Munford, TN
Population 6,459 · Tennessee
About Munford, TN
Munford is a small town located in Tennessee with a population of 6,459 residents according to the latest US Census Bureau American Community Survey data. The median household income is $86,492 per year, which is 15% above the national median of $75,149. The median age of 32.4 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 Munford features a median home value of $234,600, which is 4% below the national median of $244,900. This positions Munford in a moderately priced market relative to the rest of the country. Median monthly rent is $1,086, 7% below the national average of $1,163/month. Of the 2,526 total housing units, 81% are owner-occupied (1,875 units) and 19% are renter-occupied (445 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Munford shows an unemployment rate of 6.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Munford have an average one-way commute time of 30.1 minutes.
Education & Demographics
20.4% of Munford 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 3.5% White, 2.0% Hispanic or Latino, 0.0% Black or African American, and 0.2% Asian residents, with 2.2% of the population being foreign-born.
Cost of Living in Munford, TN
Compared to national averages, Munford has a median household income of $86,492 (15% above the national median of $75,149). Home values average $234,600, which is 4% below the national median. Monthly rent at $1,086 is 7% below the US average of $1,163. Within Tennessee, Munford's income is 38% above the state average of $62,849, and home values are 9% above the state median of $214,371.
Why Live in Munford, TN?
Munford offers a strong local economy with a median household income of $86,492, well above the national average, and affordable housing with a median home value of $234,600, below the US average of $244,900, and rent that’s lower than the national average at $1,086/month. Additionally, the city features a low poverty rate of 6.6%, better than the national average.
Munford has a population of 6,459 with a median age of 32.4 years. Compare Munford with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Munford
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sweetwater | 6,462 | $44,661 | $166,000 | Compare |
| Henderson | 6,349 | $57,727 | $130,100 | Compare |
| Pigeon Forge | 6,345 | $53,839 | $258,700 | Compare |
| Lynchburg, Moore County metropolitan government, Tennessee | 6,611 | $66,687 | $259,300 | Compare |
| Green Hill | 6,617 | $91,397 | $345,000 | Compare |
| Loudon | 6,235 | $58,810 | $220,900 | Compare |
| Jonesborough | 6,056 | $63,155 | $247,900 | Compare |
| Kingston | 6,042 | $70,532 | $204,200 | 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 Munford With Other Cities
Frequently Asked Questions about Munford
What is the population of Munford, TN?
The population of Munford, TN is 6,459 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 Munford?
The median household income in Munford, TN is $86,492 per year, which is 15% above the national median of $75,149.
What is the median home value in Munford?
The median home value in Munford, TN is $234,600, which is 4% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Munford?
The median monthly rent in Munford, TN is $1,086, which is 7% below the national average of $1,163/month.
What is the unemployment rate in Munford?
The unemployment rate in Munford, TN is 6.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Munford, TN a good place to live?
Munford offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 6,459 and a median age of 32.4, the city appeals to young professionals and families.
How educated is Munford, TN?
20.4% of residents in Munford 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 Munford?
Key cost-of-living indicators for Munford, TN: median home value is $234,600 (4% below national), median rent is $1,086/month, and median household income is $86,492. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Munford?
The poverty rate in Munford, TN is 6.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Munford, TN?
Munford's population is 3.5% White, 2.0% Hispanic or Latino, 0.0% Black or African American, 0.2% Asian, and 3.5% two or more races. 2.2% of residents are foreign-born.