Counties / Tennessee / Weakley County

Weakley County, TN

FIPS 47183 · population 33,016 · part of Martin, TN

$199k
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
$199k
▲ 8.1% year over year
Zillow ZHVI · direct
Median asking rent
$923
n/a year over year
Zillow ZORI · direct
Gross yield
5.6%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$925
market rent is 1.00x 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.

Both annual signals move in the same direction
FHFA five-year cumulative+68.1%not annualized · through 2025
0%ZILLOW ZHVI2026-06+8.1%FHFA HPI2025+3.5%
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$151k
Surveyed gross rent$803
Rent burden 30%+42.6%
Median year built1977
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
11.1%vacant
15,056estimated housing units
Occupied tenure33.7% renter
owner 66.3%renter 33.7%
Structure mix72.1% single-family
Single-family 72.1%20+ units 0.5%Mobile home 11.5%Other 15.9%
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 jobs10,638▼ 0.3% from the prior annual release
Covered establishments637annual average reporting locations
Average weekly wage$882▲ 2.2% from the prior annual release
Largest private supersectorManufacturing26.3% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−0.3%WEEKLY WAGE+2.2%Manufacturing26.3%
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

Decision frame: Weakley County warrants investigation for buyers who can verify property-level expenses and leasing, but caution is warranted for those underwriting recent appreciation as durable. Zillow’s June 2026 county median home value was $198,771, up 8.08% year over year. FHFA’s separate 2025 repeat-transaction HPI rose 3.47% annually. Both point upward, but the latter is an index rather than a home value; their differing methods and vintages cannot be combined into one growth rate.

02Housing economics

Housing economics are positive only before operating costs. That Zillow observation reports median asking market rent of $923 per month, supporting a stated gross yield of 5.57% before vacancy, repairs, insurance, financing, and tax. HUD FMR is a payment standard rather than asking rent, so it does not validate market rent or yield. The county effective property-tax rate is 0.48%; it should be applied only after parcel assessment and exemptions are checked. Property-specific taxes, insurance, and utility responsibility are not published, preventing a net-yield estimate.

03Demand & competition

Demand and competition evidence is mixed, not proof of buyer depth. Realtor.com’s June 2026 MLS market had active listings down 30.16% year over year while median marketing time was 74 days; price reductions were also present. Supply contraction alongside that marketing period warrants pricing review, and listings are asking-market evidence rather than closed sales or buyer demand. QCEW’s separate 2025 county workplace series showed covered employment down 0.33%; Manufacturing is the largest disclosed private supersector, not the whole economy. Tax-return migration was net positive, and average income was higher among in-movers. Non-occupants accounted for 14.73% of 258 purchase mortgages, participation that does not prove price-setting power.

04Risk & next checks

Risk limits center on earthquake exposure: modeled annual climate loss equals 0.25% of building value, but modeled loss is not an insurance quote or a parcel hazard assessment. Missing published evidence on property-level earthquake insurance availability and cost, condition, replacement cost, sale comparables, vacancy, and lease terms prevents a defensible net-income, cap-rate, or resale-liquidity conclusion. Verify parcel tax assessment, hazard maps and deductibles, rent comparables, and closed-sale evidence; county data cannot determine an individual asset’s resilience or exit conditions.

Cities & communities

Where people live within Weakley 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
Martin city10.9KMcKenzie city*5.6KDresden town2.9KGreenfield city2.3KGleason town1.2KSharon town1KPalmersville CDP114Dukedom CDP92
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

8 Census places

Population
  1. 01
    Martin cityIncorporated place
    10,915
  2. 02
    McKenzie cityIncorporated place · spans 3 counties
    5,631
  3. 03
    Dresden townIncorporated place
    2,943
  4. 04
    Greenfield cityIncorporated place
    2,264
  5. 05
    Gleason townIncorporated place
    1,159
  6. 06
    Sharon townIncorporated place
    1,036
  7. 07
    Palmersville CDPCensus-designated place
    114
  8. 08
    Dukedom CDPCensus-designated place
    92

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 hazardearthquake

0.254% of building value expected lost per year

Effective property tax0.48%

$729 median annual bill

02
DemandIRS SOI household flows
Net migration+61

817 in · 756 out

Arriving vs leaving income+$5,194

$45,425 arriving · $40,231 leaving

03
CompetitionHMDA financed purchases
Purchases by investors14.7%

38 of 258 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 listings66▼ 30.2% year over year
Median days on market74▲ 33.0% year over year
Listings price-reduced8.6%seller-concession signal
Median listing pricen/a▲ 7.5% 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 taxes, insurance, repairs, and vacancy could erase the published pre-cost yield.
  2. MLS asking evidence may not translate to closed-sale liquidity or achievable rents.
  3. Earthquake exposure, deductibles, or unavailable coverage may exceed county modeled-loss assumptions.
Underwriting questions

Before pricing a property

What is the published pre-cost gross yield?

5.57%, based on the supplied market-rent and price figures; it excludes operating and financing costs.

Is HUD FMR evidence of market asking rent?

No. HUD FMR is a payment standard; the supplied median asking market rent is $923 per month.

What does investor competition look like?

Non-occupants accounted for 14.73% of 258 purchase mortgages.