Toone, TN
Population 294 · Tennessee
About Toone, TN
Toone is a small community located in Tennessee with a population of 294 residents according to the latest US Census Bureau American Community Survey data. The median household income is $37,292 per year, which is 50% below the national median of $75,149. The median age of 38.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Toone features a median home value of $79,200, which is 68% below the national median of $244,900. This makes Toone one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $758, 35% below the national average of $1,163/month. Of the 127 total housing units, 71% are owner-occupied (75 units) and 29% are renter-occupied (31 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Toone shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 45.2%, above the national average of 12.4%. Workers in Toone have an average one-way commute time of 27.3 minutes.
Education & Demographics
9.5% of Toone 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Toone Ranks in Tennessee
Cost of Living in Toone, TN
Compared to national averages, Toone has a median household income of $37,292 (50% below the national median of $75,149). Home values average $79,200, which is 68% below the national median. Monthly rent at $758 is 35% below the US average of $1,163. Within Tennessee, Toone's income is 41% below the state average of $62,849, and home values are 63% below the state median of $214,371.
Why Live in Toone, TN?
Toone offers affordable housing with a median home value of $79,200, below the US average of $244,900, and rent that’s lower than the national average at $758/month, and a strong job market with an unemployment rate of just 2.6%.
Potential considerations include median household income ($37,292) that falls below the national average. However, Toone’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Toone has a population of 294 with a median age of 38.7 years. Compare Toone with other cities to see how it stacks up, or explore all cities in Tennessee.
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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 Toone
What is the population of Toone, TN?
The population of Toone, TN is 294 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 Toone?
The median household income in Toone, TN is $37,292 per year, which is 50% below the national median of $75,149.
What is the median home value in Toone?
The median home value in Toone, TN is $79,200, which is 68% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Toone?
The median monthly rent in Toone, TN is $758, which is 35% below the national average of $1,163/month.
What is the unemployment rate in Toone?
The unemployment rate in Toone, TN is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Toone, TN a good place to live?
Toone offers a moderate cost of living, affordable housing, and a strong job market. With a population of 294 and a median age of 38.7, the city appeals to a broad range of residents.
How educated is Toone, TN?
9.5% of residents in Toone 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 Toone?
Key cost-of-living indicators for Toone, TN: median home value is $79,200 (68% below national), median rent is $758/month, and median household income is $37,292. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Toone?
The poverty rate in Toone, TN is 45.2%, 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 Toone, TN?
Toone's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 32.0% two or more races. 0.0% of residents are foreign-born.