Rarity Bay, TN
Population 728 · Tennessee
About Rarity Bay, TN
Rarity Bay is a small community located in Tennessee with a population of 728 residents according to the latest US Census Bureau American Community Survey data. The median household income is $82,143 per year, which is 9% above the national median of $75,149. The median age of 75.4 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 Rarity Bay features a median home value of $654,500, which is 167% above the national median of $244,900. This places Rarity Bay in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,697, 46% above the national average of $1,163/month. Of the 487 total housing units, 84% are owner-occupied (326 units) and 16% are renter-occupied (62 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Rarity Bay shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Rarity Bay have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
54.1% of Rarity Bay residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 2.1% Asian residents, with 13.2% of the population being foreign-born.
How Rarity Bay Ranks in Tennessee
Cost of Living in Rarity Bay, TN
Compared to national averages, Rarity Bay has a median household income of $82,143 (9% above the national median of $75,149). Home values average $654,500, which is 167% above the national median. Monthly rent at $1,697 is 46% above the US average of $1,163. Within Tennessee, Rarity Bay's income is 31% above the state average of $62,849, and home values are 205% above the state median of $214,371.
Why Live in Rarity Bay, TN?
Rarity Bay offers a strong local economy with a median household income of $82,143, well above the national average, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 54.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.7%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include a competitive housing market where the typical home costs $654,500. However, Rarity Bay’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Rarity Bay has a population of 728 with a median age of 75.4 years. Compare Rarity Bay with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Rarity Bay
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Palmer | 734 | $41,250 | $86,500 | Compare |
| Philadelphia | 722 | $68,618 | $118,800 | Compare |
| Niota | 735 | $46,188 | $112,500 | Compare |
| Russellville | 719 | $47,214 | $96,000 | Compare |
| Wartrace | 737 | $57,917 | $181,800 | Compare |
| Saltillo | 743 | $64,236 | $112,000 | Compare |
| Bethel Springs | 746 | $40,592 | $110,800 | Compare |
| Rockford | 750 | $66,786 | $247,700 | 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 Rarity Bay With Other Cities
Frequently Asked Questions about Rarity Bay
What is the population of Rarity Bay, TN?
The population of Rarity Bay, TN is 728 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 Rarity Bay?
The median household income in Rarity Bay, TN is $82,143 per year, which is 9% above the national median of $75,149.
What is the median home value in Rarity Bay?
The median home value in Rarity Bay, TN is $654,500, which is 167% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Rarity Bay?
The median monthly rent in Rarity Bay, TN is $1,697, which is 46% above the national average of $1,163/month.
What is the unemployment rate in Rarity Bay?
The unemployment rate in Rarity Bay, TN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Rarity Bay, TN a good place to live?
Rarity Bay offers above-average incomes, a competitive housing market, and a strong job market. With a population of 728 and a median age of 75.4, the city appeals to established professionals and retirees.
How educated is Rarity Bay, TN?
54.1% of residents in Rarity Bay aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Rarity Bay?
Key cost-of-living indicators for Rarity Bay, TN: median home value is $654,500 (167% above national), median rent is $1,697/month, and median household income is $82,143. The home-value-to-income ratio is 8.0x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Rarity Bay?
The poverty rate in Rarity Bay, TN is 4.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Rarity Bay, TN?
Rarity Bay's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 2.1% Asian, and 0.0% two or more races. 13.2% of residents are foreign-born.