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Grand Junction, TN

Full City Profile · Tennessee · Fayette County County

2.7 /5.0
C+ Fair
560 Population 471/sq mi density
$74,583 Median Income $32,510 per capita
$154,000 Home Value $147,553 Zillow
$839 Median Rent 13.7% income on rent
61°F Avg Temperature 301 sunny days/yr
376 Violent Crime/100K 376 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$74,583 median income, 8.9% unemployment
A+
Affordability
5.0 / 5.0
$154,000 home value, $839/mo rent
F
Safety
1.0 / 5.0
376 violent crimes/100K
D
Education
1.6 / 5.0
7.0% bachelor's degree or higher

Housing Overview

Median Home Value
$154,000
45% below
US avg: $281,900
Median Rent
$839/mo
28% below
US avg: $1,163/mo
Homeownership Rate
65.1%
0% below US avg (65.4%)
Total Housing Units
187
Median year built: 1950

Home Value by Source

Census Median
$154,000
Zillow (ZHVI)
$147,553
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.1%
Owner-Occupied
34.9%
Renter-Occupied
65%
35%
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: $839/mo

Affordability & Housing Stock

Rent Burden
13.7%
of renters spending 30%+ of income on housing
56% below US avg (31.0%)
Median Year Built
1950
Average age of housing stock: 76 years
Homeownership Rate
65.1%

Complete Housing Data

Home Values

Census Median Value$154,000
Zillow Home Value (ZHVI)$147,553

Rent

Census Median Rent$839
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-Occupied65.1%
Renter-Occupied34.9%
Homeownership Rate65.1%
Total Housing Units187
Median Year Built1950
Rent Burden13.7%