Quick facts: Stanton, TN

Quick Facts

99.5
Cost of Living
below US average
413
Population
Crime rate Data is updating, will be available soon
$55,817
Median Income
below US average
$250,000
Median House Price
above US average
$2252.0
Average Rent
above US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

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 $55,817.

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Income Needed to Buy

βœ— Stretch
$78k/year
Based on $250,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $78k vs median $55,817
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Income Needed to Rent

⚠ Stretch
$97k/year
Based on $2252.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $97k vs median $55,817
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Stanton, TN

Stanton is a small town nestled in Haywood County, Tennessee. Known for its tranquil atmosphere and close-knit community, Stanton offers a glimpse into rural Southern living. The town is situated near the Hatchie River, which provides scenic views and opportunities for outdoor activities like fishing and hiking. Stanton's history is rich, with roots dating back to the 19th century. The area reflects traditional Southern culture, featuring historic homes and a relaxed pace of life. It’s a great place for those who appreciate nature and small-town charm. Despite its small size, Stanton is conveniently located near larger cities like Memphis, providing residents with access to urban amenities while maintaining a peaceful lifestyle. The economy is primarily driven by agriculture and local businesses, contributing to the town's character. Outdoor enthusiasts will find plenty to explore in the surrounding areas, including parks and wildlife reserves. Stanton is also part of the greater Memphis metropolitan area, allowing for easy travel to attractions like music venues, parks, and cultural sites in Memphis. Overall, Stanton is a quaint place that highlights the beauty of rural Tennessee.

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