Banner Hill, TN

Full City Profile · Tennessee · Unicoi County County

3.3 /5.0
B Good
1,519 Population 1,085/sq mi density
$66,270 Median Income $31,290 per capita
$120,700 Home Value $216,875 Zillow
55°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$66,270 median income, 8.6% unemployment
A+
Affordability
5.0 / 5.0
$120,700 home value, /mo rent
D
Education
2.0 / 5.0
12.1% bachelor's degree or higher

Housing Overview

Median Home Value
$120,700
57% below
US avg: $281,900
Homeownership Rate
88.4%
35% above US avg (65.4%)
Total Housing Units
585
Median year built: 1970

Home Value by Source

Census Median
$120,700
Zillow (ZHVI)
$216,875
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.4%
Owner-Occupied
11.6%
Renter-Occupied
88%
12%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo

Affordability & Housing Stock

Rent Burden
35.2%
of renters spending 30%+ of income on housing
14% above US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
88.4%

Complete Housing Data

Home Values

Census Median Value$120,700
Zillow Home Value (ZHVI)$216,875

Rent

FMR Studio$882
FMR 1-Bedroom$924
FMR 2-Bedroom$1,118
FMR 3-Bedroom$1,445
FMR 4-Bedroom$1,644

Market

Ownership & Stock

Owner-Occupied88.4%
Renter-Occupied11.6%
Homeownership Rate88.4%
Total Housing Units585
Median Year Built1970
Rent Burden35.2%