Quick facts: Mount juliet, TN

Quick Facts

100.3
Cost of Living
above US average
42,548
Population
9.89
Crime Rate per 1000
below US average
$108,066
Median Income
above US average
$624,990
Median House Price
above US average
$2714.04
Average Rent
above US average
5%
Poverty Rate
below US average
2.8%
Unemployment Rate
below 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 $108,066.

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Income Needed to Buy

βœ— Stretch
$196k/year
Based on $624,990 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $196k vs median $108,066
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Income Needed to Rent

⚠ Stretch
$116k/year
Based on $2714.04/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $116k vs median $108,066
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Mount juliet, TN

Mount Juliet is a thriving city located in Wilson County, Tennessee, just east of Nashville. With a population of around 37,000, it combines the charm of a small town with the convenience of nearby metropolitan amenities. Known for its family-friendly atmosphere, Mount Juliet boasts excellent schools, beautiful parks, and recreational opportunities, making it an attractive place for families and professionals alike. The city is famous for the stunning Percy Priest Lake, offering residents and visitors alike a myriad of outdoor activities, such as boating, fishing, and hiking. Mount Juliet's vibrant community includes a mix of local shops, restaurants, and larger retail centers, ensuring a diverse shopping experience. The economy here is growing, benefiting from its proximity to Nashville, which provides ample job opportunities in various sectors. Mount Juliet has a rich history and a strong sense of community, demonstrated through its numerous annual events and festivals. As a bedroom community of Nashville, it offers a peaceful suburban lifestyle while maintaining easy access to the cultural and entertainment options of the larger city.

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