Meigs County, Tennessee Housing Market
In Meigs County, Tennessee, the median home value is $180,000, with a median monthly rent of $875. This places Meigs County at #1639 nationally out of 3134 counties by median home value, and #58 within Tennessee.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,206
- Establishments: 140
- BLS QCEW, 2025
Housing Supply
- Single-family: 91
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 5,157 (avg $67,853)
- Outflow: 4,601 (avg $66,048)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Meigs County Compares
| Metric | Meigs County | Tennessee Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $180,000 | $223,385 | $227,706 |
| Median Gross Rent | $875 | $892 | $968 |
| Owner Occupancy Rate | 81.0% | 74.1% | 73.3% |
| Price/Rent Ratio | 17.1 | 20.5 | 18.7 |
Market Analysis
The median home value in Meigs County is 19.4% below the Tennessee state average and 21.0% below the U.S. national average. The median rent of $875/month is 1.9% below the state average.
With a price-to-rent ratio of 17.1, the buy-vs-rent decision in Meigs County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Meigs County has an owner-occupancy rate of 81.0%, compared to 74.1% in Tennessee and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Gibson County | Indiana | $180,000 | $935 |
| Guthrie County | Iowa | $180,100 | $845 |
| Gasconade County | Missouri | $179,900 | $743 |
| Cleburne County | Arkansas | $179,800 | $859 |
| Bollinger County | Missouri | $179,800 | $694 |
Other Counties in Tennessee
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Johnson County | $178,600 | $674 | 77.5% |
| Pickett County | $178,500 | $564 | 83.4% |
| Hawkins County | $176,300 | $785 | 80.1% |
| Campbell County | $186,500 | $716 | 69.2% |
| Lewis County | $173,400 | $708 | 81.9% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).