Medon, TN
Population 243 · Tennessee
About Medon, TN
Medon is a small community located in Tennessee with a population of 243 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,375 per year, which is 24% below the national median of $75,149. The median age of 48.2 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 Medon features a median home value of $116,900, which is 52% below the national median of $244,900. This makes Medon one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $850, 27% below the national average of $1,163/month. Of the 114 total housing units, 94% are owner-occupied (97 units) and 6% are renter-occupied (6 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Medon shows an unemployment rate of 7.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 1.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Medon have an average one-way commute time of 27.3 minutes.
Education & Demographics
18.1% of Medon 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, 0.8% 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 Medon, TN
Compared to national averages, Medon has a median household income of $57,375 (24% below the national median of $75,149). Home values average $116,900, which is 52% below the national median. Monthly rent at $850 is 27% below the US average of $1,163. Within Tennessee, Medon's income is 9% below the state average of $62,849, and home values are 45% below the state median of $214,371.
Why Live in Medon, TN?
Medon offers affordable housing with a median home value of $116,900, below the US average of $244,900, and rent that’s lower than the national average at $850/month, and a low poverty rate of 1.6%, better than the national average.
Potential considerations include median household income ($57,375) that falls below the national average. However, Medon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Medon has a population of 243 with a median age of 48.2 years. Compare Medon with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Medon
Cities in Tennessee with a similar population size.
Demographics
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Economy & Education
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Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Medon
What is the population of Medon, TN?
The population of Medon, TN is 243 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 Medon?
The median household income in Medon, TN is $57,375 per year, which is 24% below the national median of $75,149.
What is the median home value in Medon?
The median home value in Medon, TN is $116,900, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Medon?
The median monthly rent in Medon, TN is $850, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Medon?
The unemployment rate in Medon, TN is 7.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Medon, TN a good place to live?
Medon offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 243 and a median age of 48.2, the city appeals to established professionals and retirees.
How educated is Medon, TN?
18.1% of residents in Medon 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 Medon?
Key cost-of-living indicators for Medon, TN: median home value is $116,900 (52% below national), median rent is $850/month, and median household income is $57,375. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Medon?
The poverty rate in Medon, TN is 1.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Medon, TN?
Medon's population is 0.0% White, 0.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 5.8% two or more races. 0.0% of residents are foreign-born.