Counties / Tennessee / Claiborne County

Claiborne County, TN

FIPS 47025 · population 32,466 · outside every metro area

$232k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$232k
▲ 5.8% year over year
Zillow ZHVI · direct
Median asking rent
$1,325
n/a year over year
Zillow ZORI · direct
Gross yield
6.9%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$925
market rent is 1.43x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

The annual signals disagree
FHFA five-year cumulative+46.1%not annualized · through 2025
0%ZILLOW ZHVI2026-06+5.8%FHFA HPI2025−4.9%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$160k
Surveyed gross rent$745
Rent burden 30%+42.5%
Median year built1987
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
11.5%vacant
15,512estimated housing units
Occupied tenure27.8% renter
owner 72.2%renter 27.8%
Structure mix69.3% single-family
Single-family 69.3%20+ units 0.5%Mobile home 23.1%Other 7.1%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs8,700▼ 1.0% from the prior annual release
Covered establishments582annual average reporting locations
Average weekly wage$939▲ 6.5% from the prior annual release
Largest private supersectorManufacturing31.8% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−1.0%WEEKLY WAGE+6.5%Manufacturing31.8%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Claiborne County presents a yield-versus-exit-price tension: published rent supports an initial gross screen, but conflicting value indicators and concession-heavy listings leave resale underwriting unresolved. It merits investigation by buyers able to validate leases, flood exposure and operating costs; buyers relying on smooth appreciation or rapid resale should be cautious. This is county-level evidence, not a statement about a metro or neighborhood.

02Housing economics

At Zillow’s June 2026 county observation, median home value was $232,156 and median asking rent was $1,325 per month, producing the supplied 6.85% gross yield before costs. The effective property-tax rate was 0.49%, a carrying-cost input, not net yield. HUD’s two-bedroom FMR is a payment standard, not an asking-rent estimate, and cannot replace market rent. Zillow’s positive annual value direction and FHFA’s annual 2025 repeat-transaction HPI decline of 4.94% use different methods and vintages; do not average them or treat either as a forecast.

03Demand & competition

Realtor.com’s MLS evidence shows 142 active listings, median marketing time of 60 days, a 28.12% price-reduced share and a 29.58% pending-to-active ratio. These measure visible supply, marketing time, seller concessions and pipeline—not closed-sale prices or buyer demand by themselves. Migration was positive by 201 tax-return households, while inbound movers’ average income exceeded outbound movers’ by $16,228; this is context, not tenant demand. Non-occupants represented 8.94% of 302 purchase mortgages, limited recorded investor participation rather than all buyers. QCEW annual workplace-based covered employment declined, and Manufacturing was the largest disclosed private supersector; neither is resident employment or a forecast.

04Risk & next checks

Inland flood is dominant, and the modeled annual climate-loss ratio is 0.13% of building value; it is an expected-loss model rather than a property-specific outcome. Parcel flood zone, elevation, insurance quotes, loss history, condition, achieved rents, vacancy, utilities, repairs and financing terms are not published. Their absence prevents a net-cash-flow conclusion and testing whether flood costs or capital needs erase gross yield. Closed-sale comparables and contract terms are needed to test the MLS exit signal.

Cities & communities

Where people live within Claiborne County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Harrogate city4.4KTazewell town2.9KNew Tazewell town2.8KCumberland Gap town309
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

4 Census places

Population
  1. 01
    Harrogate cityIncorporated place
    4,368
  2. 02
    Tazewell townIncorporated place
    2,902
  3. 03
    New Tazewell townIncorporated place
    2,799
  4. 04
    Cumberland Gap townIncorporated place
    309

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.129% of building value expected lost per year

Effective property tax0.49%

$777 median annual bill

02
DemandIRS SOI household flows
Net migration+201

866 in · 665 out

Arriving vs leaving income+$16,228

$61,708 arriving · $45,480 leaving

03
CompetitionHMDA financed purchases
Purchases by investors8.9%

27 of 302 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings142▲ 14.5% year over year
Median days on market60▼ 12.7% year over year
Listings price-reduced28.1%seller-concession signal
Median listing pricen/a▲ 14.4% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Bear case

What can break the county thesis

  1. Property-level rents, vacancy and operating expenses could make the gross-yield screen unattainable.
  2. Flood insurance, prior losses or site exposure could exceed the county model's applicability.
  3. Listing concessions may not translate into a sale price that supports the exit assumption.
Underwriting questions

Before pricing a property

Can the HUD two-bedroom FMR be used to calculate gross yield?

No. It is a payment standard; the supplied market asking rent, not FMR, underlies the gross-yield figure.

Do the Realtor.com metrics establish a closed-sale price?

No. They are MLS listing-market measures and require closed-sale comparables to assess exit pricing.

Does QCEW show county residents' employment?

No. It measures annual covered jobs at workplaces located in the county.