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Red Bank, TN

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
64
Very Affordable
Median Home Value
$246,100
National: $426,735
Median Rent
$1,118/mo
National: $1,527/mo
Household Income
$61,788
National: $84,532
Population
11,960
Purchasing Power
114
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
58 / 100
100 = national average
Rent Index
73 / 100
Overall Index
64
Very Affordable

Red Bank Mortgage Calculator

Pre-filled with the local median home value of $246,100 and Tennessee's property tax rate of 0.66%.

Salary & Purchasing Power

Median household income is $61,788 27% below the national average.

What $61,788 in Red Bank Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$145,781+136%
Los Angeles, CA$164,124+166%
Indianapolis city (balance), IN$56,961-8%
Oklahoma City, OK$56,961-8%

Property Tax in Red Bank, TN

Est. Annual Property Tax
$1,624
Monthly Impact
$135
Added to your mortgage
Effective Rate
0.66%
National avg: ~1.00%

Tennessee Tax Overview

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 Red Bank to Another City

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Cost of Living Comparison

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Red Bank, TN
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Red Bank, TN: 58
Rent Prices
73
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR