How many renters in Red Bank, TN pay more than 30% of their income on rent?
50.9% (±10.0 points) of renting households in Red Bank, TN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
44.8% spend 35% or more.
The median renting household spends 30.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 50.9% (±10.0 points)
- Paying 35% or more
- 44.8% (±8.4 points)
- Median share of income
- 30.7% (±5.1 points)
Rent as a share of income in Red Bank
| Share of income spent on rent | Red Bank | Hamilton County | Tennessee | United States |
|---|---|---|---|---|
| Less than 15% | 17.2% (±6.2 points) | 13.7% | 13.7% | 12.6% |
| 15% to 19.9% | 6.3% (±3.1 points) | 13.5% | 12.5% | 12.2% |
| 20% to 24.9% | 11.6% (±4.0 points) | 14.8% | 13.2% | 12.6% |
| 25% to 29.9% | 14.1% (±6.1 points) | 12.8% | 11.7% | 11.5% |
| 30% to 34.9% | 6.1% (±5.4 points) | 7.2% | 9.1% | 9.2% |
| 35% or more | 44.8% (±8.4 points) | 38.1% | 39.7% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Red Bank against Hamilton County, its state and the nation
| Red Bank | Hamilton County | Tennessee | United States | |
|---|---|---|---|---|
| Paying 30% or more | 50.9% (±10.0 points) | 45.3% (±2.2 points) | 48.8% (±0.6 points) | 51.1% |
| Paying 35% or more | 44.8% (±8.4 points) | 38.1% (±1.8 points) | 39.7% (±0.5 points) | 41.9% |
| Median share of income | 30.7% (±5.1 points) | 28.1% (±0.7 points) | 29.5% (±0.2 points) | 30.6% |
| Median renter household income | $44,279 (±$11,558) | $50,538 (±$2,129) | $46,745 (±$535) | $52,966 |
| Median gross rent | $1,283 (±$85) | $1,253 (±$28) | $1,189 (±$7) | $1,413 |
In Red Bank, the share of renters paying 30% or more of income is not measurably different from Hamilton County (45.3%).
It is not measurably different from Tennessee (48.8%).
It is not measurably different from the national figure (51.1%).
In Hamilton County, Red Bank ranks 4 of 18 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 123 of 403.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Red Bank
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Red Bank | — | 50.9% (±10.0 points) | — |
| Signal Mountain | 3.4 mi | 54.5% (±25.5 points) | Not measurably different |
| Walden | 3.7 mi | 14.0% (±13.7 points) | Lower |
| Chattanooga | 4.2 mi | 46.4% (±2.8 points) | Not measurably different |
| Fairmount | 5.5 mi | 8.2% (±39.5 points) | Lower |
| Ridgeside | 6.0 mi | 100.0% (±119.6 points) | Not measurably different |
| Falling Water | 6.2 mi | 11.0% (±45.9 points) | Not measurably different |
| Lone Oak | 7.4 mi | 49.6% (±41.9 points) | Not measurably different |
| Middle Valley | 7.8 mi | 19.4% (±13.0 points) | Lower |
Nearby places with a measurably lower figure: Walden, TN (14.0%), Fairmount, TN (8.2%), Middle Valley, TN (19.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Hamilton County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Ridgeside | 100.0% (±119.6 points) |
| 2 | Lakesite | 60.0% (±32.1 points) |
| 3 | Signal Mountain | 54.5% (±25.5 points) |
| 4 | Red Bank | 50.9% (±10.0 points) |
| 5 | Chattanooga | 46.4% (±2.8 points) |
| 6 | Soddy-Daisy | 44.1% (±11.9 points) |
| 7 | Mowbray Mountain | 43.1% (±59.0 points) |
| 8 | East Ridge | 39.4% (±6.9 points) |
| 9 | Collegedale | 38.8% (±12.8 points) |
| 10 | Harrison | 37.5% (±18.4 points) |
Showing 10 of 18 places in Hamilton County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Red Bank
Are renters in Red Bank rent-burdened?
50.9% of renting households in Red Bank pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Red Bank spend on rent?
The median renting household in Red Bank, TN spends 30.7% (±5.1 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Red Bank city, Tennessee
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Red Bank city, Tennessee
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Red Bank city, Tennessee
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 Red Bank city, Tennessee (place:61960, in state:47).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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
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- Income and affordability in Red Bank
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- Property taxes in Red Bank
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- Population growth in Red Bank
- How long people stay in Red Bank
- Crowding and facilities in Red Bank
- Fair Market Rent in Red Bank
- Tennessee landlord and tenant rules
- Housing across Hamilton County
- Tennessee places ranked by rent burden
- Housing data for every place in Tennessee