Goodlettsville, TN

Average · 102

Tennessee · Population 17,598 · Updated March 2026

$1,370
Median Rent / Month
$65,898
Median Income
$355,000
Median Home Value
$1,373
Owner Costs / Month

Affordability

How far your income goes in Goodlettsville

24.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Tennessee

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
7.0%
Sales Tax
0.64%
Property Tax Rate

Estimated Annual Costs

$16,440
Annual Rent
$0
State Income Tax
$2,272
Property Tax (est.)

Cost of Living Overview

Goodlettsville has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 102 (where 100 equals the national median), Goodlettsville residents can expect to pay median rent of $1,370/month while earning a median household income of $65,898/year.

The median home value in Goodlettsville, TN is $355,000, with typical monthly owner costs around $1,373 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.9% 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 Goodlettsville.

Frequently Asked Questions

Common questions about living costs in Goodlettsville

What is the cost of living in Goodlettsville, TN?
The cost of living index in Goodlettsville, TN is 102 (US average = 100). Median monthly rent is $1,370, median household income is $65,898/year, and the median home value is $355,000.
Is Goodlettsville, TN affordable?
No, Goodlettsville is more expensive than the national average with a cost index of 102. The rent-to-income ratio is 24.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Goodlettsville, TN?
The median gross rent in Goodlettsville, TN is $1,370 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $16,440.
What is the median household income in Goodlettsville?
The median household income in Goodlettsville, TN is $65,898 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Tennessee?
Tennessee has a top income tax rate of 0%, a sales tax of 7.0%, and an effective property tax rate of 0.64%. Notably, there is no state income tax.