Cost of Living in Clarksville, Tennessee
In Clarksville, the median household income is $69,303 and the median gross rent is $1,307/mo, with a median home value of $263,600. Source: Census Bureau ACS, 2020-2024 estimates.
- Median household income
- $69,303
- Median gross rent
- $1,307/mo
- Median home value
- $263,600
- Population
- 176,456
How Clarksville compares to the Tennessee average
| Measure | Clarksville, TN | Tennessee statewide | Difference |
|---|---|---|---|
| Median household income | $69,303 | $69,595 | -0.4% |
| Median gross rent (monthly) | $1,307 | $1,189 | +9.9% |
| Median home value | $263,600 | $286,700 | -8.1% |
Statewide, Tennessee prices average 91.9 on the BEA Regional Price Parity index (2024), where the U.S. average is 100.
Housing affordability in Clarksville
- Salary needed for median rent
- $52,280
- Rent burden at median income
- 22.6%
- Est. affordable home price
- $252,813
So that $1,307/mo is 30% of gross income
Share of the median household income spent on median rent (30%+ = cost-burdened)
At median income, 6.67% 30-yr rate (FRED, 2026-08), 20% down, 28% front-end DTI
The median home value in Clarksville is $263,600 — +4.3% above what the median household income supports under these assumptions.
Estimates from documented formulas — see methodology. Not financial advice.
Cost of living in other Tennessee cities
About this data
- American Community Survey 5-Year Estimates — data period 2020-2024, retrieved August 13, 2026.
- Regional Price Parities — data period 2024, retrieved August 13, 2026.
- Federal Reserve Economic Data — data period 2026-08, retrieved August 13, 2026.
Figures are shown exactly as published by the source or derived by the documented formulas on our methodology page. Where a source suppresses an estimate, we show “—” rather than a substitute value.