MyNeighborhood

Can you afford to live in Lebanon?

Median household income, home values and rent in Lebanon, 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 Lebanon.

Median household income: $71,320 — +71.8% since 2015 (not adjusted for inflation)

Median gross rent: $1,210/mo — +53.7% since 2015

Median home value, 2015 to 2023

  • 2015: 170900
  • 2023: 359300

Median household income

  • Lebanon: 71320
  • Wilson County: 94048
  • TN: 67097
  • U.S.: 78538

Median gross rent

  • Lebanon: 1210
  • Wilson County: 1370
  • TN: 1122
  • U.S.: 1348

Share of income a typical renter spends on rent: 29.1% — U.S.: 30.2%

What it means

The typical household here earns $71,320 — slightly lower than the national figure of $78,538.

The typical renter here spends 29.1% of household income on rent, below the 30% cost-burden line.

Since 2015, income has kept pace with rent here (+71.8% versus +53.7%), before adjusting for inflation.

Sources

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