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Parsons, TN
Full City Profile · Tennessee · Decatur County County
2.5
/5.0
C+
Fair
2,578
Population
637/sq mi density
$32,129
Median Income
$24,105 per capita
$107,400
Home Value
$159,780 Zillow
$731
Median Rent
25.1% income on rent
60°F
Avg Temperature
301 sunny days/yr
217
Violent Crime/100K
1,215 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$32,129 median income, 4.6% unemployment
A+
Affordability
4.8 / 5.0
$107,400 home value, $731/mo rent
F
Safety
1.0 / 5.0
217 violent crimes/100K
D
Education
1.5 / 5.0
6.6% bachelor's degree or higher
Housing Overview
Median Home Value
$107,400
62% below
US avg: $281,900
Median Rent
$731/mo
37% below
US avg: $1,163/mo
Homeownership Rate
55.5%
15% below US avg (65.4%)
Total Housing Units
1,255
Median year built: 1978
Home Value by Source
Census Median
$107,400
Zillow (ZHVI)
$159,780
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.5%
Owner-Occupied
44.5%
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:
$731/mo
Affordability & Housing Stock
Rent Burden
25.1%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
55.5%
Complete Housing Data
Home Values
| Census Median Value | $107,400 |
| Zillow Home Value (ZHVI) | $159,780 |
Rent
| Census Median Rent | $731 |
| 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 | 55.5% |
| Renter-Occupied | 44.5% |
| Homeownership Rate | 55.5% |
| Total Housing Units | 1,255 |
| Median Year Built | 1978 |
| Rent Burden | 25.1% |