Cost of Living in Gallatin, TN
Population: 46,667 • 2026 Data
$73,589
Median Household Income
-5% vs national
$1,299
Median Monthly Rent
-4% vs national
$343,700
Median Home Value
+1% vs national
3.3%
Unemployment Rate
Housing in Gallatin
The median home value in Gallatin, TN is $343,700. Monthly rent for a typical unit averages $1,299, while total monthly housing costs (including utilities and insurance) average $1,307.
Rent-to-income ratio: 21.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Gallatin, TN is $73,589. The unemployment rate stands at 3.3%, with a labor force of 24,098 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.