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Iron City, TN

Full City Profile · Tennessee · Lawrence County County

3.2 /5.0
B Good
226 Population 328/sq mi density
$17,500 Median Income $17,349 per capita
$54,700 Home Value $193,001 Zillow
58°F Avg Temperature 302 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
F
Economy
1.1 / 5.0
$17,500 median income, 9.5% unemployment
A+
Affordability
4.9 / 5.0
$54,700 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.3 / 5.0
0.0% bachelor's degree or higher

Housing Overview

Median Home Value
$54,700
81% below
US avg: $281,900
Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
106
Median year built: 1964

Home Value by Source

Census Median
$54,700
Zillow (ZHVI)
$193,001
Median Sale Price
$135,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

100.0%
Owner-Occupied
0.0%
Renter-Occupied
100%
0%
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

Market Indicators (Redfin)

Median Days on Market
163 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$98
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
100.0%

Complete Housing Data

Home Values

Census Median Value$54,700
Zillow Home Value (ZHVI)$193,001
Median Sale Price$135,000
Price Per Sq Ft$98

Rent

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

Market

Days on Market163
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$98

Ownership & Stock

Owner-Occupied100.0%
Renter-Occupied0.0%
Homeownership Rate100.0%
Total Housing Units106
Median Year Built1964
Rent Burden27.6%