What percentage of people rent in Madisonville, TN?
40.0% (±9.1 points) of the occupied homes in Madisonville, TN are rented (2020–2024 American Community Survey).
That is 890 renting households against 1,337 that own their home.
In Madisonville, the share of households that rent went from 34.4% in 2015–2019 to 40.0% in 2020–2024 (+5.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 40.0% (±9.1 points)
- Renting households
- 890 (±237)
- Median renter income
- $21,839 (±$5,265)
Who rents and who owns in Madisonville
| Madisonville | Monroe County | Tennessee | United States | |
|---|---|---|---|---|
| Renter-occupied share | 40.0% (±9.1 points) | 27.8% (±2.8 points) | 33.1% (±0.3 points) | 34.8% |
| Renting households | 890 (±237) | 5,489 (±570) | 933,708 (±7,883) | 45,017,354 |
| Owning households | 1,337 (±207) | 14,225 (±578) | 1,890,569 (±10,295) | 84,210,142 |
| Average renter household size | 1.9 (±0.3) | 2.1 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.3) | 2.5 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $21,839 (±$5,265) | $27,426 (±$6,215) | $46,745 (±$535) | $52,966 |
| Median owner household income | $53,438 (±$10,444) | $71,555 (±$6,645) | $85,153 (±$545) | $100,009 |
In Madisonville, the renter share is higher than in Monroe County (27.8%).
It is not measurably different from Tennessee (33.1%).
It is not measurably different from the national figure (34.8%).
In Monroe County, Madisonville ranks 3 of 4 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 115 of 405.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Madisonville has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 34.4% (±7.3 points) | 40.0% (±9.1 points) | +5.6 percentage points | Not a measurable change |
| Median gross rent | $618 (±$99) | $726 (±$114) | +17.5% | No measurable change after inflation |
| Median household income | $48,148 (±$16,681) | $39,878 (±$5,249) | −17.2% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Madisonville
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Madisonville | — | 40.0% (±9.1 points) | — |
| Sweetwater | 8.3 mi | 44.9% (±9.0 points) | Not measurably different |
| Vonore | 8.8 mi | 46.3% (±12.8 points) | Not measurably different |
| Englewood | 9.9 mi | 33.5% (±7.7 points) | Not measurably different |
| Niota | 11 mi | 25.6% (±10.7 points) | Lower |
| Philadelphia | 11 mi | 27.2% (±11.5 points) | Not measurably different |
| Tellico Plains | 11 mi | 25.8% (±7.6 points) | Lower |
| Tellico Village | 13 mi | 4.2% (±2.7 points) | Lower |
| Greenback | 14 mi | 19.3% (±11.9 points) | Lower |
Nearby places with a measurably lower figure: Niota, TN (25.6%), Tellico Plains, TN (25.8%), Tellico Village, TN (4.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Monroe County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Vonore | 46.3% (±12.8 points) |
| 2 | Sweetwater | 44.9% (±9.0 points) |
| 3 | Madisonville | 40.0% (±9.1 points) |
| 4 | Tellico Plains | 25.8% (±7.6 points) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Madisonville
How many renters are there in Madisonville?
Madisonville has an estimated 890 (±237) renting households, 40.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Madisonville?
In Madisonville, the share of households that rent went from 34.4% in 2015–2019 to 40.0% in 2020–2024 (+5.6 percentage points), not a measurable change.
How big are renting households in Madisonville?
A renting household in Madisonville has 1.9 people on average, against 2.4 in an owned home.
How much do renters earn in Madisonville?
The median renting household in Madisonville, TN has an income of $21,839 (±$5,265) a year, against $53,438 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Madisonville city, Tennessee
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Madisonville city, Tennessee
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Madisonville city, Tennessee
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Madisonville city, Tennessee
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Madisonville city, Tennessee
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Madisonville city, Tennessee (place:45320, in state:47).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Madisonville at a glance
- Median rent in Madisonville
- Rent by bedrooms in Madisonville
- Rent burden in Madisonville
- Income and affordability in Madisonville
- Home values in Madisonville
- Homeowner costs in Madisonville
- Property taxes in Madisonville
- Types of homes in Madisonville
- Bedrooms in Madisonville
- Age of homes in Madisonville
- Heating fuel in Madisonville
- Commute and cars in Madisonville
- Crime reported to police in Madisonville
- Population growth in Madisonville
- How long people stay in Madisonville
- Crowding and facilities in Madisonville
- Tennessee landlord and tenant rules
- Housing across Monroe County
- Tennessee places ranked by share of renters
- Housing data for every place in Tennessee