Cost of Living in Hendersonville, TN
Population: 62,390 • 2026 Data
$91,503
Median Household Income
+18% vs national
$1,552
Median Monthly Rent
+15% vs national
$396,500
Median Home Value
+17% vs national
3.9%
Unemployment Rate
Housing in Hendersonville
The median home value in Hendersonville, TN is $396,500. Monthly rent for a typical unit averages $1,552, while total monthly housing costs (including utilities and insurance) average $1,561.
Rent-to-income ratio: 20.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Hendersonville, TN is $91,503. The unemployment rate stands at 3.9%, with a labor force of 34,682 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.