Living in Red Bank, Tennessee
Cost of living, income, home prices, rent and demographics of Red Bank · Census data 2020–2024
Red Bank has 12,010 residents with a median age of 37.9. The median household income is $63,983 (8% lower than the Tennessee median), the median home value is $269,400, the median rent is $1,283/month.
Red Bank at a glance
- Population
- 12,010
- Median age
- 37.9State: 38.9
- Median household income
- $63,983State: $69,595
- Median home value
- $269,400State: $286,700
- Median rent
- $1,283/moState: $1,189
- Homeowners
- 55.8%
- Bachelor's degree or higher
- 44.5%
- Average commute
- 19 min
Is Red Bank a good place to live?
Pros: Home values 6% lower than the state median; an average commute of 19 minutes; unemployment of 3.8%; a poverty rate of 12%.
Cons: Median household income 8% lower than the Tennessee median.
The weather is best in April–May and September–October.
Cost of living in Red Bank
Housing is the biggest part of the cost of living. In Red Bank the median home value is $269,400, 19% lower than the U.S. median. Renters pay a median of $1,283 per month, which is 30.7% of household income. Homeowners with a mortgage pay $1,323 a month in housing costs.
Red Bank median household income
The median household income in Red Bank is $63,983 and the income per person is $45,549. 12% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Red Bank: homes for sale and rent
- Housing units
- 6,564
- Owner-occupied
- 55.8%
- Renter-occupied
- 44.2%
- Vacant
- 6.7%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 1.96
Red Bank demographics
- Population
- 12,010
- Median age
- 37.9
- Under 18
- 13.7%
- 65 and older
- 15.6%
- Households
- 6,123
- Foreign-born
- 4.8%
- Veterans
- 6.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Red Bank ›
Education in Red Bank
44.5% of adults 25 and older in Red Bank have a bachelor's degree or higher (Tennessee: 31.1%), and 17.8% have a graduate or professional degree.
Jobs and commute in Red Bank
- Unemployment rate
- 3.8%State: 4.7%
- Average commute
- 19 minState: 26 min
- Work from home
- 13.1%
- Drive alone
- 76.1%
- Public transit
- 0%
- Walk to work
- 1.2%
- Homes with broadband
- 92.3%
Red Bank vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Red Bank | 12,010 | $63,983 | $269,400 | $1,283 |
| Signal Mountain | 8,860 | $141,008 | $544,300 | $1,852 |
| Walden | 1,845 | $124,493 | $679,900 | $1,537 |
| Chattanooga | 185,783 | $64,523 | $283,200 | $1,256 |
| Fairmount | 2,110 | $137,317 | $464,500 | $1,675 |
| Ridgeside | 879 | $191,167 | $481,600 | — |
| Falling Water | 2,315 | $111,842 | $420,600 | — |
| Lone Oak | 1,422 | $40,781 | $257,500 | $687 |
| Middle Valley | 12,187 | $95,000 | $319,400 | $1,180 |
More for people moving to Red Bank
Red Bank ZIP code ›Weather and climate ›Living in Red Bank: FAQ
What is the median household income in Red Bank, TN?
The median household income in Red Bank is $63,983, 8% 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 Red Bank?
The median home value in Red Bank is $269,400, compared with $286,700 in Tennessee.
How much is rent in Red Bank?
The median gross rent in Red Bank is $1,283 per month, about 30.7% of household income.
Is Red Bank, TN a good place to live?
Pluses: home values 6% lower than the state median; an average commute of 19 minutes; unemployment of 3.8%; a poverty rate of 12%. Minuses: median household income 8% lower than the Tennessee median.
What is the median age in Red Bank?
The median age in Red Bank is 37.9 years (Tennessee: 38.9).
How long is the commute in Red Bank?
The average commute to work in Red Bank is 19 minutes; 13.1% of workers work from home.
What is the unemployment rate in Red Bank?
The unemployment rate in Red Bank is 3.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Red Bank?
44.5% of adults in Red Bank 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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