MyNeighborhood

Can you afford to live in Cleveland?

Median household income, home values and rent in Cleveland, TN — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Cleveland.

Median household income: $55,904 — +52.5% since 2015 (not adjusted for inflation)

Median gross rent: $966/mo — +37.0% since 2015

Median home value, 2015 to 2023

  • 2015: 159400
  • 2023: 241800

Median household income

  • Cleveland: 55904
  • Bradley County: 63789
  • TN: 67097
  • U.S.: 78538

Median gross rent

  • Cleveland: 966
  • Bradley County: 959
  • TN: 1122
  • U.S.: 1348

Share of income a typical renter spends on rent: 30.7% — U.S.: 30.2%

What it means

The typical household here earns $55,904 — far lower than the national figure of $78,538.

The typical renter here spends 30.7% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, income has kept pace with rent here (+52.5% versus +37.0%), before adjusting for inflation.

Sources

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