Living in Greenback, Tennessee
Cost of living, income, home prices, rent and demographics of Greenback · Census data 2020–2024
Greenback has 1,378 residents with a median age of 32.6. The median household income is $72,961 (5% higher than the Tennessee median), the median home value is $286,100, the median rent is $1,060/month.
Greenback is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Greenback at a glance
- Population
- 1,378
- Median age
- 32.6State: 38.9
- Median household income
- $72,961State: $69,595
- Median home value
- $286,100State: $286,700
- Median rent
- $1,060/moState: $1,189
- Homeowners
- 80.7%
- Bachelor's degree or higher
- 8.5%
- Average commute
- 30 min
Is Greenback a good place to live?
Pros: Median household income 5% higher than the Tennessee median; home values about the same as the state median; unemployment of 4.1%; a poverty rate of 9.9%.
Cons: An average commute of 30 minutes.
The weather is best in April–May and September–October.
Cost of living in Greenback
Housing is the biggest part of the cost of living. In Greenback the median home value is $286,100, 14% lower than the U.S. median. Renters pay a median of $1,060 per month, which is 23.1% of household income. Homeowners with a mortgage pay $1,601 a month in housing costs.
Greenback median household income
The median household income in Greenback is $72,961 and the income per person is $31,933. 9.9% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Greenback: homes for sale and rent
- Housing units
- 575
- Owner-occupied
- 80.7%
- Renter-occupied
- 19.3%
- Vacant
- 20.9%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 3.03
Greenback demographics
- Population
- 1,378
- Median age
- 32.6
- Under 18
- 23%
- 65 and older
- 12.2%
- Households
- 455
- Foreign-born
- 0.4%
- Veterans
- 7.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Greenback ›
Education in Greenback
8.5% of adults 25 and older in Greenback have a bachelor's degree or higher (Tennessee: 31.1%), and 3.7% have a graduate or professional degree.
Jobs and commute in Greenback
- Unemployment rate
- 4.1%State: 4.7%
- Average commute
- 30 minState: 26 min
- Work from home
- 11.5%
- Drive alone
- 85.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 95.8%
Greenback vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Greenback | 1,378 | $72,961 | $286,100 | $1,060 |
| Rarity Bay | 757 | $84,861 | $706,000 | $1,598 |
| Vonore | 2,191 | $58,317 | $290,900 | $1,086 |
| Tellico Village | 7,414 | $106,875 | $517,200 | $2,038 |
| Kahite | 892 | $119,286 | $667,900 | — |
| Friendsville | 980 | $69,063 | $217,800 | $1,357 |
| Loudon | 6,432 | $53,650 | $244,200 | $879 |
| Maryville | 32,392 | $81,963 | $358,100 | $1,157 |
| Philadelphia | 684 | $68,679 | $105,600 | $930 |
More for people moving to Greenback
Greenback ZIP code ›Weather and climate ›Living in Greenback: FAQ
What is the median household income in Greenback, TN?
The median household income in Greenback is $72,961, 5% higher 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 Greenback?
The median home value in Greenback is $286,100, compared with $286,700 in Tennessee.
How much is rent in Greenback?
The median gross rent in Greenback is $1,060 per month, about 23.1% of household income.
Is Greenback, TN a good place to live?
Pluses: median household income 5% higher than the Tennessee median; home values about the same as the state median; unemployment of 4.1%; a poverty rate of 9.9%. Minuses: an average commute of 30 minutes.
What is the median age in Greenback?
The median age in Greenback is 32.6 years (Tennessee: 38.9).
How long is the commute in Greenback?
The average commute to work in Greenback is 30 minutes; 11.5% of workers work from home.
What is the unemployment rate in Greenback?
The unemployment rate in Greenback is 4.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Greenback?
8.5% of adults in Greenback 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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