In Collinwood the median home value is $131,000, 61% lower than the U.S. median. Renters pay a median of $521 per month, which is 18.7% of household income. Homeowners with a mortgage pay $1,125 a month in housing costs.
Collinwood median household income
The median household income in Collinwood is $54,286 and the income per person is $33,101. 15.1% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Collinwood: homes for sale and rent
- Housing units
- 471
- Owner-occupied
- 75.8%
- Renter-occupied
- 24.2%
- Vacant
- 18.5%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.59
Collinwood demographics
- Population
- 996
- Median age
- 39.3
- Under 18
- 21.3%
- 65 and older
- 15.5%
- Households
- 384
- Foreign-born
- 1%
- Veterans
- 4.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Collinwood ›
Education in Collinwood
9.5% of adults 25 and older in Collinwood have a bachelor's degree or higher (Tennessee: 31.1%), and 4.7% have a graduate or professional degree.
Jobs and commute in Collinwood
- Unemployment rate
- 3%State: 4.7%
- Average commute
- 31 minState: 26 min
- Work from home
- 4.2%
- Drive alone
- 87.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 86.7%
Collinwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Collinwood | 996 | $54,286 | $131,000 | $521 |
| Waynesboro | 2,296 | $40,977 | $79,100 | $294 |
| St. Joseph | 783 | $49,112 | $171,300 | $631 |
| Loretto | 1,731 | $55,592 | $161,900 | $737 |
| Clifton | 2,660 | $43,571 | $122,100 | $681 |
| Walnut Grove | 403 | $26,000 | $86,800 | — |
| Underwood-Petersville | 3,100 | $48,219 | $142,900 | $820 |
| St. Florian | 697 | $58,750 | $314,000 | $629 |
| Leoma | 374 | $87,569 | $401,700 | — |
More for people moving to Collinwood
Collinwood ZIP code ›Weather and climate ›Living in Collinwood: FAQ
What is the median household income in Collinwood, TN?
The median household income in Collinwood is $54,286, 22% 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 Collinwood?
The median home value in Collinwood is $131,000, compared with $286,700 in Tennessee.
How much is rent in Collinwood?
The median gross rent in Collinwood is $521 per month, about 18.7% of household income.
Is Collinwood, TN a good place to live?
Pluses: home values 54% lower than the state median; unemployment of 3%. Minuses: median household income 22% lower than the Tennessee median; an average commute of 31 minutes; a poverty rate of 15.1%.
What is the median age in Collinwood?
The median age in Collinwood is 39.3 years (Tennessee: 38.9).
How long is the commute in Collinwood?
The average commute to work in Collinwood is 31 minutes; 4.2% of workers work from home.
What is the unemployment rate in Collinwood?
The unemployment rate in Collinwood is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Collinwood?
9.5% of adults in Collinwood 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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