Mortgage Affordability Calculator for Clarksville, TN
Updated 2026 · Local data pre-filled
In Clarksville, the median household income is $56,400 per year, while the median home costs $235,000. The price-to-income ratio is 4.2x — relatively affordable for local buyers. Use this calculator to determine what you can comfortably afford based on your income.
✓ Calculator below is pre-filled with Clarksville local data
How Clarksville Compares to the National Average
Understanding how Clarksville stacks up helps you calibrate your financial planning.
| Metric | Clarksville, TN | US Average | Difference |
|---|---|---|---|
| Median Home Price | $235,000 | $420,800 | -44.2% |
| Median Monthly Rent | $1,000 | $1,713 | -41.6% |
| Median Household Income | $56,400 | $74,580 | -24.4% |
| Property Tax Rate | 0.69% | 1.10% | -37.3% |
| Cost of Living Index | 89 | 100 | -11.0% |
Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024–2025). Green = favorable for residents; red = less favorable.
Clarksville Financial Snapshot
- Population (Metro)
- 330,000
- Unemployment
- 3.4%
- Avg Commute
- 25 min
- Median Age
- 30.4
- Price-to-Rent Ratio
- 19.6x
- Annual Property Tax
- $1,622
Mortgage Affordability Calculator in Other Tennessee Cities
Frequently Asked Questions — Clarksville
What is the median home price in Clarksville, TN?
The median home price in Clarksville is $235,000 as of 2025–2026. This is below the national median of $420,800.
What is the average rent in Clarksville?
Median monthly rent in Clarksville is $1,000. That works out to $12,000/year, or 21% of the median household income — within the commonly recommended 30% of income guideline.
Is Clarksville affordable?
Clarksville's cost of living index is 89 vs. the national average of 100. With a median household income of $56,400/year and a median home price of $235,000, the price-to-income ratio is 4.2x. Clarksville falls in the middle of the affordability spectrum for US cities.
What is the property tax rate in Clarksville?
The effective property tax rate in Clarksville is 0.69% of assessed value. On the median home of $235,000, that's roughly $1,622/year ($135/month).