Quick facts: Brownsville, TN

Quick Facts

99.5
Cost of Living
below US average
9,542
Population
36.47
Crime Rate per 1000
above US average
$38,662
Median Income
below US average
$232,000
Median House Price
above US average
$1117.5
Average Rent
below US average
16%
Poverty Rate
above US average
4.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $38,662.

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Income Needed to Buy

βœ— Stretch
$73k/year
Based on $232,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $73k vs median $38,662
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Income Needed to Rent

⚠ Stretch
$48k/year
Based on $1117.5/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $48k vs median $38,662
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Brownsville, TN

Brownsville, Tennessee, is a small city located in Haywood County, in the western part of the state. With a population of around 10,000 residents, it serves as a center for local commerce and agriculture. The city is known for its rich history, including its role in the cotton industry during the 19th century. Visitors can explore historical sites, such as the Haywood County Courthouse and the Tennessee Legends Museum, which showcase the area's cultural heritage. The city's location along Highway 54 and Interstate 40 provides convenient access to larger urban centers like Memphis, located about 50 miles to the southwest. Brownsville also offers a variety of recreational opportunities, including parks and outdoor spaces, making it an ideal spot for families and nature lovers. Brownsville hosts several annual events that bring the community together, such as the Brownsville Haywood County Fair and the town's vibrant Christmas parade. The friendly local atmosphere, combined with a deep sense of history and community spirit, makes Brownsville an inviting place to live or visit.

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