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City Housing Verdict

Harrison, TN

Manageable

The cost of living in Harrison, TN is 2% below the national average (Cost Index: 98). Homes here are typically valued around $335,007, compared to the $303,400 national median. The median household income is $89,753 — overall, living costs and earnings are reasonably balanced in this area.

Harrison looks comparatively manageable for household relocation, with 16% rent burden, 3.7x home-price-to-income, and a housing index of 110. Use the assumptions below to test whether your own budget still stays in the safe range.Data Sources: U.S. Census Bureau ACS 2023 · BEA RPP 2023 · Zillow ZHVI

Data Updated: March 2026
Housing Feasibility Verdict
Safe

Based on your household income, housing mode, local rent, home value, property tax, and mortgage assumptions for Harrison.

Monthly Housing
$1,232/mo
Lower of rent or buy scenario
Housing Burden
16%
Healthy
Residual Cash
$5,747/mo
After housing and debt · $1,916/person
Rent vs Buy
Buying can be tested
Main pressure: home prices
Assumptions
Housing Mode
Confidence: MediumHome source: ZILLOWRent source: ACSBEA proxy: msaHousehold size: 3Down payment: 20%Fixed burden: 23%
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Cost Index
98
Average
Based on housing costs · See methodology
Median Home Value
$335,007
Zillow ZHVI Market Rate • Census ACS: $254,600
National: $303,400
Median Rent
$1,232/mo
Source: Census ACS
National: $1,348/mo
Household Income
$89,753
National: $78,538
Population
8,446
Purchasing Power
117
100 = national baseline

Cost of Living Breakdown

Each index uses 100 as the US national average. A score of 150 means 50% more expensive; 80 means 20% cheaper.

Housing Cost Index
110 / 100
10% above average
Rent Index
91 / 100
9% below average
Goods & Groceries
96 / 100
About the same as most US cities
Utilities
74 / 100
26% lower utility bills
Healthcare & Services
95 / 100
In line with national average
Overall Index
98
Average

Harrison Mortgage Calculator

Pre-filled with the local median home value of $335,007 and Tennessee's property tax rate of 0.66%.

Household Housing Budget

Local median household income is shown only as a place-side affordability input. Personal salary, filing status, and take-home pay analysis belong in salary.city.

Local Household Income
$89,753
Census ACS place context
Rent Burden Estimate
16%
Typical annual rent / local household income
Home Price to Income
3.7x
Typical home value / local household income
Use this section to judge whether Harrison looks structurally manageable for a household budget. For a specific job offer, filing status, payroll taxes, or salary equivalence across cities, run the income-side decision in salary.city.

Property Tax in Harrison, TN

Est. Annual Property Tax
$2,211
Monthly Impact
$184
Added to your mortgage
Effective Rate
0.66%
National avg: ~1.00%

Tennessee Place Tax Context

Tax TypeTennesseeNational Avg
Property Tax Rate0.66%1.00%
Top Income Tax RateNo State Income Tax~5.0%
State Sales Tax9.55%~5.0%

Compare Harrison to Another City

Compare place-side costs such as housing, rent, groceries, utilities, services, and tax context.

Cost of Living Comparison

Compare place-side housing, rent, goods, services, and utility pressure between cities.

Harrison, TN
98
91
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Harrison, TN: 110
Rent Prices
91

FAQ: Living in Harrison

What is the cost of living like in Harrison, TN?+

Living costs in Harrison land close to the national average, with a Cost Index of 98 (where 100 = the US baseline). Housing is the largest variable: the median home value here is $335,007, and typical monthly rents run around $1,232. Groceries and utilities are slightly below what you would find in most US cities.

How does Harrison fit a household housing budget?+

Start with housing. Typical monthly rent is $1,232, while local median household income is $89,753. That implies a rent-burden proxy of about 16% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

How much are taxes in Harrison, TN?+

Tennessee is one of the few states with no state income tax, which can save residents thousands of dollars per year. The effective property tax rate is 0.66%. On a home worth $335,007, that translates to roughly $2,211 per year in property taxes. Sales tax (state + local) averages around 9.55% on everyday purchases.

How much does it cost to rent in Harrison, TN?+

The typical monthly rent in Harrison is around $1,232. That's close to the $1,348 national median. For comparison, the median home value here is $335,007, so buyers should also factor in mortgage payments, property taxes, and insurance.

How much does a house cost in Harrison, TN?+

The median home in Harrison is valued at $335,007. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $1,694/month for principal and interest alone — before property taxes and insurance. About 74% of residents here own their homes.

Are groceries and utilities expensive in Harrison?+

Grocery prices in Harrison are about average compared to the rest of the US (index: 96, where 100 is the national average). Utility bills (electricity, gas, water) are below average (index: 74). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

What is Harrison, TN like to live in?+

Harrison is a small town with a population of about 8,446. The median age of residents is 44.3, skewing somewhat older — common in established suburban communities. The local poverty rate is 4.26%, well below the national average of 12.4%.

Lower-Pressure Alternatives in Tennessee

If Harrison feels tight, start with these same-state cities that look easier on rent burden or buy-side pressure.

Higher-Pressure Comparisons in Tennessee

Use these city pages when you want to compare Harrison against tougher same-state markets before deciding whether the current city is already a stretch.

LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
Data Sources & Methodology
  • Real Estate & Housing: Zillow Home Value Index (ZHVI, Smoothed & Seasonally Adjusted) and Zillow Observed Rent Index (ZORI). Structural fallback utilizes U.S. Census Bureau ACS 5-Year Estimates.
  • Goods, Utilities & Services: U.S. Bureau of Economic Analysis (BEA) Metropolitan Area Regional Price Parities (MARPP), incorporating verified State Nonmetropolitan averages.
  • Mortgage Rates: Freddie Mac 30-Year Fixed Rate Mortgage Average in the United States (PMMS) via Federal Reserve Economic Data (FRED).
  • Tax Context: State-level property, sales, and income-tax context used for place-side relocation planning. Personal take-home pay and offer analysis are handled by salary.city.
  • Index Methodology: Weighting matrix derived from Bureau of Labor Statistics (BLS) Consumer Expenditure Surveys (CEX) distributional models. Baseline standardized at 100. (Read methodology details)
Last data update: March 2026 · Mortgage rates updated monthly