Lebanon, TN
Population 41,951 · Tennessee
About Lebanon, TN
Lebanon is a mid-sized city located in Tennessee with a population of 41,951 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,320 per year, which is 5% below the national median of $75,149. The median age of 35.7 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 Lebanon features a median home value of $359,300, which is 47% above the national median of $244,900. This positions Lebanon in a moderately priced market relative to the rest of the country. Median monthly rent is $1,210, 4% above the national average of $1,163/month. Of the 16,967 total housing units, 60% are owner-occupied (9,520 units) and 40% are renter-occupied (6,294 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Lebanon shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 14.0%, above the national average of 12.4%. Workers in Lebanon have an average one-way commute time of 26.1 minutes.
Education & Demographics
30.0% of Lebanon 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 4.9% White, 0.9% Hispanic or Latino, 0.1% Black or African American, and 3.9% Asian residents, with 6.9% of the population being foreign-born.
How Lebanon Ranks in Tennessee
Cost of Living in Lebanon, TN
Compared to national averages, Lebanon has a median household income of $71,320 (5% below the national median of $75,149). Home values average $359,300, which is 47% above the national median. Monthly rent at $1,210 is 4% above the US average of $1,163. Within Tennessee, Lebanon's income is 13% above the state average of $62,849, and home values are 68% above the state median of $214,371.
Why Live in Lebanon, TN?
Lebanon offers a strong job market with an unemployment rate of just 3.0%.
Potential considerations include median household income ($71,320) that falls below the national average. However, Lebanon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lebanon has a population of 41,951 with a median age of 35.7 years. Compare Lebanon with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Lebanon
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mount Juliet | 40,828 | $107,847 | $423,000 | Compare |
| Germantown | 40,812 | $144,799 | $441,200 | Compare |
| Columbia | 43,971 | $61,204 | $261,700 | Compare |
| La Vergne | 38,944 | $80,418 | $273,700 | Compare |
| Brentwood | 45,272 | $184,720 | $926,700 | Compare |
| Gallatin | 46,667 | $73,589 | $343,700 | Compare |
| Cleveland | 48,185 | $55,904 | $241,800 | Compare |
| Cookeville | 35,544 | $48,501 | $263,800 | 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 Lebanon With Other Cities
Frequently Asked Questions about Lebanon
What is the population of Lebanon, TN?
The population of Lebanon, TN is 41,951 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Tennessee.
What is the median household income in Lebanon?
The median household income in Lebanon, TN is $71,320 per year, which is 5% below the national median of $75,149.
What is the median home value in Lebanon?
The median home value in Lebanon, TN is $359,300, which is 47% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lebanon?
The median monthly rent in Lebanon, TN is $1,210, which is 4% above the national average of $1,163/month.
What is the unemployment rate in Lebanon?
The unemployment rate in Lebanon, TN is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lebanon, TN a good place to live?
Lebanon offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 41,951 and a median age of 35.7, the city appeals to a broad range of residents.
How educated is Lebanon, TN?
30.0% of residents in Lebanon 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 Lebanon?
Key cost-of-living indicators for Lebanon, TN: median home value is $359,300 (47% above national), median rent is $1,210/month, and median household income is $71,320. The home-value-to-income ratio is 5.0x, a moderate figure by national standards.
What is the poverty rate in Lebanon?
The poverty rate in Lebanon, TN is 14.0%, 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 Lebanon, TN?
Lebanon's population is 4.9% White, 0.9% Hispanic or Latino, 0.1% Black or African American, 3.9% Asian, and 10.8% two or more races. 6.9% of residents are foreign-born.