Housing costs in Ooltewah?
A typical home costs
$394,800, which is 16.8% more expensive than the national average of
$338,100 and 42.3% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Ooltewah costs
$1,310 per month, which is 22.4% more than the national average of
$1,070 and 18.3% more than the state average of
$1,070.
Can I afford Ooltewah?
To live comfortably in Ooltewah (zip 37363), Tennessee, a minimum annual income of
$75,600 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Ooltewah?
37363 Ooltewah, TN is considered to be an affordable place to live. The cost of living index is 90.8 compared to the U.S. average of 100, making it one of the most affordable places in the country. The median home value is $207,200, which is much lower than the national median home value of $231,200. The median household income is slightly lower at $62,567 compared to the national median household income of $63,179. On top of this, grocery and housing costs are also cheaper than those found in many other cities across the US. This makes 37363 Ooltewah an attractive option for those looking to move or start a family on a budget.