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Cowan, TN
Full City Profile · Tennessee · Franklin County County
2.4
/5.0
C
Fair
1,777
Population
842/sq mi density
$37,295
Median Income
$19,627 per capita
$122,500
Home Value
$182,943 Zillow
$716
Median Rent
27.9% income on rent
59°F
Avg Temperature
301 sunny days/yr
60
Violent Crime/100K
966 property/100K
C
Overall
2.4 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.0 / 5.0
$37,295 median income, 5.9% unemployment
A+
Affordability
4.8 / 5.0
$122,500 home value, $716/mo rent
F
Safety
1.0 / 5.0
60 violent crimes/100K
D
Education
1.9 / 5.0
11.7% bachelor's degree or higher
Housing Overview
Median Home Value
$122,500
57% below
US avg: $281,900
Median Rent
$716/mo
38% below
US avg: $1,163/mo
Homeownership Rate
56.0%
14% below US avg (65.4%)
Total Housing Units
781
Median year built: 1973
Home Value by Source
Census Median
$122,500
Zillow (ZHVI)
$182,943
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
56.0%
Owner-Occupied
44.0%
Renter-Occupied
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:
$716/mo
Affordability & Housing Stock
Rent Burden
27.9%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
56.0%
Complete Housing Data
Home Values
| Census Median Value | $122,500 |
| Zillow Home Value (ZHVI) | $182,943 |
Rent
| Census Median Rent | $716 |
| 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-Occupied | 56.0% |
| Renter-Occupied | 44.0% |
| Homeownership Rate | 56.0% |
| Total Housing Units | 781 |
| Median Year Built | 1973 |
| Rent Burden | 27.9% |