Living in Elizabethton, Tennessee
Cost of living, income, home prices, rent and demographics of Elizabethton · Census data 2020–2024
Elizabethton has 14,374 residents with a median age of 40.9. The median household income is $46,975 (33% lower than the Tennessee median), the median home value is $172,900, the median rent is $740/month.
Elizabethton at a glance
- Population
- 14,374
- Median age
- 40.9State: 38.9
- Median household income
- $46,975State: $69,595
- Median home value
- $172,900State: $286,700
- Median rent
- $740/moState: $1,189
- Homeowners
- 62.6%
- Bachelor's degree or higher
- 26.4%
- Average commute
- 21 min
Is Elizabethton a good place to live?
Pros: Home values 40% lower than the state median; an average commute of 21 minutes.
Cons: Median household income 33% lower than the Tennessee median; unemployment of 5.5%; a poverty rate of 18.8%.
The weather is best in May–June and September–October.
Cost of living in Elizabethton
Housing is the biggest part of the cost of living. In Elizabethton the median home value is $172,900, 48% lower than the U.S. median. Renters pay a median of $740 per month, which is 26.6% of household income. Homeowners with a mortgage pay $1,170 a month in housing costs.
Elizabethton median household income
The median household income in Elizabethton is $46,975 and the income per person is $30,387. 18.8% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Elizabethton: homes for sale and rent
- Housing units
- 6,794
- Owner-occupied
- 62.6%
- Renter-occupied
- 37.4%
- Vacant
- 11.2%Includes seasonal homes
- Median year built
- 1963
- Average household size
- 2.17
Elizabethton demographics
- Population
- 14,374
- Median age
- 40.9
- Under 18
- 18.9%
- 65 and older
- 20.5%
- Households
- 6,036
- Foreign-born
- 2.2%
- Veterans
- 8.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Elizabethton ›
Education in Elizabethton
26.4% of adults 25 and older in Elizabethton have a bachelor's degree or higher (Tennessee: 31.1%), and 8.1% have a graduate or professional degree.
Jobs and commute in Elizabethton
- Unemployment rate
- 5.5%State: 4.7%
- Average commute
- 21 minState: 26 min
- Work from home
- 10.8%
- Drive alone
- 77.7%
- Public transit
- 0%
- Walk to work
- 3.4%
- Homes with broadband
- 81.9%
Elizabethton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Elizabethton | 14,374 | $46,975 | $172,900 | $740 |
| Biltmore | 1,846 | $52,917 | $125,300 | $781 |
| Central | 1,938 | $37,444 | $151,800 | $952 |
| Valley Forge | 2,136 | $54,631 | $158,100 | $699 |
| Watauga | 644 | $62,917 | $156,900 | $588 |
| Pine Crest | 2,029 | $53,537 | $196,600 | $700 |
| Hampton | 1,883 | $39,028 | $98,200 | $676 |
| Hunter | 1,918 | $51,815 | $169,500 | $756 |
| Johnson City | 72,222 | $57,254 | $268,200 | $1,023 |
More for people moving to Elizabethton
Elizabethton ZIP code ›Weather and climate ›Living in Elizabethton: FAQ
What is the median household income in Elizabethton, TN?
The median household income in Elizabethton is $46,975, 33% 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 Elizabethton?
The median home value in Elizabethton is $172,900, compared with $286,700 in Tennessee.
How much is rent in Elizabethton?
The median gross rent in Elizabethton is $740 per month, about 26.6% of household income.
Is Elizabethton, TN a good place to live?
Pluses: home values 40% lower than the state median; an average commute of 21 minutes. Minuses: median household income 33% lower than the Tennessee median; unemployment of 5.5%; a poverty rate of 18.8%.
What is the median age in Elizabethton?
The median age in Elizabethton is 40.9 years (Tennessee: 38.9).
How long is the commute in Elizabethton?
The average commute to work in Elizabethton is 21 minutes; 10.8% of workers work from home.
What is the unemployment rate in Elizabethton?
The unemployment rate in Elizabethton is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Elizabethton?
26.4% of adults in Elizabethton 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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