Coalmont, TN
Population 1,103 · Tennessee
About Coalmont, TN
Coalmont is a small town located in Tennessee with a population of 1,103 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,362 per year, which is 22% below the national median of $75,149. The median age of 41.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Coalmont features a median home value of $138,400, which is 43% below the national median of $244,900. This makes Coalmont one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $575, 51% below the national average of $1,163/month. Of the 385 total housing units, 88% are owner-occupied (320 units) and 12% are renter-occupied (44 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Coalmont shows an unemployment rate of 1.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 20.9%, above the national average of 12.4%. Workers in Coalmont have an average one-way commute time of 34.7 minutes.
Education & Demographics
11.3% of Coalmont residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Coalmont Ranks in Tennessee
Cost of Living in Coalmont, TN
Compared to national averages, Coalmont has a median household income of $58,362 (22% below the national median of $75,149). Home values average $138,400, which is 43% below the national median. Monthly rent at $575 is 51% below the US average of $1,163. Within Tennessee, Coalmont's income is 7% below the state average of $62,849, and home values are 35% below the state median of $214,371.
Why Live in Coalmont, TN?
Coalmont offers affordable housing with a median home value of $138,400, below the US average of $244,900, and rent that’s lower than the national average at $575/month, and a strong job market with an unemployment rate of just 1.0%.
Potential considerations include median household income ($58,362) that falls below the national average. However, Coalmont’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Coalmont has a population of 1,103 with a median age of 41.7 years. Compare Coalmont with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Coalmont
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sharon | 1,105 | $33,385 | $95,900 | Compare |
| Altamont | 1,100 | $40,221 | $85,900 | Compare |
| Obion | 1,088 | $49,018 | $91,300 | Compare |
| Orlinda | 1,088 | $74,886 | $298,400 | Compare |
| Gainesboro | 1,086 | $45,313 | $148,500 | Compare |
| Tellico Plains | 1,124 | $43,859 | $168,000 | Compare |
| Mason | 1,126 | $47,143 | $129,900 | Compare |
| Lyles | 1,079 | $49,688 | $196,000 | 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 Coalmont With Other Cities
Frequently Asked Questions about Coalmont
What is the population of Coalmont, TN?
The population of Coalmont, TN is 1,103 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Tennessee.
What is the median household income in Coalmont?
The median household income in Coalmont, TN is $58,362 per year, which is 22% below the national median of $75,149.
What is the median home value in Coalmont?
The median home value in Coalmont, TN is $138,400, which is 43% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Coalmont?
The median monthly rent in Coalmont, TN is $575, which is 51% below the national average of $1,163/month.
What is the unemployment rate in Coalmont?
The unemployment rate in Coalmont, TN is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Coalmont, TN a good place to live?
Coalmont offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,103 and a median age of 41.7, the city appeals to a broad range of residents.
How educated is Coalmont, TN?
11.3% of residents in Coalmont 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 Coalmont?
Key cost-of-living indicators for Coalmont, TN: median home value is $138,400 (43% below national), median rent is $575/month, and median household income is $58,362. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Coalmont?
The poverty rate in Coalmont, TN is 20.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Coalmont, TN?
Coalmont's population is 0.0% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.