Baneberry, TN
Population 783 · Tennessee
About Baneberry, TN
Baneberry is a small community located in Tennessee with a population of 783 residents according to the latest US Census Bureau American Community Survey data. The median household income is $84,583 per year, which is 13% above the national median of $75,149. The median age of 52.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Baneberry features a median home value of $350,700, which is 43% above the national median of $244,900. This positions Baneberry in a moderately priced market relative to the rest of the country. Median monthly rent is $1,063, 9% below the national average of $1,163/month. Of the 293 total housing units, 96% are owner-occupied (273 units) and 4% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Baneberry shows an unemployment rate of 8.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Baneberry have an average one-way commute time of 34.4 minutes.
Education & Demographics
33.5% of Baneberry residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.4% White, 0.3% Hispanic or Latino, 0.1% Black or African American, and 0.0% Asian residents, with 1.8% of the population being foreign-born.
Cost of Living in Baneberry, TN
Compared to national averages, Baneberry has a median household income of $84,583 (13% above the national median of $75,149). Home values average $350,700, which is 43% above the national median. Monthly rent at $1,063 is 9% below the US average of $1,163. Within Tennessee, Baneberry's income is 35% above the state average of $62,849, and home values are 64% above the state median of $214,371.
Why Live in Baneberry, TN?
Baneberry offers a strong local economy with a median household income of $84,583, well above the national average, and rent that’s lower than the national average at $1,063/month, and a low poverty rate of 6.2%, better than the national average.
Baneberry has a population of 783 with a median age of 52.4 years. Compare Baneberry with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Baneberry
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sunbright | 785 | $56,058 | $130,000 | Compare |
| St. Joseph | 788 | $46,786 | $121,900 | Compare |
| Orebank | 777 | $67,207 | $171,300 | Compare |
| Riceville | 776 | $44,440 | $198,400 | Compare |
| Summertown | 793 | $82,695 | $196,300 | Compare |
| Delano | 767 | $89,250 | $210,500 | Compare |
| Puryear | 761 | $54,083 | $106,900 | Compare |
| Morrison | 810 | $34,236 | $160,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Baneberry With Other Cities
Frequently Asked Questions about Baneberry
What is the population of Baneberry, TN?
The population of Baneberry, TN is 783 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Tennessee.
What is the median household income in Baneberry?
The median household income in Baneberry, TN is $84,583 per year, which is 13% above the national median of $75,149.
What is the median home value in Baneberry?
The median home value in Baneberry, TN is $350,700, which is 43% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Baneberry?
The median monthly rent in Baneberry, TN is $1,063, which is 9% below the national average of $1,163/month.
What is the unemployment rate in Baneberry?
The unemployment rate in Baneberry, TN is 8.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Baneberry, TN a good place to live?
Baneberry offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 783 and a median age of 52.4, the city appeals to established professionals and retirees.
How educated is Baneberry, TN?
33.5% of residents in Baneberry aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Baneberry?
Key cost-of-living indicators for Baneberry, TN: median home value is $350,700 (43% above national), median rent is $1,063/month, and median household income is $84,583. The home-value-to-income ratio is 4.1x, a moderate figure by national standards.
What is the poverty rate in Baneberry?
The poverty rate in Baneberry, TN is 6.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Baneberry, TN?
Baneberry's population is 0.4% White, 0.3% Hispanic or Latino, 0.1% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.8% of residents are foreign-born.