Living in Gallaway, Tennessee
Cost of living, income, home prices, rent and demographics of Gallaway · Census data 2020–2024
Gallaway has 609 residents with a median age of 51.1. The median household income is $30,208 (57% lower than the Tennessee median), the median home value is $184,400, the median rent is $455/month.
Gallaway is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Gallaway at a glance
- Population
- 609
- Median age
- 51.1State: 38.9
- Median household income
- $30,208State: $69,595
- Median home value
- $184,400State: $286,700
- Median rent
- $455/moState: $1,189
- Homeowners
- 39.4%
- Bachelor's degree or higher
- 7.2%
- Average commute
- 17 min
Is Gallaway a good place to live?
Pros: Home values 36% lower than the state median; an average commute of 17 minutes.
Cons: Median household income 57% lower than the Tennessee median; unemployment of 25.5%; a poverty rate of 43.3%.
The weather is best in April–May and September–October.
Cost of living in Gallaway
Housing is the biggest part of the cost of living. In Gallaway the median home value is $184,400, 45% lower than the U.S. median. Renters pay a median of $455 per month, which is 33.3% of household income. Homeowners with a mortgage pay $1,066 a month in housing costs.
Gallaway median household income
The median household income in Gallaway is $30,208 and the income per person is $17,353. 43.3% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Gallaway: homes for sale and rent
- Housing units
- 256
- Owner-occupied
- 39.4%
- Renter-occupied
- 60.6%
- Vacant
- 2%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.00
Gallaway demographics
- Population
- 609
- Median age
- 51.1
- Under 18
- 17.9%
- 65 and older
- 34.2%
- Households
- 251
- Foreign-born
- 1%
- Veterans
- 2%Adults 18+
Hispanic or Latino can be of any race. Population history of Gallaway ›
Education in Gallaway
7.2% of adults 25 and older in Gallaway have a bachelor's degree or higher (Tennessee: 31.1%), and 2% have a graduate or professional degree.
Jobs and commute in Gallaway
- Unemployment rate
- 25.5%State: 4.7%
- Average commute
- 17 minState: 26 min
- Work from home
- 18.3%
- Drive alone
- 77%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 77.3%
Gallaway vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gallaway | 609 | $30,208 | $184,400 | $455 |
| Braden | 308 | $82,115 | $280,000 | $1,200 |
| Arlington | 15,205 | $135,105 | $424,400 | $2,164 |
| Mason | 1,039 | $47,794 | $138,100 | $1,316 |
| Oakland | 9,979 | $97,798 | $319,100 | $1,992 |
| Lakeland | 14,192 | $116,250 | $388,900 | $1,755 |
| Atoka | 10,385 | $89,663 | $320,700 | $1,237 |
| Brighton | 2,889 | $80,882 | $214,100 | $1,204 |
| Bartlett | 56,876 | $102,070 | $310,400 | $1,638 |
More for people moving to Gallaway
Gallaway ZIP code ›Weather and climate ›Living in Gallaway: FAQ
What is the median household income in Gallaway, TN?
The median household income in Gallaway is $30,208, 57% 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 Gallaway?
The median home value in Gallaway is $184,400, compared with $286,700 in Tennessee.
How much is rent in Gallaway?
The median gross rent in Gallaway is $455 per month, about 33.3% of household income.
Is Gallaway, TN a good place to live?
Pluses: home values 36% lower than the state median; an average commute of 17 minutes. Minuses: median household income 57% lower than the Tennessee median; unemployment of 25.5%; a poverty rate of 43.3%.
What is the median age in Gallaway?
The median age in Gallaway is 51.1 years (Tennessee: 38.9).
How long is the commute in Gallaway?
The average commute to work in Gallaway is 17 minutes; 18.3% of workers work from home.
What is the unemployment rate in Gallaway?
The unemployment rate in Gallaway is 25.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gallaway?
7.2% of adults in Gallaway 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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