Cost of Living in Germantown, TN
Population: 40,812 • 2026 Data
$144,799
Median Household Income
+87% vs national
$1,760
Median Monthly Rent
+31% vs national
$441,200
Median Home Value
+30% vs national
3.0%
Unemployment Rate
Housing in Germantown
The median home value in Germantown, TN is $441,200. Monthly rent for a typical unit averages $1,760, while total monthly housing costs (including utilities and insurance) average $1,948.
Rent-to-income ratio: 14.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Germantown, TN is $144,799. The unemployment rate stands at 3.0%, with a labor force of 19,302 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.