Michie, TN
Full City Profile · Tennessee · McNairy County County
3.6
/5.0
B+
Good
526
Population
94/sq mi density
$67,813
Median Income
$39,069 per capita
$159,700
Home Value
$196,524 Zillow
$650
Median Rent
28.8% income on rent
62°F
Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$67,813 median income, 6.1% unemployment
A+
Affordability
5.0 / 5.0
$159,700 home value, $650/mo rent
C
Education
2.2 / 5.0
14.4% bachelor's degree or higher
Housing Overview
Median Home Value
$159,700
43% below
US avg: $281,900
Median Rent
$650/mo
44% below
US avg: $1,163/mo
Homeownership Rate
92.3%
41% above US avg (65.4%)
Total Housing Units
298
Median year built: 1978
Home Value by Source
Census Median
$159,700
Zillow (ZHVI)
$196,524
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
92.3%
Owner-Occupied
7.7%
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:
$650/mo
Affordability & Housing Stock
Rent Burden
28.8%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
92.3%
Complete Housing Data
Home Values
| Census Median Value | $159,700 |
| Zillow Home Value (ZHVI) | $196,524 |
Rent
| Census Median Rent | $650 |
| 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 | 92.3% |
| Renter-Occupied | 7.7% |
| Homeownership Rate | 92.3% |
| Total Housing Units | 298 |
| Median Year Built | 1978 |
| Rent Burden | 28.8% |