Finley, TN
Population 493 · Tennessee
About Finley, TN
Finley is a small community located in Tennessee with a population of 493 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,625 per year, which is 19% below the national median of $75,149. The median age of 32.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Finley features a median home value of $143,200, which is 42% below the national median of $244,900. This makes Finley one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,119, 4% below the national average of $1,163/month. Of the 238 total housing units, 53% are owner-occupied (101 units) and 47% are renter-occupied (91 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Finley shows an unemployment rate of 6.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Finley have an average one-way commute time of 30.1 minutes.
Education & Demographics
9.9% of Finley 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 6.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.4% of the population being foreign-born.
Cost of Living in Finley, TN
Compared to national averages, Finley has a median household income of $60,625 (19% below the national median of $75,149). Home values average $143,200, which is 42% below the national median. Monthly rent at $1,119 is 4% below the US average of $1,163. Within Tennessee, Finley's income is 4% below the state average of $62,849, and home values are 33% below the state median of $214,371.
Why Live in Finley, TN?
Finley offers affordable housing with a median home value of $143,200, below the US average of $244,900, and rent that’s lower than the national average at $1,119/month, and a low poverty rate of 6.3%, better than the national average.
Potential considerations include median household income ($60,625) that falls below the national average. However, Finley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Finley has a population of 493 with a median age of 32.8 years. Compare Finley with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Finley
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Baileyton | 493 | $38,958 | $162,500 | Compare |
| Bethpage | 493 | $98,180 | $211,000 | Compare |
| Stanton | 494 | $58,643 | $158,300 | Compare |
| Sequatchie | 496 | $19,756 | $530,200 | Compare |
| Williston | 490 | $73,750 | $162,500 | Compare |
| Ooltewah | 489 | $62,875 | $238,000 | Compare |
| Doyle | 488 | $38,750 | $136,300 | Compare |
| Hornbeak | 498 | $63,669 | $81,400 | 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 Finley With Other Cities
Frequently Asked Questions about Finley
What is the population of Finley, TN?
The population of Finley, TN is 493 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 Finley?
The median household income in Finley, TN is $60,625 per year, which is 19% below the national median of $75,149.
What is the median home value in Finley?
The median home value in Finley, TN is $143,200, which is 42% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Finley?
The median monthly rent in Finley, TN is $1,119, which is 4% below the national average of $1,163/month.
What is the unemployment rate in Finley?
The unemployment rate in Finley, TN is 6.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Finley, TN a good place to live?
Finley offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 493 and a median age of 32.8, the city appeals to young professionals and families.
How educated is Finley, TN?
9.9% of residents in Finley 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 Finley?
Key cost-of-living indicators for Finley, TN: median home value is $143,200 (42% below national), median rent is $1,119/month, and median household income is $60,625. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Finley?
The poverty rate in Finley, TN is 6.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Finley, TN?
Finley's population is 6.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.4% of residents are foreign-born.