Red Bank, TN
Population 11,960 · Tennessee
About Red Bank, TN
Red Bank is a mid-sized city located in Tennessee with a population of 11,960 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,788 per year, which is 18% below the national median of $75,149. The median age of 37.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Red Bank features a median home value of $246,100, which is 0% above the national median of $244,900. This positions Red Bank in a moderately priced market relative to the rest of the country. Median monthly rent is $1,118, 4% below the national average of $1,163/month. Of the 6,446 total housing units, 59% are owner-occupied (3,474 units) and 41% are renter-occupied (2,442 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Red Bank shows an unemployment rate of 3.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.9%, above the national average of 12.4%. Workers in Red Bank have an average one-way commute time of 19 minutes, one of the shorter commutes in the region.
Education & Demographics
43.4% of Red Bank residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 3.0% White, 0.8% Hispanic or Latino, 0.4% Black or African American, and 0.6% Asian residents, with 3.3% of the population being foreign-born.
How Red Bank Ranks in Tennessee
Cost of Living in Red Bank, TN
Compared to national averages, Red Bank has a median household income of $61,788 (18% below the national median of $75,149). Home values average $246,100, which is 0% above the national median. Monthly rent at $1,118 is 4% below the US average of $1,163. Within Tennessee, Red Bank's income is 2% below the state average of $62,849, and home values are 15% above the state median of $214,371.
Why Live in Red Bank, TN?
Red Bank offers rent that’s lower than the national average at $1,118/month, and a strong job market with an unemployment rate of just 3.6%, and a well-educated community where 43.4% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 19 minutes.
Potential considerations include median household income ($61,788) that falls below the national average. However, Red Bank’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Red Bank has a population of 11,960 with a median age of 37.8 years. Compare Red Bank with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Red Bank
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Middle Valley | 11,808 | $93,264 | $277,400 | Compare |
| Hartsville/Trousdale County, Tennessee | 11,805 | $63,190 | $284,100 | Compare |
| Lawrenceburg | 11,732 | $41,458 | $158,100 | Compare |
| Crossville | 12,265 | $50,672 | $230,300 | Compare |
| Alcoa | 11,635 | $60,049 | $232,300 | Compare |
| Lewisburg | 12,607 | $52,634 | $183,400 | Compare |
| Manchester | 12,651 | $55,019 | $215,700 | Compare |
| Collegedale | 11,185 | $64,905 | $332,700 | 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 Red Bank With Other Cities
Frequently Asked Questions about Red Bank
What is the population of Red Bank, TN?
The population of Red Bank, TN is 11,960 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Tennessee.
What is the median household income in Red Bank?
The median household income in Red Bank, TN is $61,788 per year, which is 18% below the national median of $75,149.
What is the median home value in Red Bank?
The median home value in Red Bank, TN is $246,100, which is 0% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Red Bank?
The median monthly rent in Red Bank, TN is $1,118, which is 4% below the national average of $1,163/month.
What is the unemployment rate in Red Bank?
The unemployment rate in Red Bank, TN is 3.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Red Bank, TN a good place to live?
Red Bank offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 11,960 and a median age of 37.8, the city appeals to a broad range of residents.
How educated is Red Bank, TN?
43.4% of residents in Red Bank 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 Red Bank?
Key cost-of-living indicators for Red Bank, TN: median home value is $246,100 (0% above national), median rent is $1,118/month, and median household income is $61,788. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Red Bank?
The poverty rate in Red Bank, TN is 12.9%, 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 Red Bank, TN?
Red Bank's population is 3.0% White, 0.8% Hispanic or Latino, 0.4% Black or African American, 0.6% Asian, and 6.9% two or more races. 3.3% of residents are foreign-born.