Spring Hill real estate guide

Spring Hill, TN cost of living

Income, rent, home values and the city tax rate for Spring Hill, Tennessee, from the Census Bureau, Redfin and the City of Spring Hill, with the source next to every number.

Census data 2024 (5-year, 2020-2024)

Spring Hill cost of living at a glance

For Spring Hill city, the Census Bureau's American Community Survey (2020-2024) reports a median household income of $112,013, median rent of $1,844 a month and a median owner-estimated home value of $493,800. Redfin's median sale price was $509,000 as of August 31, 2026, and the City of Spring Hill's property tax rate is $0.739 per $100 of assessed value.

Median household income$112,0132024 dollars
Median rent$1,844per month
Median home value$493,800owner estimate
Median sale price$509,000Redfin, Aug 2026
Owner-occupied homes73.4%of occupied homes
City tax rate$0.739per $100 assessed

Sources: U.S. Census Bureau, American Community Survey (5-year estimates, 2020-2024); Redfin Data Center (rolling 3 months ending August 31, 2026); City of Spring Hill.

City by city

Income, rent and home value: Spring Hill and nearby cities

Numbers only, listed alphabetically after Spring Hill. These are different places with different home types, so a lower or higher number is not a ranking.

U.S. Census Bureau, American Community Survey 5-Year Estimates (2020-2024)
CityMedian household incomeMedian rentMedian home valueOwner-occupied
Spring Hill$112,013$1,844$493,80073.4%
Brentwood$182,088$2,825$1,031,30090.4%
Columbia$63,719$1,197$308,70063.3%
Franklin$119,528$1,923$705,40063.8%
Murfreesboro$80,108$1,481$402,10052.4%
Nolensville$177,148$2,454$777,80093.6%
Thompson's Station$132,647$2,088$700,50081.3%

Income is in 2024 inflation-adjusted dollars. Home value is the owner's own estimate. Rent is for units that pay rent. Estimates have margins of error. Redfin's sale prices measure actual recent sales, so the two home-value figures differ.

Common questions

Spring Hill cost of living FAQ

What is the cost of living in Spring Hill, TN?

There is no single official number. The Census Bureau's American Community Survey (2020-2024) shows a median household income of $112,013, median rent of $1,844 a month and a median owner-estimated home value of $493,800 for Spring Hill city. Redfin's median sale price was $509,000 as of August 31, 2026.

What is the median rent in Spring Hill, TN?

The Census Bureau's median gross rent for Spring Hill city was $1,844 a month (American Community Survey, 2020-2024). It covers units that pay rent and varies by size, age and location.

What is the median household income in Spring Hill, TN?

$112,013, in 2024 inflation-adjusted dollars (American Community Survey, 2020-2024).

Why are the Census home value and the Redfin sale price different?

The Census figure is the owner's own estimate of what their home would sell for, averaged over five years of survey responses. Redfin's figure is the median price of homes that actually sold in the most recent three months. The two measure different things.

What is the property tax rate in Spring Hill?

The City of Spring Hill's rate is $0.739 per $100 of assessed value (2025 and 2026-27, the same in both counties). County property tax is separate. See the Spring Hill property taxes page.

Another way buyers frame the question is to compare the full monthly cost of buying (payment, taxes, insurance, maintenance) with the monthly cost of renting a comparable home, and to weigh how long they expect to stay. This page is general information, not legal, tax, lending or financial advice. Equal Housing Opportunity.

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