Townsend, TN
Population 570 · Tennessee
About Townsend, TN
Townsend is a small community located in Tennessee with a population of 570 residents according to the latest US Census Bureau American Community Survey data. The median household income is $84,155 per year, which is 12% above the national median of $75,149. The median age of 50.3 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 Townsend features a median home value of $332,800, which is 36% above the national median of $244,900. This positions Townsend in a moderately priced market relative to the rest of the country. Median monthly rent is $1,317, 13% above the national average of $1,163/month. Of the 445 total housing units, 90% are owner-occupied (227 units) and 10% are renter-occupied (26 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Townsend shows an unemployment rate of 8.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Townsend have an average one-way commute time of 26.6 minutes.
Education & Demographics
39.2% of Townsend 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 0.0% White, 1.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.6% of the population being foreign-born.
Cost of Living in Townsend, TN
Compared to national averages, Townsend has a median household income of $84,155 (12% above the national median of $75,149). Home values average $332,800, which is 36% above the national median. Monthly rent at $1,317 is 13% above the US average of $1,163. Within Tennessee, Townsend's income is 34% above the state average of $62,849, and home values are 55% above the state median of $214,371.
Why Live in Townsend, TN?
Townsend offers a strong local economy with a median household income of $84,155, well above the national average, and a well-educated community where 39.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 6.5%, better than the national average.
Townsend has a population of 570 with a median age of 50.3 years. Compare Townsend with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Townsend
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Walnut Grove CDP (Sumner County), Tennessee | 576 | $123,063 | $476,400 | Compare |
| Parker's Crossroads | 578 | $70,313 | $178,800 | Compare |
| Petersburg | 579 | $58,942 | $144,600 | Compare |
| Grand Junction | 560 | $74,583 | $154,000 | Compare |
| Trimble | 558 | $57,697 | $73,100 | Compare |
| Woodland Mills | 584 | $77,368 | $125,300 | Compare |
| Henry | 588 | $48,125 | $75,000 | Compare |
| Big Sandy | 589 | $43,036 | $62,300 | 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 Townsend With Other Cities
Frequently Asked Questions about Townsend
What is the population of Townsend, TN?
The population of Townsend, TN is 570 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 Townsend?
The median household income in Townsend, TN is $84,155 per year, which is 12% above the national median of $75,149.
What is the median home value in Townsend?
The median home value in Townsend, TN is $332,800, which is 36% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Townsend?
The median monthly rent in Townsend, TN is $1,317, which is 13% above the national average of $1,163/month.
What is the unemployment rate in Townsend?
The unemployment rate in Townsend, TN is 8.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Townsend, TN a good place to live?
Townsend offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 570 and a median age of 50.3, the city appeals to established professionals and retirees.
How educated is Townsend, TN?
39.2% of residents in Townsend 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 Townsend?
Key cost-of-living indicators for Townsend, TN: median home value is $332,800 (36% above national), median rent is $1,317/month, and median household income is $84,155. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Townsend?
The poverty rate in Townsend, TN is 6.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Townsend, TN?
Townsend's population is 0.0% White, 1.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.5% two or more races. 1.6% of residents are foreign-born.