Leoma, TN
Population 342 · Tennessee
About Leoma, TN
Leoma is a small community located in Tennessee with a population of 342 residents according to the latest US Census Bureau American Community Survey data. The median household income is $59,926 per year, which is 20% below the national median of $75,149. The median age of 49.2 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 Leoma features a median home value of $289,300, which is 18% above the national median of $244,900. This positions Leoma in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 149 total housing units, 90% are owner-occupied (105 units) and 10% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Leoma shows an unemployment rate of 7.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 1.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Leoma have an average one-way commute time of 12.7 minutes, one of the shorter commutes in the region.
Education & Demographics
11.6% of Leoma 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Leoma, TN
Compared to national averages, Leoma has a median household income of $59,926 (20% below the national median of $75,149). Home values average $289,300, which is 18% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Tennessee, Leoma's income is 5% below the state average of $62,849, and home values are 35% above the state median of $214,371.
Why Live in Leoma, TN?
Leoma offers rent that’s lower than the national average at $0/month, and a low poverty rate of 1.2%, better than the national average, and short commute times averaging just 12.7 minutes.
Potential considerations include median household income ($59,926) that falls below the national average. However, Leoma’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Leoma has a population of 342 with a median age of 49.2 years. Compare Leoma with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Leoma
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cottontown | 339 | $85,208 | $578,900 | Compare |
| Parrottsville | 349 | $49,438 | $121,600 | Compare |
| Counce | 352 | $69,224 | $145,000 | Compare |
| Guys | 352 | $47,083 | $116,500 | Compare |
| Hickman | 353 | $75,250 | $282,800 | Compare |
| Cumberland Gap | 330 | $46,250 | $215,000 | Compare |
| Auburntown | 326 | $75,714 | $221,800 | Compare |
| Stantonville | 325 | $46,250 | $0 | 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 Leoma With Other Cities
Frequently Asked Questions about Leoma
What is the population of Leoma, TN?
The population of Leoma, TN is 342 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 Leoma?
The median household income in Leoma, TN is $59,926 per year, which is 20% below the national median of $75,149.
What is the median home value in Leoma?
The median home value in Leoma, TN is $289,300, which is 18% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Leoma?
The median monthly rent in Leoma, TN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Leoma?
The unemployment rate in Leoma, TN is 7.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Leoma, TN a good place to live?
Leoma offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 342 and a median age of 49.2, the city appeals to established professionals and retirees.
How educated is Leoma, TN?
11.6% of residents in Leoma 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 Leoma?
Key cost-of-living indicators for Leoma, TN: median home value is $289,300 (18% above national), median rent is $0/month, and median household income is $59,926. The home-value-to-income ratio is 4.8x, a moderate figure by national standards.
What is the poverty rate in Leoma?
The poverty rate in Leoma, TN is 1.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Leoma, TN?
Leoma's population is 0.0% White, 0.0% 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.