Living in Munford, Tennessee
Cost of living, income, home prices, rent and demographics of Munford · Census data 2020–2024
Munford has 6,588 residents with a median age of 32.1. The median household income is $89,531 (29% higher than the Tennessee median), the median home value is $244,400, the median rent is $1,176/month.
Munford at a glance
- Population
- 6,588
- Median age
- 32.1State: 38.9
- Median household income
- $89,531State: $69,595
- Median home value
- $244,400State: $286,700
- Median rent
- $1,176/moState: $1,189
- Homeowners
- 80.4%
- Bachelor's degree or higher
- 21.2%
- Average commute
- 31 min
Is Munford a good place to live?
Pros: Median household income 29% higher than the Tennessee median; home values 15% lower than the state median; a poverty rate of 8.8%.
Cons: An average commute of 31 minutes; unemployment of 7.9%.
The weather is best in May and August to October.
Cost of living in Munford
Housing is the biggest part of the cost of living. In Munford the median home value is $244,400, 27% lower than the U.S. median. Renters pay a median of $1,176 per month, which is 30.4% of household income. Homeowners with a mortgage pay $1,761 a month in housing costs.
Munford median household income
The median household income in Munford is $89,531 and the income per person is $35,593. 8.8% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Munford: homes for sale and rent
- Housing units
- 2,511
- Owner-occupied
- 80.4%
- Renter-occupied
- 19.6%
- Vacant
- 7.7%Includes seasonal homes
- Median year built
- 1994
- Average household size
- 2.84
Munford demographics
- Population
- 6,588
- Median age
- 32.1
- Under 18
- 28.2%
- 65 and older
- 12.8%
- Households
- 2,318
- Foreign-born
- 1.6%
- Veterans
- 11%Adults 18+
Hispanic or Latino can be of any race. Population history of Munford ›
Education in Munford
21.2% of adults 25 and older in Munford have a bachelor's degree or higher (Tennessee: 31.1%), and 7.2% have a graduate or professional degree.
Jobs and commute in Munford
- Unemployment rate
- 7.9%State: 4.7%
- Average commute
- 31 minState: 26 min
- Work from home
- 9.4%
- Drive alone
- 88.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.1%
Munford vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Munford | 6,588 | $89,531 | $244,400 | $1,176 |
| Atoka | 10,385 | $89,663 | $320,700 | $1,237 |
| Brighton | 2,889 | $80,882 | $214,100 | $1,204 |
| Gilt Edge | 516 | $77,031 | $192,600 | $1,000 |
| Randolph | 252 | $60,568 | $306,800 | — |
| Burlison | 398 | $64,250 | $172,700 | $888 |
| Millington | 11,289 | $49,979 | $207,300 | $1,111 |
| Garland | 370 | $69,688 | $234,200 | $880 |
| Covington | 8,587 | $42,254 | $185,900 | $933 |
More for people moving to Munford
Munford ZIP code ›Weather and climate ›Living in Munford: FAQ
What is the median household income in Munford, TN?
The median household income in Munford is $89,531, 29% 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 Munford?
The median home value in Munford is $244,400, compared with $286,700 in Tennessee.
How much is rent in Munford?
The median gross rent in Munford is $1,176 per month, about 30.4% of household income.
Is Munford, TN a good place to live?
Pluses: median household income 29% higher than the Tennessee median; home values 15% lower than the state median; a poverty rate of 8.8%. Minuses: an average commute of 31 minutes; unemployment of 7.9%.
What is the median age in Munford?
The median age in Munford is 32.1 years (Tennessee: 38.9).
How long is the commute in Munford?
The average commute to work in Munford is 31 minutes; 9.4% of workers work from home.
What is the unemployment rate in Munford?
The unemployment rate in Munford is 7.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Munford?
21.2% of adults in Munford 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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