The median home value in Spring City, TN is $218,300. This is higher than the county median home value of $215,800. The national median home value is $338,100. The average price of homes sold in Spring City, TN is $218,300. Approximately 62.18% of Spring City homes are owned, compared to 28.44% rented, while 9.39% are vacant. Spring City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Spring City real estate agent to arrange a tour today!
Learn More About Spring City Real EstateSpring City has a population of approximately 2,372 and experiences a population change rate of 17.14%. The population density is 889.1 / sq mi.
The median household income for Spring City is $36,597, with 975 households and an average household size of 2.33.
The cost of living index in Spring City is 83.9%.
The median value of a home in Spring City is $218,300 with an appreciation rate of 22.8%. 62.2% of housing in the city is owned while 28.4% is rented.
The unemployment rate in Spring City is 3.50%, and recent job growth is at -0.31%. Future job growth is projected at 48.09%.
The sales tax rate in Spring City is 9.75%, while the income tax rate is 0.00%.
School expenditures in Spring City are $9,934, and the school ratio is 14.7:1.
The average high temperature in July is 88 degrees, with an average low temperature in January of 25.1 degrees. The average rainfall is approximately 56.3 inches per year, with 2.7 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 84.96 | 83.12 |
College Degree - 2 year | 5.81 | 7.04 |
College Degree - 4 year | 11.62 | 17.69 |
Graduate Degree | 1.34 | 4.28 |
Expenditures per Student | $9,934 | $9,934 |
Students per Teacher | 14.70 | 14.70 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Dayton City Elementary School | PK - 08 | 813 | 14.4 | 37321 |
Frazier Elementary School | PK - 05 | 379 | 15.2 | 37321 |
Graysville Elementary School | PK - 05 | 256 | 13.8 | 37321 |
Meigs North Elementary School | PK - 05 | 459 | 15.3 | 37322 |
Meigs South Elementary School | PK - 05 | 399 | 12.9 | 37322 |
Rhea Central Elementary | KG - 05 | 656 | 12.9 | 37321 |
Spring City Elementary School | PK - 05 | 644 | 13.8 | 37381 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Meigs Middle School | 06 - 08 | 434 | 16.1 | 37322 |
Midway Middle School | 06 - 08 | 189 | 14.5 | 37880 |
Rhea Middle School | 06 - 08 | 659 | 19.4 | 37332 |
Spring City Middle School | 06 - 08 | 331 | 13.8 | 37381 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Meigs County High School | 09 - 12 | 547 | 15.3 | 37322 |
Rhea County High School | 09 - 12 | 1518 | 17.2 | 37332 |