Tennessee · Population 171,897 · Updated March 2026
How far your income goes in Clarksville
State-level tax rates that affect your costs
Clarksville is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 83 (where 100 equals the national median), Clarksville residents can expect to pay median rent of $1,215/month while earning a median household income of $66,786/year.
The median home value in Clarksville, TN is $236,100, with typical monthly owner costs around $1,254 including mortgage, insurance, and taxes. The median rent-to-income ratio of 21.8% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.
Tennessee has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 7.0% sales tax rate and 0.64% effective property tax rate, the overall tax environment helps keep costs manageable in Clarksville.
Common questions about living costs in Clarksville
Similar-sized cities to compare
Compare the cost of living in Clarksville, TN with 299 other major U.S. cities