Medon, TN
Full City Profile · Tennessee · Madison County County
3.6
/5.0
B+
Good
243
Population
245/sq mi density
$57,375
Median Income
$30,367 per capita
$116,900
Home Value
$206,838 Zillow
$850
Median Rent
22.5% income on rent
60°F
Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$57,375 median income, 7.3% unemployment
A+
Affordability
5.0 / 5.0
$116,900 home value, $850/mo rent
C
Education
2.4 / 5.0
18.1% bachelor's degree or higher
Housing Overview
Median Home Value
$116,900
59% below
US avg: $281,900
Median Rent
$850/mo
27% below
US avg: $1,163/mo
Homeownership Rate
94.2%
44% above US avg (65.4%)
Total Housing Units
110
Median year built: 1983
Home Value by Source
Census Median
$116,900
Zillow (ZHVI)
$206,838
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
94.2%
Owner-Occupied
5.8%
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:
$850/mo
Affordability & Housing Stock
Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
94.2%
Complete Housing Data
Home Values
| Census Median Value | $116,900 |
| Zillow Home Value (ZHVI) | $206,838 |
Rent
| Census Median Rent | $850 |
| 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 | 94.2% |
| Renter-Occupied | 5.8% |
| Homeownership Rate | 94.2% |
| Total Housing Units | 110 |
| Median Year Built | 1983 |
| Rent Burden | 22.5% |