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Parrottsville town, TN

ZIP 37843 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 37843

Median Home Value
$164,600
Median Rent
$544
Affordability Snapshot
$45,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,057/mo PITI).

10%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

25.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 37843 in Parrottsville town, TN, a household would need roughly $45,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,057. That sits below the local median household income ($66,071), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
77.4%+18% vs US avg
x
Vacancy Rate
8.8%-14% vs US avg
x
Broadband Access
74.4%-14% vs US avg
x
4+ Bedrooms
2.4%-84% vs US avg
x
Built Pre-1939
1.1%-92% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
12.8%-74% vs US avg
x
Mortgage-Free
54.6%+43% vs US avg
x
$164,600
Home Value
$544
Rent
1993
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached57.2%
  • 1-unit attached0.0%
  • 2-9 units2.8%
  • 10+ units0.2%
  • Mobile home & other39.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$164,600
Median rent$544
Owner-occupied77.4%
Vacant8.8%
Price-to-income2.5x
Est. income to buy$45,000