Living in Friendship, Tennessee
Cost of living, income, home prices, rent and demographics of Friendship · Census data 2020–2024
Friendship has 692 residents with a median age of 39.2. The median household income is $32,153 (54% lower than the Tennessee median), the median home value is $108,000, the median rent is $654/month.
Friendship is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Friendship at a glance
- Population
- 692
- Median age
- 39.2State: 38.9
- Median household income
- $32,153State: $69,595
- Median home value
- $108,000State: $286,700
- Median rent
- $654/moState: $1,189
- Homeowners
- 61.6%
- Bachelor's degree or higher
- 12.6%
- Average commute
- 28 min
Is Friendship a good place to live?
Pros: Home values 62% lower than the state median; unemployment of 1.7%.
Cons: Median household income 54% lower than the Tennessee median; an average commute of 28 minutes; a poverty rate of 42.3%.
The weather is best in May–June and September–October.
Cost of living in Friendship
Housing is the biggest part of the cost of living. In Friendship the median home value is $108,000, 68% lower than the U.S. median. Renters pay a median of $654 per month, which is 37.1% of household income. Homeowners with a mortgage pay $1,324 a month in housing costs.
Friendship median household income
The median household income in Friendship is $32,153 and the income per person is $20,832. 42.3% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Friendship: homes for sale and rent
- Housing units
- 308
- Owner-occupied
- 61.6%
- Renter-occupied
- 38.4%
- Vacant
- 9.4%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.47
Friendship demographics
- Population
- 692
- Median age
- 39.2
- Under 18
- 26%
- 65 and older
- 17.8%
- Households
- 279
- Foreign-born
- 6.1%
- Veterans
- 2.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Friendship ›
Education in Friendship
12.6% of adults 25 and older in Friendship have a bachelor's degree or higher (Tennessee: 31.1%), and 1.6% have a graduate or professional degree.
Jobs and commute in Friendship
- Unemployment rate
- 1.7%State: 4.7%
- Average commute
- 28 minState: 26 min
- Work from home
- 6.1%
- Drive alone
- 82.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 69.9%
Friendship vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Friendship | 692 | $32,153 | $108,000 | $654 |
| Maury City | 683 | $65,318 | $78,900 | $864 |
| Fowlkes | 753 | $31,167 | $125,000 | $710 |
| Halls | 2,034 | $43,750 | $137,200 | $844 |
| Gates | 619 | $51,146 | $96,300 | $629 |
| Alamo | 2,311 | $54,063 | $141,500 | $889 |
| Dyersburg | 15,979 | $52,064 | $168,300 | $782 |
| Newbern | 3,289 | $58,455 | $99,700 | $825 |
| Yorkville | 307 | $71,000 | $132,500 | $861 |
More for people moving to Friendship
Friendship ZIP code ›Weather and climate ›Living in Friendship: FAQ
What is the median household income in Friendship, TN?
The median household income in Friendship is $32,153, 54% 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 Friendship?
The median home value in Friendship is $108,000, compared with $286,700 in Tennessee.
How much is rent in Friendship?
The median gross rent in Friendship is $654 per month, about 37.1% of household income.
Is Friendship, TN a good place to live?
Pluses: home values 62% lower than the state median; unemployment of 1.7%. Minuses: median household income 54% lower than the Tennessee median; an average commute of 28 minutes; a poverty rate of 42.3%.
What is the median age in Friendship?
The median age in Friendship is 39.2 years (Tennessee: 38.9).
How long is the commute in Friendship?
The average commute to work in Friendship is 28 minutes; 6.1% of workers work from home.
What is the unemployment rate in Friendship?
The unemployment rate in Friendship is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Friendship?
12.6% of adults in Friendship 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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