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Rutherford County, TN

RANK #671 / 1001 NAT  ·  #18 / 33 TN  ·  POP 360,646

1YR FORECAST: -1.4%

5YR OUTLOOK: +26%

Our model projects Rutherford County's housing market at -1.4% over the next year, underperforming most U.S. counties.

[01] Why Rutherford County?

Murfreesboro, the county seat of Rutherford County, Tennessee, served as the state capital from 1818 to 1826. Located in the heart of Tennessee, the county is about a 30-minute drive southeast of Nashville, with Interstate 24 bisecting the county and offering direct access to the larger city. The community blends Southern charm with a modern feel, attracting an average of 20 new residents daily. Outdoor enthusiasts can explore the Stones River National Battlefield, with its trails and scenic river views, or enjoy boating and fishing on the 14,000-acre J. Percy Priest Lake.

Life in Rutherford County is characterized by a mix of families and young professionals, many of whom commute to Nashville. The Rutherford County Schools district is one of the largest and fastest-growing in Tennessee, with several schools earning high ratings for academic growth. Middle Tennessee State University in Murfreesboro also contributes significantly to the local economy and workforce. The economy is driven by sectors like advanced manufacturing, healthcare, and technology, with major employers including Nissan North America in Smyrna.

MARKET PROFILE

Sun Belt Exurban Boom

Rutherford County is one of 43 U.S. counties in this market profile — stronger than typical on the BoomTown Index. Within this cohort, its recent home-price change of -0.3% matches the profile's typical -0.0%.

See all 43 Sun Belt Exurban Boom counties →

[02] Market Snapshot

Housing Ratio
14.1x

Overvalued relative to economy

Home Prices
-0.3%

Prices declining

Climate & Terrain
-0.8

Below-average climate & terrain

Price/Rent
19x

Above national median (15x)

Housing looks overvalued at 14.1x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Nissan North America Manufacturing
    5,000+
  2. 2
    Amazon Logistics
    2,500+
  3. 3
    Ascension Saint Thomas Healthcare
  4. 4
    Middle Tennessee State University Education
    1,000+
  5. 5
    Ingram Content Group Other
  6. 6
    Department of Veterans Affairs Tennessee Government
  7. 7
    The Kroger Co. Retail
  8. 8
    Asurion Technology
  9. 9
    Verizon Wireless Technology
  10. 10
    Bridgestone Americas Inc. Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Rutherford County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
360,646
+2.58% YoY
Median Household Income
$85,470
Median Home Value
$382,600
-0.27% 12mo
Median Rent
$1,502
Average Annual Pay
$66,274
+4.1% YoY
Employment
147,661
-1.1% YoY
Income-to-Home-Value
0.2234
Near national average
Migration Inflow
4.29%
of pop. from another state
Bachelor's Degree+
35.8%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$427,500
Days on Market
63
Slower market
Months of Supply
3.7
Balanced market
Sale-to-List Ratio
98.8%
Near asking price
Sold Above List
15.3%
Listings w/ Price Drops
24.9%
Building Permits (2025)
3,169
Single-Family Permits
2,533

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C+
SAFETY
GRADE
Homicide Rate
5.7
per 100K · nat avg 6.3
Firearm Fatalities
14.5
per 100K · nat avg 14.8
Injury Deaths
83.1
per 100K · nat avg 76.3
vs National Average
Near national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Score Breakdown

Population Growth +2.6% 92 percentile
Income Growth +3.5% 68 percentile
Vacancy Rate 1.5% 19 percentile
Home Price Change -0.3% 24 percentile
Rent Growth +0.5% 14 percentile
Price/Rent 19x 23 percentile

Bars show percentile rank among all 1001 counties.

[07] Frequently Asked Questions

Is Rutherford County, TN a good place to move to?

At 32/100, Rutherford County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $85,470 combined with job growth of -1.1% suggests the local economy is struggling to keep pace with national trends.

Is Rutherford County affordable?

Rutherford County leans toward the expensive side. A median home value of $382,600 against an income-to-home-value ratio of 0.22 means housing eats a bigger share of local earnings than the national norm. Renters face $1,502/month on average.

Is Rutherford County growing or shrinking?

Rutherford County is attracting residents (population +2.6% YoY) even as the job market softens with employment at -1.1%. Housing values changed -0.3% over the past 12 months. People may be moving here for affordability or lifestyle reasons rather than job opportunities.

Are people moving to Rutherford County?

There's a moderate stream of newcomers. About 4.29% of residents moved from another state, which is above average and suggests Rutherford County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[08] Similar Counties by Size & Score

Wilson County, TN 32 Gibson County, TN 31 Montgomery County, TN 36 Carter County, TN 28 Hamilton County, TN 28 Tipton County, TN 28 McLennan County, TX 32 Cabarrus County, NC 32