Living in Townsend, Tennessee
Cost of living, income, home prices, rent and demographics of Townsend · Census data 2020–2024
Townsend has 701 residents with a median age of 38.1. The median household income is $85,921 (23% higher than the Tennessee median), the median home value is $370,700, the median rent is $1,347/month.
Townsend is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Townsend at a glance
- Population
- 701
- Median age
- 38.1State: 38.9
- Median household income
- $85,921State: $69,595
- Median home value
- $370,700State: $286,700
- Median rent
- $1,347/moState: $1,189
- Homeowners
- 86.7%
- Bachelor's degree or higher
- 44.4%
- Average commute
- 30 min
Is Townsend a good place to live?
Pros: Median household income 23% higher than the Tennessee median; a poverty rate of 5.1%.
Cons: Home values 29% higher than the state median; an average commute of 30 minutes; unemployment of 11.3%.
The weather is best in April–May and September–October.
Cost of living in Townsend
Housing is the biggest part of the cost of living. In Townsend the median home value is $370,700, 11% higher than the U.S. median. Renters pay a median of $1,347 per month, which is 18.3% of household income. Homeowners with a mortgage pay $2,064 a month in housing costs.
Townsend median household income
The median household income in Townsend is $85,921 and the income per person is $38,042. 5.1% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Townsend: homes for sale and rent
- Housing units
- 490
- Owner-occupied
- 86.7%
- Renter-occupied
- 13.3%
- Vacant
- 38.8%Includes seasonal homes
- Median year built
- 1990
- Average household size
- 2.34
38.8% of homes are vacant most of the year, a sign that Townsend has many vacation and second homes.
Townsend demographics
- Population
- 701
- Median age
- 38.1
- Under 18
- 20.4%
- 65 and older
- 27.8%
- Households
- 300
- Foreign-born
- 2.4%
- Veterans
- 12%Adults 18+
Hispanic or Latino can be of any race. Population history of Townsend ›
Education in Townsend
44.4% of adults 25 and older in Townsend have a bachelor's degree or higher (Tennessee: 31.1%), and 17.7% have a graduate or professional degree.
Jobs and commute in Townsend
- Unemployment rate
- 11.3%State: 4.7%
- Average commute
- 30 minState: 26 min
- Work from home
- 2.3%
- Drive alone
- 91.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 95%
Townsend vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Townsend | 701 | $85,921 | $370,700 | $1,347 |
| Walland | 377 | $63,906 | $271,100 | — |
| Wildwood | 968 | $87,083 | $212,200 | $1,665 |
| Eagleton Village | 5,598 | $71,875 | $197,700 | $1,124 |
| Pigeon Forge | 6,375 | $53,261 | $291,800 | $1,053 |
| Maryville | 32,392 | $81,963 | $358,100 | $1,157 |
| Seymour | 16,216 | $82,855 | $308,100 | $1,515 |
| Gatlinburg | 3,663 | $53,475 | $332,000 | $1,098 |
| Rockford | 824 | $71,094 | $283,500 | $965 |
More for people moving to Townsend
Townsend ZIP code ›Weather and climate ›Living in Townsend: FAQ
What is the median household income in Townsend, TN?
The median household income in Townsend is $85,921, 23% 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 Townsend?
The median home value in Townsend is $370,700, compared with $286,700 in Tennessee.
How much is rent in Townsend?
The median gross rent in Townsend is $1,347 per month, about 18.3% of household income.
Is Townsend, TN a good place to live?
Pluses: median household income 23% higher than the Tennessee median; a poverty rate of 5.1%. Minuses: home values 29% higher than the state median; an average commute of 30 minutes; unemployment of 11.3%.
What is the median age in Townsend?
The median age in Townsend is 38.1 years (Tennessee: 38.9).
How long is the commute in Townsend?
The average commute to work in Townsend is 30 minutes; 2.3% of workers work from home.
What is the unemployment rate in Townsend?
The unemployment rate in Townsend is 11.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Townsend?
44.4% of adults in Townsend 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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