Living in Sweetwater, Tennessee

Cost of living, income, home prices, rent and demographics of Sweetwater · Census data 2020–2024

Sweetwater has 6,532 residents with a median age of 40.8. The median household income is $45,451 (35% lower than the Tennessee median), the median home value is $178,400, the median rent is $619/month.

Sweetwater at a glance

Population
6,532
Median age
40.8State: 38.9
Median household income
$45,451State: $69,595
Median home value
$178,400State: $286,700
Median rent
$619/moState: $1,189
Homeowners
55.1%
Bachelor's degree or higher
18.7%
Average commute
20 min

Is Sweetwater a good place to live?

Pros: Home values 38% lower than the state median; an average commute of 20 minutes; unemployment of 2.7%.

Cons: Median household income 35% lower than the Tennessee median; a poverty rate of 14.6%.

The weather is best in April–May and September–October.

Cost of living in Sweetwater

Housing is the biggest part of the cost of living. In Sweetwater the median home value is $178,400, 46% lower than the U.S. median. Renters pay a median of $619 per month, which is 32.7% of household income. Homeowners with a mortgage pay $1,004 a month in housing costs.

Median home value

Sweetwater$178,400
Tennessee$286,700
United States$332,700

Median monthly rent

Sweetwater$619
Tennessee$1,189
United States$1,413

Sweetwater median household income

The median household income in Sweetwater is $45,451 and the income per person is $25,949. 14.6% of residents live below the poverty line (Tennessee: 13.8%).

Median household income

Sweetwater$45,451
Tennessee$69,595
United States$80,734

Housing in Sweetwater: homes for sale and rent

Housing units
3,050
Owner-occupied
55.1%
Renter-occupied
44.9%
Vacant
4.9%Includes seasonal homes
Median year built
1976
Average household size
2.19

Sweetwater demographics

Population
6,532
Median age
40.8
Under 18
23.5%
65 and older
24.8%
Households
2,902
Foreign-born
2.6%
Veterans
8.2%Adults 18+

Race and ethnicity

White82.2%
Hispanic or Latino6.9%
Black5.1%
Asian0%

Hispanic or Latino can be of any race. Population history of Sweetwater ›

Education in Sweetwater

18.7% of adults 25 and older in Sweetwater have a bachelor's degree or higher (Tennessee: 31.1%), and 5.6% have a graduate or professional degree.

Bachelor's degree or higher

Sweetwater18.7%
Tennessee31.1%
United States35.7%

Jobs and commute in Sweetwater

Unemployment rate
2.7%State: 4.7%
Average commute
20 minState: 26 min
Work from home
6.9%
Drive alone
79.5%
Public transit
0%
Walk to work
0%
Homes with broadband
87.5%

Sweetwater vs nearby towns

TownPopulationMedian incomeHome valueRent
Sweetwater6,532$45,451$178,400$619
Philadelphia684$68,679$105,600$930
Niota735$61,528$156,300$1,007
Madisonville5,241$39,878$234,400$726
Loudon6,432$53,650$244,200$879
Englewood1,818$51,094$140,000$763
Athens14,471$53,929$225,000$846
Rarity Bay757$84,861$706,000$1,598
Vonore2,191$58,317$290,900$1,086

More for people moving to Sweetwater

Sweetwater ZIP code ›Weather and climate ›

Living in Sweetwater: FAQ

What is the median household income in Sweetwater, TN?

The median household income in Sweetwater is $45,451, 35% 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 Sweetwater?

The median home value in Sweetwater is $178,400, compared with $286,700 in Tennessee.

How much is rent in Sweetwater?

The median gross rent in Sweetwater is $619 per month, about 32.7% of household income.

Is Sweetwater, TN a good place to live?

Pluses: home values 38% lower than the state median; an average commute of 20 minutes; unemployment of 2.7%. Minuses: median household income 35% lower than the Tennessee median; a poverty rate of 14.6%.

What is the median age in Sweetwater?

The median age in Sweetwater is 40.8 years (Tennessee: 38.9).

How long is the commute in Sweetwater?

The average commute to work in Sweetwater is 20 minutes; 6.9% of workers work from home.

What is the unemployment rate in Sweetwater?

The unemployment rate in Sweetwater is 2.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Sweetwater?

18.7% of adults in Sweetwater 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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