Living in Park City, Tennessee
Cost of living, income, home prices, rent and demographics of Park City · Census data 2020–2024
Park City has 2,813 residents with a median age of 50.2. The median household income is $95,417 (37% higher than the Tennessee median), the median home value is $216,700, the median rent is $795/month.
Park City at a glance
- Population
- 2,813
- Median age
- 50.2State: 38.9
- Median household income
- $95,417State: $69,595
- Median home value
- $216,700State: $286,700
- Median rent
- $795/moState: $1,189
- Homeowners
- 84.5%
- Bachelor's degree or higher
- 15%
- Average commute
- 26 min
Is Park City a good place to live?
Pros: Median household income 37% higher than the Tennessee median; home values 24% lower than the state median; unemployment of 2.6%; a poverty rate of 4.7%.
Cons: An average commute of 26 minutes.
The weather is best in April–May and September–October.
Cost of living in Park City
Housing is the biggest part of the cost of living. In Park City the median home value is $216,700, 35% lower than the U.S. median. Renters pay a median of $795 per month, which is 13.6% of household income. Homeowners with a mortgage pay $1,019 a month in housing costs.
Park City median household income
The median household income in Park City is $95,417 and the income per person is $42,667. 4.7% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Park City: homes for sale and rent
- Housing units
- 1,122
- Owner-occupied
- 84.5%
- Renter-occupied
- 15.5%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.51
Park City demographics
- Population
- 2,813
- Median age
- 50.2
- Under 18
- 18%
- 65 and older
- 17.8%
- Households
- 1,122
- Foreign-born
- 1%
- Veterans
- 6.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Park City ›
Education in Park City
15% of adults 25 and older in Park City have a bachelor's degree or higher (Tennessee: 31.1%), and 7.6% have a graduate or professional degree.
Jobs and commute in Park City
- Unemployment rate
- 2.6%State: 4.7%
- Average commute
- 26 minState: 26 min
- Work from home
- 4.3%
- Drive alone
- 77.7%
- Public transit
- 1%
- Walk to work
- 0.7%
- Homes with broadband
- 85%
Park City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Park City | 2,813 | $95,417 | $216,700 | $795 |
| Fayetteville | 7,057 | $49,223 | $230,800 | $779 |
| Flintville | 525 | $55,556 | $236,800 | — |
| Blanche | 156 | $95,179 | — | — |
| Hazel Green | 3,940 | $86,271 | $230,800 | $992 |
| Meridianville | 11,150 | $97,434 | $291,900 | $1,348 |
| Ardmore | 1,384 | $50,352 | $216,600 | $714 |
| New Market | 1,314 | $62,500 | $112,500 | $1,054 |
| Moores Mill | 6,378 | $96,774 | $274,000 | $1,288 |
More for people moving to Park City
Park City ZIP code ›Weather and climate ›Living in Park City: FAQ
What is the median household income in Park City, TN?
The median household income in Park City is $95,417, 37% 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 Park City?
The median home value in Park City is $216,700, compared with $286,700 in Tennessee.
How much is rent in Park City?
The median gross rent in Park City is $795 per month, about 13.6% of household income.
Is Park City, TN a good place to live?
Pluses: median household income 37% higher than the Tennessee median; home values 24% lower than the state median; unemployment of 2.6%; a poverty rate of 4.7%. Minuses: an average commute of 26 minutes.
What is the median age in Park City?
The median age in Park City is 50.2 years (Tennessee: 38.9).
How long is the commute in Park City?
The average commute to work in Park City is 26 minutes; 4.3% of workers work from home.
What is the unemployment rate in Park City?
The unemployment rate in Park City is 2.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Park City?
15% of adults in Park City 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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