New Tazewell, TN
Population 2,779 · Tennessee
About New Tazewell, TN
New Tazewell is a small town located in Tennessee with a population of 2,779 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,254 per year, which is 26% below the national median of $75,149. The median age of 44.1 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 New Tazewell features a median home value of $162,500, which is 34% below the national median of $244,900. This positions New Tazewell in a moderately priced market relative to the rest of the country. Median monthly rent is $690, 41% below the national average of $1,163/month. Of the 1,156 total housing units, 42% are owner-occupied (482 units) and 58% are renter-occupied (674 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in New Tazewell shows an unemployment rate of 2.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 16.7%, above the national average of 12.4%. Workers in New Tazewell have an average one-way commute time of 18 minutes, one of the shorter commutes in the region.
Education & Demographics
11.8% of New Tazewell 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, 1.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.5% of the population being foreign-born.
Cost of Living in New Tazewell, TN
Compared to national averages, New Tazewell has a median household income of $55,254 (26% below the national median of $75,149). Home values average $162,500, which is 34% below the national median. Monthly rent at $690 is 41% below the US average of $1,163. Within Tennessee, New Tazewell's income is 12% below the state average of $62,849, and home values are 24% below the state median of $214,371.
Why Live in New Tazewell, TN?
New Tazewell offers affordable housing with a median home value of $162,500, below the US average of $244,900, and rent that’s lower than the national average at $690/month, and a strong job market with an unemployment rate of just 2.3%. Additionally, the city features short commute times averaging just 18 minutes.
Potential considerations include median household income ($55,254) that falls below the national average. However, New Tazewell’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
New Tazewell has a population of 2,779 with a median age of 44.1 years. Compare New Tazewell with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near New Tazewell
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Jacksboro | 2,780 | $65,587 | $204,000 | Compare |
| Coalfield | 2,782 | $88,026 | $190,600 | Compare |
| Colonial Heights | 2,783 | $76,440 | $193,200 | Compare |
| Sale Creek | 2,775 | $60,109 | $300,900 | Compare |
| Blaine | 2,797 | $66,010 | $248,600 | Compare |
| Kingston Springs | 2,799 | $95,050 | $359,300 | Compare |
| Monterey | 2,751 | $42,402 | $130,600 | Compare |
| Woodbury | 2,747 | $51,506 | $195,600 | 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 New Tazewell With Other Cities
Frequently Asked Questions about New Tazewell
What is the population of New Tazewell, TN?
The population of New Tazewell, TN is 2,779 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 New Tazewell?
The median household income in New Tazewell, TN is $55,254 per year, which is 26% below the national median of $75,149.
What is the median home value in New Tazewell?
The median home value in New Tazewell, TN is $162,500, which is 34% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in New Tazewell?
The median monthly rent in New Tazewell, TN is $690, which is 41% below the national average of $1,163/month.
What is the unemployment rate in New Tazewell?
The unemployment rate in New Tazewell, TN is 2.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is New Tazewell, TN a good place to live?
New Tazewell offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,779 and a median age of 44.1, the city appeals to a broad range of residents.
How educated is New Tazewell, TN?
11.8% of residents in New Tazewell 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 New Tazewell?
Key cost-of-living indicators for New Tazewell, TN: median home value is $162,500 (34% below national), median rent is $690/month, and median household income is $55,254. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in New Tazewell?
The poverty rate in New Tazewell, TN is 16.7%, 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 New Tazewell, TN?
New Tazewell's population is 0.0% White, 1.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.2% two or more races. 0.5% of residents are foreign-born.