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Collinwood, TN

Full City Profile · Tennessee · Wayne County County

3.3 /5.0
B Good
1,044 Population 376/sq mi density
$52,083 Median Income $30,320 per capita
$89,100 Home Value $144,017 Zillow
$473 Median Rent 21.7% income on rent
58°F Avg Temperature 302 sunny days/yr
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$52,083 median income, 1.7% unemployment
A+
Affordability
5.0 / 5.0
$89,100 home value, $473/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.9 / 5.0
11.8% bachelor's degree or higher

Housing Overview

Median Home Value
$89,100
68% below
US avg: $281,900
Median Rent
$473/mo
59% below
US avg: $1,163/mo
Homeownership Rate
73.5%
12% above US avg (65.4%)
Total Housing Units
505
Median year built: 1971

Home Value by Source

Census Median
$89,100
Zillow (ZHVI)
$144,017
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.5%
Owner-Occupied
26.5%
Renter-Occupied
74%
27%
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
Census median rent: $473/mo

Affordability & Housing Stock

Rent Burden
21.7%
of renters spending 30%+ of income on housing
30% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
73.5%

Complete Housing Data

Home Values

Census Median Value$89,100
Zillow Home Value (ZHVI)$144,017

Rent

Census Median Rent$473
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-Occupied73.5%
Renter-Occupied26.5%
Homeownership Rate73.5%
Total Housing Units505
Median Year Built1971
Rent Burden21.7%